Lands’ End Sharpens Its Pencils To Launch The ‘Smart Stop’ For Back To School

On-trend style, outstanding value and best-in-class school uniforms make Lands’ End the one-stop Smart Stop for back-to-school

Being smart isn’t just about getting good grades. It’s also about being savvy. Savvy parents also know that Lands’ End Kids is the one-stop Smart Stop for back-to-school. Lands’ End today announced it has launched its largest assortment of on-trend, back-to-school clothing, uniforms and gear with extended sizes, clever features, better pricing and the return of A+ favorites.

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Lands’ End (PRNewsfoto/Lands’ End, Inc.)

“At Lands’ End Kids, we make it easy to be a smart shopper with just about everything kids of all ages and sizes need for back to school. From head to toe, backpacks to lunch boxes, we have styles to suit every taste and durability to satisfy every parent,” says Todd Christiansen, divisional merchandise manager, Lands’ End Kids. “We design our clothing and gear to not only last, wash after wash, playground visit to pick-up soccer game, but we offer the latest trends and styles too. Plus with features such as a virtually indestructible Iron Knee®, mix-and-match options, and tagless tags, we help parents make smart choices that will last from the first day of school and quite possibly into the next school year.

Lands End Smart Stop

Lands’ End launches the Smart Stop for Back to School

High Marks for Knit Kit™

Lands’ End designers sharpened their pencils to design this season’s Knit Kit collection for girls at an amazing value. “What’s great about the Knit Kit collection is that with just a few pieces, girls can mix and match solids, patterns and prints within a color story to extend their outfitting options. It’s a smart option for comfort and flexible style so girls can get ready in a minute,” said Liz Pierce, vice president of design, Lands’ End Kids.

Each item is incredibly soft and made to last. The fabric is 95 percent cotton with a touch of spandex to make the colors pop while ensuring the adorable tops, bottoms and dresses bounce back after each wash.

Leggings pair easily with just the right length legging tops. Long-sleeve curved hem knit tees look great with new knit skorts featuring shorts underneath. Legging tops start at $23 and leggings at $14.50. A variety of dress silhouettes including A-line, twirl and fit and flare give girls options to wear them on their own or with leggings. Dresses are priced from $27-$32. Look for two key Knit Kit “stories” – Multi Floral with dark navy and turquoise colors plus Collegiate Hearts with navy, pink and pops of yellow.

Lands End Backpacks

Best in Class Backpacks

Simply Genius! Iron Knee® Pants

Smart back-to-school shoppers know that quality matters. Iron Knee pants have set the bar for quality bottoms that will save parents money with their durability. They’re most likely to be outgrown before they’re outworn,” said Pierce.

Iron Knee pants feature a virtually hidden reinforced knee that can handle what boys and girls dish out. A thin membrane of strong, soft fabric is fused to the inside of the knee and sewn into the side seams for extra staying power. Look for Iron Knee in cargo pants, jeans, cadet pants, a new jogger style and more. For girls, select styles of chino pants feature Iron Knee, making them a solid option for school uniform and dress code schools.

Go-To Graphic Tees Express Smart Style

From cute creatures to science and space themes, girls and boys love Lands’ End graphic tees. These “statement” pieces allow kids to express their personality and are the go-to choice for layering under full-zips such as the cozy sherpa hoodie. This season’s styles feature embellishments such as sequins, metallic, glow-in-the-dark, beads and more. For girls, look for constellation and space themes as well as adorable animals such as a hedgehog, fox, horse and birds, $17.50-$28. For boys, look for dinosaurs, space, animal and conservation themes, $15.50-$27.50.

For a complete and comfortable outfit, graphic tees pair well with new joggers for girls and boys. New French terry joggers for girls are available in heather and printed, with an easy elastic waistband and ankles. Boys who seek comfort will gravitate to pull-on knit cargo joggers. Available in space dye, camo, and classic navy, these boys’ bottoms pair easily with just about any top.

Customers Asked, Lands’ End Answered

Why mess with perfection?” Lands’ End customers asked and the designers answered. Back this season are girls’ yoga pants and the sherpa hoodie in a classic silhouette starting at $37. Boys also have a new and improved sherpa hoodie with a full sherpa fleece lining, kangaroo pockets and full-zip front, also starting at $37.

Start Off on the “Smart” Foot

Lands’ End has re-envisioned its footwear collection for girls and boys with soft yet durable soles and easy fits at great prices. Many of the styles in girls’ footwear coordinate back to the Knit Kit and graphic tees. New Molly Riding Boots are a comfortable option with a cotton lining and microbial finish to easily throw on with casual cool dresses. For boys, laces are optional with slip on Oxford shoes, Chukka boots, and Trekker shoes. Continue reading

Wilshire + Cooper Introduces Sustainable Fashion for Infants With Moon Monsters

Extensive Range of European Designs Made from 100% Organic Cotton Available Now at Wilshire & Cooper

Wilshire & Cooper has Introduced the Belgian childrenswear label, Moon Monsters, an innovative collection of eco-friendly apparel and accessories made for the little rebels amongst us.

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Extensive Range of European Designs Made from 100% Organic Cotton Available Now at Wilshire & Cooper

With a primary focus on both quality and sustainability, Moon Monsters provides an eclectic mix of designs for little boys and girls made solely from 100% organic cotton. Not only is organic cotton a natural fiber that is much softer than conventional cotton, but it is also much better for your baby’s skin, especially those with sensitive skin or allergies, as it does not need to be treated with harsh chemicals and pesticides. Organic cotton also provides a much higher level of clothing quality as it naturally lasts longer and can be washed more easily, providing further benefits for both your wallet and the environment.

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Moon Monsters, an extensive range of European Designs Made from 100% Organic Cotton is Available Now at Wilshire & Cooper

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Moon Monsters, an extensive range of European Designs Made from 100% Organic Cotton is Available Now at Wilshire & Cooper

From rompers, playsuits, leggings, and pajamas to tops, sleeping bags, bibs and blankets, each style throughout the collection, many of which are gender neutral, showcases a chic, minimalistic aesthetic that incorporates adorable one-of-a-kind prints handmade by the label’s designers.

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Moon Monsters, an extensive range of European Designs Made from 100% Organic Cotton is Available Now at Wilshire & Cooper

Moon Monsters will only ever use fibers, ink, and material that has been produced in an eco-friendly process, safety tested, and certified by European laws, allowing consumers to be confident in their purchase knowing that the brand will always offer the best in loveable and sustainable items for their little loved ones.

Retailing from $20 to $62, Moon Monsters is available now at www.wilshireandcooper.com.

Announcing The Launch Of Wilshire & Cooper

Launched on Monday, April 17th, Wilshire & Cooper, a curated online shopping destination for children’s designer clothing and accessories, will offer a curated one-stop-shop for unique and beautifully crafted kidswear labels from around the world at the click of a button.

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Announcing The Launch Of Wilshire & Cooper (Courtesy of Wilshire & Cooper)

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Announcing The Launch Of Wilshire & Cooper (Courtesy of Wilshire & Cooper)

The full list of brands available in April includes Paul Smith Junior, Little Marc Jacobs, Oh My Kidswear, Moon Monsters, Little Lord and Lady, Lucky No. 7, Sol De Mayo, Lali Kids, Martine Charlotte, Little Fox, Margherita Kids, Marin + Morgan, Cartel Kids, Hannah and Tiff, Me Oui, Elks and Angels, Boys by Mark, Siaomimi, Mummy Moon, Bibiana La Lia, Radicool Kids and Lycorne. Retailing from $24-$350 USD, all collections will be available for shipping worldwide.

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Announcing The Launch Of Wilshire & Cooper (Courtesy of Wilshire & Cooper)

Whether in search of luxe designs inspired by the runways of Paris, playful statement pieces or imaginative casualwear, Wilshire & Cooper is the destination for an eclectic mix of exquisitely made contemporary kidswear brands. From widely coveted labels like Paul Smith Junior and Little Marc Jacobs to distinctive eco-friendly designs, accessories handcrafted in Spain, and specialty items made from Australian sheepskin wool, each brand has been hand selected to provide customers with a diverse selection of the latest in children’s fashion.

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Announcing The Launch Of Wilshire & Cooper (Courtesy of Wilshire & Cooper)

Each season, Wilshire & Cooper will offer the finest assortment of charming, fanciful styles for little boys and girls age newborn to 12 years including dresses, tops, bottoms, outerwear and accessories in a mixture of whimsical patterns, fabrications, and silhouettes.

Introducing Maisonette.com: The Ultimate Children’s Clothing & Lifestyle E-Commerce Destination

Maisonette.com, the new premier online baby and children’s fashion and lifestyle destination, launches today. Co-founded by Vogue Magazine alums and entrepreneurs Sylvana Durrett and Luisana Mendoza-Roccia, Maisonette brings together a curated selection of the most stylish children’s brands and boutiques from around the world into one convenient shopping destination featuring apparel, accessories, furniture, and home decor.

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Easter at Maisonette.com

Over the past five years, growth in the $300 billion childrenswear market has outpaced all other apparel markets, resulting in a fragmented landscape of thousands of brands and independent boutiques impossible for the average consumer to navigate. Maisonette will be the definitive shopping and editorial destination for childrenswear and accessories by aggregating this fragmented supplier base into one, seamless shopping destination.

Maisonette is an online marketplace featuring a curated assortment of products for children ages 0-12 from a global network of over 40 stylish boutiques and 125 brands. The site assembled the world’s coolest and hard-to-find kids’ boutiques onto one retail platform with a centralized checkout process. This enables customers to shop from Yoya in New York City, Arcade in Nashville, and Bobo Choses in Spain with single check out and streamlined shipping. In addition to bringing the world’s shops to your desktop or mobile, Maisonette also sells select exclusive brands direct to consumers, such as Bonpoint, Stella McCartney and Oeuf. All product is presented through the lens of original editorial content featuring interviews, photo shoots and curated lists from tastemakers and celebrities.

We were inspired to launch Maisonette because of the frustration we felt when we tried to shop online for stylish, well-made products for our kids,” said Chief Executive Officer and Co-Founder Sylvana Durrett. “The children’s industry is more fragmented than any other and there is no central authority in the space. Our aim is to make Maisonette that authority, and provide unprecedented access to the best children’s brands and boutiques in the world.”maisonette-skate-ahead

“As former editors, it is important to us to not only provide a compelling marketplace but also to provide inspiration,” added Chief Creative Officer and Co-Founder Luisana Mendoza-Roccia. “Maisonette connects customers to the world’s most special and unique children’s products while offering editorial content that provides an insider’s guide to trends, new brands, and tips from tastemakers. It’s the ultimate online destination for all things children and baby.”

Maisonette raised $2.775 million in seed round investment from strategic partners who offer industry-leading expertise in launching groundbreaking retail concepts and fashion brands. Participating in the round are NEA, a venture capital firm with investments in Jet.com and Moda Operandi, and Thrive Partners, an early investor in Warby Parker and Harry’s. Private investors include Silas Chou, an early investor in Michael Kors, as well as Andrew Rosen, Marcus Wainwright & Glenna Neece, Vivi Nevo, and Jonathan & Lizzie Tisch.

New “Happily Ever After” Fireworks and Projection Spectacular to Debut May 12 at Magic Kingdom Park

It’s no secret that every ‘once upon a time’ story ends with ‘happily ever after.’ Beginning May 12, Walt Disney World Resort guests will discover just how magical and emotional that fairy tale ending can be with the newest, most breathtaking fireworks show in the history of Magic Kingdom Park – “Happily Ever After.”

"Happily Ever AfterÓ Fireworks and Projection Spectacular Debuts May 12 at Magic Kingdom Park

Beginning May 12, 2017, Walt Disney World guests can discover the newest, most spectacular fireworks show in the history of Magic Kingdom Park with “Happily Ever After.” The stunning new nighttime extravaganza will feature more lasers, lights, and projections than any Magic Kingdom Park show before it. (Disney)

In addition to fireworks, the stunning new nighttime extravaganza will feature more lasers, lights, and projections than any Disney show before it. “Happily Ever After” is also an entirely new kind of Disney storytelling, one that will take guests on an inspiring journey filled with heart, humor, and emotion. Guests become part of the journey themselves as they follow favorite Disney characters on an adventure to seek out their destiny, face adversity and ultimately fulfill their dreams on the road to their happily ever after.

The 18-minute spectacle will feature scenes from classic Disney films such as “The Little Mermaid” and “Aladdin” to modern blockbusters “Moana” and “Zootopia.” Cinderella Castle will become part of the story itself, with dazzling projections bringing heartfelt Disney stories to life on and around the iconic 18-story-tall castle. Quasimodo from “Hunchback of Notre Dame” swings from the turrets. Woody and his pals from Disney•Pixar’s “Toy Story” recreate the castle entirely out of toys. And Maleficent from “Sleeping Beauty” envelops the castle in her signature green flames.

The story begins with scenes of fantastic dreams full of hope, wonder, magic and light. Disney villains soon become part of the story, attempting to quash those beautiful dreams and forcing the heroes to fight for what they believe in. Overcoming their fears, the heroes triumph and are celebrated with spectacular fireworks.

Because no Magic Kingdom Park fireworks display is complete without this little bit of magic, Tinker Bell will fly across the night sky, reminding guests that with a little faith, trust and pixie dust, everyone can find their own happily ever after.

Characters and scenes from more than 25 Disney films will be featured through state-of-the-art projections, enhanced by more than 50 choreographed spotlights, brilliant lasers and plenty of awe-inspiring fireworks. Paired with an emotional score, the new spectacular will drive the message home that anyone can grab hold of their dreams and make them come true as long as they are brave enough to listen to what guides them and bold enough to pursue their destiny.

The score for “Happily Ever After” was recorded by a 75-piece orchestra in London and includes tunes from a multitude of Disney movies, including “Beauty and the Beast,” “Pirates of the Caribbean,” “The Jungle Book” and many more.

Happily Ever After” will be presented nightly. Show times vary based on park hours.

National Geographic and Katie Couric Launch Screening Tour for Upcoming Documentary “Gender Revolution: A Journey With Katie Couric”

Two-Hour Documentary Hosted and Executive Produced by Couric Is Available for Free to All Schools and Nonprofits That Will Host Inclusive Screenings and Conversations

First look clip from GENDER REVOLUTION: A JOURNEY WITH KATIE COURIC: https://files.natgeonetworks.com/_Sp2gXfxhvt1d5R

Every day all around the world, gender is making headlines, weaving its way into conversations big and small, in settings from the government to households, from schools to places of employment. The two-hour National Geographic documentary GENDER REVOLUTION: A JOURNEY WITH KATIE COURIC (trailer here) approaches the topic of gender through the lens of science, society, and culture, all woven together by personal stories and experiences.

NATIONAL GEOGRAPHIC SOCIETY LOGO

National Geographic logo. (PRNewsFoto/National Geographic Society)

In GENDER REVOLUTION: A JOURNEY WITH KATIE COURIC, premiering Monday, Feb. 6, at 9/8c, National Geographic set out to explore this evolving concept of gender through the lens of science, society, and culture. Produced by Katie Couric Media with National Geographic Studios and World of Wonder Productions, the special will also air on National Geographic around the globe in 171 countries and in 45 languages.

To extend the life of this important documentary beyond its Feb. 6 television broadcast, National Geographic and Picture Motion are partnering on the Gender Revolution Tour, allowing any high school, college, university or nonprofit to sign up to host a free screening and discussion. The tour will harness the momentum of the conversations happening around the globe and offer an opportunity to have an informed dialogue on one of the most complicated and evolving issues in the current zeitgeist. The Gender Revolution Tour is being managed by impact agency Picture Motion.gender-revolution-national-geographic-magazine

Requests to participate in the Gender Revolution Tour can be made by filling out the request form at http://bit.ly/NatGeoGenderRevolution. Screening hosts will be sent a DVD of the film and an extensive discussion guide (LINK), created by Journeys in Film, that provides additional resources on understanding gender.

At the time of this release, more than 100 universities, high schools, and non-profit groups have already scheduled screening events of the GENDER REVOLUTION leading up to and during the week of the film’s television premiere on National Geographic.

Katie Couric Media develops and produces content, programming, and documentaries for TV networks and digital distribution platforms, focusing on compelling issues the award-winning journalist and best-selling author has covered throughout her career. Katie Couric Media projects include the “Katie Couric” podcast from Earwolf, which features the host in candid, unscripted conversations about American life and politics; the National Geographic documentary GENDER REVOLUTION; and the upcoming movie “Flint” with Craig Zadan and Neil Meron, about the drinking water contamination in Flint, Michigan. Katie Couric is the executive producer of “Fed Up” (2014) and “Under the Gun” (2016), both documentaries that premiered at the Sundance Film Festival.

From the very start, it was my hope that as many people as possible would be given the opportunity to see this film,” said Couric. “I am thrilled that along with National Geographic and Picture Motion we are going to be able to share GENDER REVOLUTION and our accompanying discussion guide with groups all over the country.

National Geographic is about exploration and discovery. Through the Gender Revolution Tour we want to encourage constructive conversations that will allow people to connect with each other over material that is science-based, investigative and in some cases deeply personal,” said Chris Albert, Executive Vice President, Global Communications for National Geographic. “We believe this is a timely and groundbreaking documentary, and are thrilled to make it available for free to any organization interested in expanding its knowledge on the gender discussion.”

We are so thrilled, but not entirely surprised, to see GENDER REVOLUTION so embraced. From Catholic Colleges to LGBT advocacy groups, city-based Sororities to mid-west High Schools, Gender Studies programs to Trans Support Groups for Parents; there has been an outpour of support for a film like GENDER REVOLUTION,” said Christie Marchese, CEO and Founder, Picture Motion.

GENDER REVOLUTION is produced by Katie Couric Media, World of Wonder Productions and National Geographic Studios for National Geographic. For Katie Couric Media, executive producers are Katie Couric and Mitch Semel. For World of Wonder, Fenton Bailey, Randy Barbato, and Jeremy Simmons serve as executive producers. For National Geographic Studios, executive producers are Jeff Hasler and Brian Lovett. For National Geographic, Tim Pastore is president, original programming and production, and Michael J. Miller is executive producer. Continue reading

The Business of Fashion: LVMH Moët Hennessy Louis Vuitton Announces Record 2016 Results

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €37.6 billion in 2016, an increase of 5% over the previous year. Organic revenue growth was 6%.lvmh-moet-hennessy-louis-vuitton

In the fourth quarter, revenue increased by 9% compared to the same period of 2015. Organic growth was 8%. The American market remains on a good track as does Europe. Asia, excluding Japan, continued its good momentum.

Profit from recurring operations reached €7 billion in 2016, an increase of 6%, to which all business groups, apart from selective distribution, contributed. This result compares to 2015 which was itself a year of growth. Operating margin reached 18.7%. Group share of net profit was €3 981 million, representing growth of 11%.

Bernard Arnault, Chairman and CEO of LVMH, said: “LVMH achieved an excellent performance in 2016 within a context of geopolitical and economic instability. Continued innovation, entrepreneurial spirit and the quest for excellence: all Maisons continue to assert these core values while maintaining rigorous execution of their strategies on the ground. In an environment which remains uncertain, we can count on the appeal of our brands and the agility of our teams to strengthen, once again in 2017, our leadership in the universe of high quality products.

Key highlights from 2016 include:

  • Record revenue and profit from recurring operations
  • Growth in the United States, Europe and Asia
  • Good performance of Wines & Spirits in all regions
  • The success of both iconic and new products at Louis Vuitton, where profitability remains at an exceptional level
  • Progress at Fendi
  • The sale of Donna Karan and the acquisition of Rimowa, a leader in luggage of excellence
  • Good momentum at Parfums Christian Dior driven by successful product innovations
  • Market share gains at Bvlgari and TAG Heuer
  • Growth at Sephora which strengthened its position in all its markets and in digital
  • Free cash flow of €3 974 million, an increase of 8%
  • Gearing of 12% at end of December 2016

WINES & SPIRITS: GOOD YEAR WITH PROGRESS IN THE UNITED STATES AND REBOUND IN SHIPMENTS TO CHINA

The Wines & Spirits Business Group recorded an increase in organic revenue of 7 %. On a reported basis, revenue growth was 5 %. Profit from recurring operations increased by 10 %. With volumes up 3%, solid growth continues for champagne and prestige cuvees performed particularly well. Hennessy cognac enjoyed an excellent year with 10% volume growth. The American market is growing well and China saw better momentum after a tough 2015 due to destocking by distributors. Other spirits, Glenmorangie and Belvedere, continued their growth.

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, Domaine du Clos des Lambrays, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia and Ao Yun.

FASHION & LEATHER GOODS: GOOD PERFORMANCE OF LOUIS VUITTON, OTHER BRANDS STRENGTHENED THEIR POSITIONS

The Fashion & Leather Goods Business Group recorded organic revenue growth of 4% in 2016. On a reported basis, revenue growth was 3 %. Profit from recurring operations increased by 10%. Louis Vuitton had a good year driven by the level of creativity across all its businesses. The continued success of its iconic product range and the strong demand for recent creations such as the new luggage designed by Marc Newson and the Louis Vuitton fragrances, all contributed to this growth. Fendi recorded robust growth crossing the symbolic revenue threshold of 1 billion euros during the year. Loro Piana continued to expand its distribution network and opened a flagship store in Paris. Céline, Loewe and Kenzo all continued to grow. Marc Jacobs continued to work on changes to its collection. Donna Karan was sold in December to the American G-III group. Rimowa, world leader in luggage of excellence, joined the LVMH group.

Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Nicholas Kirkwood, Loro Piana and Rimowa.

PERFUMES & COSMETICS: CONTINUED SUCCESS OF INNOVATIONS; EXCELLENT PERFORMANCE IN MAKEUP

The Perfumes & Cosmetics Business Group recorded organic revenue growth of 8%. On a reported basis, revenue growth was 6%. Profit from recurring operations increased by 5%. The inauguration of the new atelier for the creation of fragrances, Les Fontaines Parfumées, at Grasse was a highlight of the year. Parfums Christian Dior grew market share in all regions, driven by the worldwide success of Sauvage and the vitality of its iconic perfumes J’adore and Miss Dior. The progress of makeup also contributed to the Maison’s excellent performance. Guerlain benefitted from the successful launch of its new makeup collection inspired by its fragrance La Petite Robe Noire. Benefit experienced strong growth driven by the success of its new collection for eyebrows. Make Up For Ever, Fresh and Kat Von D performed well.

LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh).

WATCHES & JEWELRY: MARKET SHARE GAINS FOR BVLGARI AND TAG HEUER

The Watches & Jewelry Business Group recorded organic revenue growth of 5%. On a reported basis, revenue growth was 5%. Profit from recurring operations increased by 6%. Bvlgari continued to gain market share with enhancements to its Serpenti, Diva and B.zero1 lines. Growth continued in China, Korea and in the Middle East. TAG Heuer grew despite a difficult market for watches, gained market share and benefitted from the success of its new collections and its connected watch. Hublot accelerated its development in Asia and recorded the best year in its history. Chaumet continued to move its product lines upmarket and inaugurated a new boutique concept in Hong Kong.

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.

SELECTIVE RETAILING: GOOD PERFORMANCE AT SEPHORA, DFS IMPACTED BY A DIFFICULT TOURISM CONTEXT IN ASIA

The Selective Retailing Business Group recorded organic revenue growth of 8%. On a reported basis, revenue growth was 7%. Profit from recurring operations declined by 2%. Sephora gained market share across all regions and once again recorded double-digit growth in both revenue and profits. More than a hundred stores were opened in 2016 including notably a flagship store in the World Trade Center in New York and major renovations in Boston and Singapore. Its online offer accelerated with the launch in six new countries. DFS continued to face a difficult environment, notably in Hong Kong. The expansion into new destinations continued. The opening of the T Galleria in Angkor in Cambodia and one in Venice, Italy were the highlights of the year.

LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, La Samaritaine, Royal Van Lent and Cheval Blanc hotels.

Key figures:

             
Euro millions    

2015

 

2016

 

% change

Revenue    

35 664

 

37 600

 

+ 5 %

Profit from recurring operations    

6 605

 

7 026

 

+ 6 %

Group share of net profit    

3 573

 

3 981

 

+ 11 %

Free cash flow*    

3 679

 

3 974

 

+ 8 %

Net financial debt    

4 235

 

3 265

 

– 23 %

Total equity    

25 799

 

27 903

 

+ 8 %

* Before available for sale financial assets and investments, transactions relating to equity and financing activities Continue reading