LVMH Acquires Arnys

  LVMH Acquires Arnys

Business Wire

PARIS -- June 14, 2012

LVMH, the world’s leading high quality products group, announces the
acquisition of Arnys, the celebrated made-to-measure menswear brand.

Arnys has been led by the Grimbert family since 1933 and most recently by Jean
and Michel Grimbert, the third generation of the family to run and own the
business. The brand is synonymous with the best of French expertise in haute
couture and made-to-measure tailoring for men and also has an exceptional
ready-to-wear line.

Antoine Arnault, Chief Executive of Berluti, said: “This acquisition brings
together two Maisons which, in their own respective ways, embody generations
of excellence, savoir faire and creativity. Jean Grimbert brings to our
project his invaluable expertise and pure passion for elegance and its perfect
execution, qualities embodied by Arnys as well as by Berluti”.

Jean Grimbert added: “The transmission of knowledge and craftsmanship has been
at the heart of our discussions with Antoine Arnault since our very first
meeting. I am delighted and proud that the savoir faire of the Arnys workshops
will live on through Berluti.”

This acquisition reflects Berluti’s strategy under Antoine Arnault to expand
the activities of the celebrated shoe maker with the brand’s first men’s high
end ready-to-wear collection. Alessandro Sartori, Artistic Director and
creator of the highly successful collection launched at the Beaux Arts in
Paris on 20 January 2012, will lead the brand’s made-to-measure activities.

Jean Grimbert will personally oversee the continuation of Arnys’ expertise and
the boutique at 14, rue de Sevres in Paris, will become the flagship store for
Berluti’s new activities. This boutique will be one of the only places in
France where it will be possible to order an entirely made-to-measure suit.

Arnys’ craftsmen and all the brand’s employees will join the LVMH Group.

About LVMH

LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a
portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot
Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Hennessy, Glenmorangie,
Ardbeg, Vodka Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes,
Cheval des Andes, Green Point, Cape Mentelle, Newton, Wen Jun. Its Fashion and
Leather Goods division includes Louis Vuitton, the world's leading luxury
brand, as well as Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio
Pucci, Donna Karan, Marc Jacobs and Berluti. LVMH is present in the Perfumes
and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy,
Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies
(BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also
active in selective retailing as well as in other activities through DFS,
Sephora, Le Bon Marché, Samaritaine and Royal Van Lent. LVMH's Watches and
Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith,
Fred, Hublot and De Beers Jewellery, a joint venture created with the world’s
leading diamond group. www.lvmh.com

Contact:

France:
DGM Conseil
Michel Calzaroni / Olivier Labesse/Sonia Fellmann / Hugues Schmitt
+ 33 1 40 70 11 89
or
England:
Hugh Morrison, + 44 207 920 23 34
M: Communications + 44 773 965 54 92
or
Italy:
Carlobruno&associati
Michele Calcaterra / Valerio Mancino
+39 02 89 05 51 01
or
US:
Kekst and Company
James Fingeroth / Molly Morse
+1 212-521-4800
 
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