2014 WAS A PROLIFIC YEAR FOR LVMH. IN AN EVER MORE RAPIDLY.CHANGING ENVIRONMENT OUR GROUP, DEMONSTRATED THE STRENGTH.OF ITS GROWTH MODEL AND THANKS TO, THE GREAT DEDICATION.OF, ITS TEAMS PROVED THAT IT COULD COMBINE RESPONSIVENESS.AND LONG-TERM VISION. AT THE INTERSECTION BETWEEN ICONIC.BRANDS AND NEW GENERATIONS IT IS, LAYING THE GROUNDWORK.FOR THE SUCCESSES OF TOMORROW.2014 was an eventful year, for LVMH mostly in positive ways. I will mention of course,,The opening of the Fondation, Louis Vuitton an enduring monument to our patronage.Of the arts. The magnifi cent building that, houses it due to the genius of Frank.Gehry is the, perfect refl ection of our values of excellence and innovation. I also see.It as a symbol of our é LAN and our confi dence in the future. Furthermore I would, like.To recall two major initiatives that particularly illustrate the pillars underpinning.Our Group 's strength: expert craftsmanship showcased by, the foundation of the.Institut des M é tiers d ', creativity Excellence and, with recognized the LVMH Prize.For Young Designers.2014 will also, be remembered unfortunately for the, precipitous passing of Yves.Carcelle one of, our Group ', s principal managers and for the deep sadness we.Felt. Yves served as the head of Louis Vuitton for more than twenty years and was,,At the heart of its success. A driven leader.
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