LVMH Moët Hennessy Vuitton : January 24, 2020 Louis Vuitton announces partnership with National Basketball Association (NBA) and becomes Official Trophy Travel Case Provider
January 24, 2020 at 03:25 pm
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On January 22nd Louis Vuitton announced a global partnership with the National Basketball Association (NBA) ahead of the NBA Paris 2020 Game between the Charlotte Hornets and the Milwaukee Bucks on January 24th at the AccorHotels Arena. Louis Vuitton becomes the official Trophy Travel Case provider for the league's Larry O'Brien trophy, in keeping with the Maison's slogan for its sports collaborations: 'Victory Travels in Louis Vuitton'.
The partnership with the NBA is Louis Vuitton's first partnership with a North American sports league. Louis Vuitton becomes official Trophy Travel Case provider of the Larry O'Brien Trophy, which is presented to the NBA champion each June.
Hand-crafted in Louis Vuitton's historic Asnières workshop on the outskirts of Paris, the trunk is coated in the Maison's emblematic Monogram canvas and fitted with traditional brass fixtures.
'Louis Vuitton and the NBA are both icons and leaders in their respective fields, and the joining of the two promises exciting and surprising moments, forging historic memories together,' said Louis Vuitton Chairman and CEO Michael Burke. 'Louis Vuitton has long been associated with the world's most coveted trophies, and with this iconic partnership the legacy continues - victory does indeed travel in Louis Vuitton!'
Louis Vuitton and the NBA will also work together to co-author compelling stories around one of sport's most symbolic trophies and its unique travel companion. In addition, Louis Vuitton will create an annual limited-edition capsule collection.
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LVMH - Moët Hennessy Louis Vuitton SA published this content on 24 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2020 15:24:06 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 Moët Hennessy Vuitton : January 24, 2020 Louis Vuitton announces partnership with National Basketball Association (NBA) and becomes Official Trophy Travel Case Provider