LVMH and British Shoe Designer Nicholas Kirkwood Announce New Partnership

  LVMH and British Shoe Designer Nicholas Kirkwood Announce New Partnership

Business Wire

PARIS -- September 20, 2013

LVMH and Nicholas Kirkwood announce today that they have entered into a
long-term partnership allowing the British shoe designer to further develop
his vision and build his brand internationally. Under the terms of this
agreement, LVMH will provide its expertise to Nicholas Kirkwood and own a
majority stake in the company. This investment will be part of LVMH Fashion
Group.

The Nicholas Kirkwood brand is known around the world for offering an
innovative and unique approach to shoe design, while preserving the high
standards of traditional luxury and craftmanship.

Nicholas Kirkwood, 33, studied fine art at Central Saint Martins and later
learned the craft of shoemaking at the renowned Cordwainers College. He
founded his eponymous shoe brand in 2004 and together with his business
partner, Christopher Suarez, gained the attention of press and buyers around
the world for his signature sculptural shoes. His collections are currently
distributed in 150 leading department and specialty stores around the world as
well as three flagship stores in London, New York and Las Vegas. Among other
recognitions, Nicholas Kirkwood has twice been named accessories designer of
the year at the British Fashion Awards, and this year, became the first
Accessories Designer to be awarded the British Fashion Council/Vogue Designer
Fashion fund.

This acquisition affirms the ongoing commitment of LVMH to nurture talent and
creativity, considered the heart of success in the industry in which they are
leaders.

“We are delighted to welcome Nicholas Kirkwood in the LVMH group. Nicholas’
talent for shoe design is exceptional and I am especially impressed with his
commitment to innovation and craftsmanship. Throughout our meetings, I was
particularly struck by his entrepreneurship and we discovered rapidly that we
shared the same vision and beliefs. We want to allow him to further explore
the boundaries of his creativity while the brand will benefit from LVMH’s
expertise” said Delphine Arnault.

Nicholas Kirkwood said, “It's with a great sense of excitement and pride that
I enter into this partnership. LVMH is home to the most celebrated and revered
brands and talents in our industry, and has an implicit understanding of
luxury. From my first meeting with Delphine Arnault and Pierre-Yves Roussel of
LVMH, it was clear that LVMH would be the best partner for our brand as we
have the same values of design, creativity, and craftsmanship. I look forward
to us working together to achieve our long term vision for the brand.”

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, Wen Jun, Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los
Andes, Cheval des Andes, Cape Mentelle, Newton et Numanthia. Its Fashion and
Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy,
Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Loro Piana 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, la
Samaritaine and Royal Van Lent. LVMH's Watches and Jewelry division comprises
Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers
Diamond Jewellers Ltd, a joint venture created with the world’s leading
diamond group.

Contact:

Analysts / Investors:
LVMH
Chris Hollis, +33 1 44 13 21 22
or
Media:
France
DGM Conseil
Michel Calzaroni / Olivier Labesse / Sonia Fellmann / Hugues Schmitt
+33 1 40 70 11 89
or
UK
Capital MSL
Claire Maloney, +44207307 53 41
or
Italy
Carlo Bruno & Associati
Michele Calcaterra / Matteo Steinbach
+39 02 89 05 51 01
or
US
Kekst and Company
James Fingeroth / Molly Morse / Anntal Silver
+1212 521 4800
or
Fashion Media:
Pierre Rougier, +33 6 85 75 74 00
pierre@prconsulting.net
or
For Nicholas Kirkwood:
pr@Nicholaskirkwood.com
 
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