“Two years to turn around retail arm,” says LVMH chief

(8-Mar-2003) - Following yesterday's announcement that DFS Group had broken even in 2002, Moet Hennessy-Louis Vuitton (LVMH) chairman Bernard Arnault has told reporters he will wait until profits improve before deciding whether or not to sell the chain

(1-Jan-2002) - INTERNATIONAL. Moët Hennessy-Louis Vuitton (LVMH) has announced its sales figures for 2001, confirming a troubled year for travel-retail arm DFS Group, recently described as non-core by LVMH chairman Bernard Arnault. The results also featured a fresh warning on profitability, although it said 2002 could feature a rebound in performance.

(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.

(18-Jun-2002) - LVMH Moet Hennessy Louis Vuitton has named former Axa and Air France chairman Jacques Friedmann as an independent member of its board. The LVMH board has proposed that Friedmann's appointment, as an independent director, be given approval at its next AGM

(15-Feb-2007) - LVMH Moët Hennessy-Louis Vuitton has built on the previous year’s growth to post record profits in 2006.