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LVMH - Notice to the holders of $750 million cash-settled synthetic convertible bonds due 2021 (ISIN code FR0013113073) (the 'Bonds')
In a release dated 3 December 2019, LVMH indicated that it received on 2 December 2019 a notification which triggered the procedure provided under 7.1(a)(v) of the Terms and Conditions of the Bonds (the « T&C »).
LVMH informs the holders of the Bonds that at the end of the Reference Period (as defined in the T&C) that ran from 3 December 2019 (included) until 16 December 2019 (included), the Trading Condition, as per 7.1(a)(v) of the T&C and as verified by the Calculation Agent, is not met.
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LVMH - Moët Hennessy Louis Vuitton SA published this content on 18 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 December 2019 08:20:04 UTC
LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury products. Net sales break down by family of products as follows:
- fashion and leather items (48.9%): brands such as Louis Vuitton, Kenzo, Celine, Fendi, Marc Jacobs, Givenchy, etc.;
- watches and jewels (12.8%): Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred brands, Tiffany, etc.;
- perfumes and cosmetics products (9.6%): perfumes (Christian Dior, Guerlain, Loewe, Kenzo brands, etc.), makeup products (Make Up For Ever, Guerlain, Acqua di Parma, etc.), etc.;
- wines and spirits (7.7%): champagnes (Moët & Chandon, Mercier, Veuve Clicquot Ponsardin, Dom Pérignon brands, etc.; No. 1 worldwide), wines (Cape Mentelle, Château D'Yquem, etc.), cognacs (mainly Hennessy; No. 1 worldwide), whisky (mainly Glenmorangie), etc.;
The remaining sales (21%) are from selective distribution through the Sephora, DFS, Miami Cruiseline chains and Le Bon Marché and La Samaritaine department stores.
At the end of 2023, products are marketed via a network of 6,097 outlets located throughout the world.
Net sales are distributed geographically as follows: France (7.9%), Europe (16.4%), Japan (7.3%), Asia (30.8%), the United States (25.3%) and other (12.3%).
LVMH 
