DFS: core once more
Gavin Lipsith
15-May-2006
The world's biggest travel retailer has gained a new lease of life, posting strong profits and justifying owner LMVH Moët Hennessy-Louis Vuitton's faith in the retailer. Recent moves point to interesting changes in the company's strategy, writes Gavin Lipsith
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In the judgemental corporate arena, being labelled non-core is the equivalent of being picked last in a playground football game. Nobody wants to be in that situation, and there are
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(15-Sep-2006) - More fashion & leathergoods news
(15-Mar-2005) - LVMH Moët Hennessy-Louis Vuitton has created a new sales and marketing division, Moët Hennessy USA, which has assumed the responsibilities and functions of its three existing US distributors Schieffelin & Co, Clicquot and Millennium Import
(15-Feb-2007) - LVMH Moët Hennessy-Louis Vuitton has built on the previous year’s growth to post record profits in 2006.
(1-Mar-2003) - By Dermot DavittINTERNATIONAL. DFS Group broke even in 2002 as the company cut costs, restructured its product lines and renegotiated concessions, according to parent company LVMH Moët Hennessy-Louis Vuitton in results announced on March 6. Arnault said he would wait until profits improved further before deciding on a sale.
(21-Oct-2004) - LVMH Moët Hennessy Louis Vuitton is to purchase Glenmorangie for about £300m ($540m)

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DFS: core once more