Must-Have Magazine the new monthly magazine managed by Specialists

The versatile monthly magazine for the exciting and polyhedral luxury shopping world.

MUST-HAVE magazine is the shopping guide for the most demanding clients with limitless budget; an influential voice created and managed by Specialists who work for the most important international brands, along with stylists and personal shoppers.

The luxury world becomes available to men and women, in real time, through MUST-HAVE magazine.

What to buy. When. Where. Why. NOW.

The Specialists’ experience is at the service of the most voracious and demanding clientele who will find advices and information on new trends, must-haves, but also on exotic destinations, the quintessence of design, secrets for a timeless beauty, technological innovations, where to get married and much more.

MUST-HAVE magazine is for him and her, it is a luxury to indulge with, an endless journey, but primarily it is “my guilty pleasure”.

UNIQUE SELLING POINT

MUST-HAVE magazine is the versatile monthly magazine, meaning it is an online magazine that can become a hard copy if the reader/client wants it.

MUST-HAVE magazine is not merely a new monthly magazine, it is the strategically ideal partner for the super brands, their means to reach out to the wanted target groups, their original ingredient of the Marketing Mix, an invaluable, commercial figurative showcase to create ah hoc advertising and promotional campaigns, catalogues and brochures for the High-net-worth-individuals (HNWIs).

MUST-HAVE magazine is the fashion and luxury Insiders’ voice for readers/clients who NOW demand to know and have the best on the market. They don’t want waiting lists, don’t want to hear “in six months”, they want an exclusive “now”.

 THE INSPIRATION

Catwalks, global Fashion Weeks, new trends. What we will wear.What we will buy.

We are used to browse through glossy pages that seduce us with images and concepts declined to the future.

We neither think nor speak at the present tense.

MUST-HAVE magazine is for readers/clients who want everything and now.

Who can best satisfy this need? The Specialists: multi brands shops’ sales assistants, buyers who dictate retail trends, powerful stylists and Commercial Directors who operate behind the scenes.

This is the MUST-HAVE’s inspiration. Advising the reader/client on “available now” ideas and items, giving the voice to people with true experience, the Luxe Specialists.

For additional informations www.must-havemagazine.com

FIRST ISSUE – OCTOBER 2014

 

Our Personal Shopper in Paris reveals LVHM Results

LVMH: 8% INCREASE IN REVENUE FOR THE FIRST NINE MONTHS OF 2013

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €20.7 billion for the first nine months of 2013, an increase of 4% over thecomparable period in 2012. Organic revenue grew by 8%.

The Group also recorded an 8% rise in organic revenue for the third quarter. The Wines & Spirits and Watches & Jewelry business groups both accelerated their respective growth rates when compared to the first half of 2013. The performance of the other business groups was comparable to the start of the year. Europe has shown good resilience and the US and Asia continue to record strong growth.

The Wines & Spirits business group recorded organic revenue growth of 7% for the first nine months of 2013. Champagne experienced a rebound in the third quarter, driven by strong demand in the Asian and American markets, and its prestige brands made strong progress over the period. Hennessy cognac continued its good progress with solid volume increases combined with its firm pricing policy.

The Fashion & Leather Goods business group recorded organic revenue growth of 4% for the first nine months of the year. Louis Vuitton continues to implement its strategy of very high product quality and distribution excellence. The latest creations in leather goods have been very successful. Fendi continued to focus on fur and leather goods and its third quarter was marked by the opening of stores in Paris and Milan. Céline showed excellent momentum, supported by its leather goods and shoe lines. Other brands continued their development.

The Perfumes & Cosmetics business group registered organic revenue growth of 5% for the first nine months of 2013. Parfums Christian Dior continued its growth, fuelled by the performance of its iconic products and its innovations. The continued success of J’Adore and Dior Homme and the development of Rouge Dior makeup were among the highlights of the last quarter. At Guerlain, a new campaign was devoted to the iconic fragrance Shalimar while La Petite Robe Noire celebrated its first anniversary. Fresh, Benefit and Make Up For Ever continued to record good growth, particularly in Asia where the brands are expanding their distribution.

The Watches & Jewelry business group recorded organic revenue growth of 3% for the first nine months of 2013. The performance of LVMH in both watches and jewelry remains excellent in its own stores. Among other initiatives in the third quarter, Bulgari successfully launched the new high jewelry line Diva and TAG Heuer’s new movement manufacturing facility started its operations. All brands continued to expand their store networks around the world, helping to strengthen the quality of distribution.

The Selective Retailing business group achieved organic revenue growth of 19% for the first nine months of 2013. DFS sales are growing strongly, driven by the excellent performance of its Gallerias in Macao and Hong Kong and the integration for the first time this year of the activities of its three new Hong Kong airport concessions. Sephora continues to gain market share in key regions. Same-store sales growth was particularly strong in the United States and Asia. The expansion of the distribution network continues with several openings in the last quarter. Online sales are also experiencing rapid growth in all regions.

Outlook

Despite the uncertain economic environment in Europe, LVMH remains confident for 2013. The Group will continue its proactive strategy centered on innovation and targeted geographic expansion in the most promising markets. LVMH will rely on the power of its brands and the talent of its teams to further extend, in 2013, its global leadership in the luxury market.

 

Personal Shopper in Paris announces Loro Piana joins LVMH

LVMH Moët Hennessy Louis Vuitton agreed on Monday to pay 2 billion euros  for an 80 percent stake in Loro Piana, adding a famous name to its portfolio of brands.

Under the terms of the deal, Sergio and Pier Luigi Loro Piana, the co-chief executives who are great-great-grandchildren of the cloth merchant Giacomo Loro Piana, will continue to run the company. The family will retain a 20 percent stake.

“We have a big respect for the brand and have been looking at Loro Piana for many, many years,” LVMH finance chief Jean-Jacques Guiony said during a conference call.

For generations, Loro Piana produced fabrics, gaining renown for its cashmere and fine wool. But starting in the 1990s, after making the training jackets for the Italian equestrian team at the 1992 Olympic Games in Barcelona, it began making sweaters, shawls and other luxury garments.

Some of its most sumptuous items are made with fabric of the vicuna, a South American relative of the llama that Loro Piana says it helped save from extinction.

Many famed Italian companies remain family-owned, but some have recently chosen to sell. Two years ago, LVMH bought Bulgari for about $6 billion. Kering, the parent of Gucci, agreed to buy a majority stake in the jeweler Pomellato in April.

With its goods available in more than 130 boutiques around the world, Loro Piana hopes to sell a particular way of life.

Sergio Loro Piana once described his company’s products this way: “These are not the needs of a Boston fireman, who wouldn’t wear a cashmere coat if you gave it to him, but needs that I have, that my customers have.”

From Your Personal Shopper in Switzerland: Fashion at BASELWORLD

Alongside renowned watch and jewellery manufacturers, such as Omega, Chopard, Bulgari, Rolex or Patek Philippe, a number of the world’s most well-known fashion brands will also be exhibiting in Basel and giving visitors an initial peek at their new watch and jewellery lines. For several years now, a close bond has existed between BASELWORLD, the most important watch and jewellery show globally, and the leading fashion houses with their designers. This liaison has its roots in the early 1970s when Gucci was one of the first fashion houses to introduce watches of its own.

The link between fashion trends and designs in the world of fashion, on the one hand, and accessories like watches and jewellery, on the other, is evident in a large number of brands. Examples include the GG and Bamboo motifs at Gucci or the B watch from Fendi, which constitutes the ideal match for the famous Fendi B bag. In many of the luxury goods companies, including Hermès, Dior and Chanel, a constant flow of design and material-based inspirations takes place in both directions between the watch and jewellery collections and the company’s remaining lines, with the result that they influence and complement each other in the ideal manner. A large number of the watches unveiled here captivate visitors with their accomplished French or Italian design and their perfected art of Swiss watchmaking.

While many of the collections shown at BASELWORLD reflect the major fashion trends and currents from the international catwalks, an influence in the opposite direction is also repeatedly in evidence. Yellow and rose gold have featured frequently at BASELWORLD over the past few years and are now being taken up by the big fashion house collections too. The wider fashion and design trends have similarly been influenced by the use of ceramics, titanium and PVD, as well as by the pavé technique for setting diamonds and the use of coloured stones.

Over the years, a large number of icons from the fashion world have been guests at BASELWORLD, including Vivienne Westwood and Diane von Fürstenberg. And this year once again, brilliant new designs and impressive creations from the most successful watch and jewellery brands and the biggest fashion houses will be enticing people to Basel.

From Your Personal Shopper in Paris: Excellent performance for LVMH in 2012

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011. This includes the integration of Bulgari as of June 30, 2011. Organic revenue growth was 9%. All business groups saw excellent momentum in Europe, Asia and the United States. Louis Vuitton, in particular, once again recorded double-digit revenue growth during the year.

Revenue increased by 12% in the fourth quarter, compared to the same period in 2011, with organic revenue growth of 8%. The last quarter saw a modest increase in growth compared to the third quarter of 2012.

Profit from recurring operations increased by 13% to €5 921 million, a performance which is even more remarkable when compared to the strong growth in 2011. Current operating margin was 21% in 2012. Group share of net profit was €3 424 million, an increase of 12% compared to 2011.

Bernard Arnault, Chairman and CEO of LVMH, said: “2012 was another remarkable year for LVMH, especially in the context of the economic slowdown in Europe. All of our businesses demonstrated excellent momentum driven by innovation and the quality of their products, thereby strengthening their positions in traditional markets while continuing to develop in new ones. Looking beyond the appeal of our brands, it is the talent of our teams and their motivation that enables us to so effectively execute our strategy. In 2013, LVMH intends to further strengthen its global leadership position in high quality products by relying on its sound, long-term strategy.”

Wines & Spirits: strong growth in vintages and prestige qualities

The Wines & Spirits business group recorded organic revenue growth of 11%. Profit from recurring operations increased by 14%. Continuing the favorable trend for the wines and spirits market in 2011, demand remained strong in 2012. In addition to volume growth, improved product mix and a policy of adjusted price contributed to this excellent performance. Champagne recorded a strong performance in its rosé and prestige vintages. Sparkling and still wines from Estates & Wines experienced strong new growth. Hennessy cognac saw a very good year for all its qualities and in all regions. Belvedere vodka enjoyed good momentum outside the U.S. while the single malt whiskeys Glenmorangie and Ardbeg recorded rapid increases in their key markets. All maisons in this business group thus benefit fully from their value enhancing strategy, based on the image of their brands and the strength of their distribution network.

Fashion & Leather Goods: excellent performance from Louis Vuitton and other brands

The Fashion & Leather Goods business group recorded organic revenue growth of 7% in 2012. Profit from recurring operations increased by 6%. Louis Vuitton, which had another record year, increased its lead over other artisanal brands of leather goods. With double-digit revenue growth, Louis Vuitton maintained its historic strategy based on the extraordinary quality of its products and its excellent distribution. The Maison continues to record an exceptional level of profitability in a context of sustained investment dedicated to strengthening its savoir-faire. The opening of its first dedicated jewelry boutique complete with its first Haute Joaillerie workshop at Place Vendôme in Paris and the reopening of the Maison Louis Vuitton in Shanghai are among the highlights of the year. Fendi continued the qualitative expansion of its distribution network. Its iconic handbag Baguette experienced a record year on its 15th anniversary. As the brand continues to strengthen its identity, Céline showed excellent performance in all its products and in all geographic areas. The performance of the other fashion brands continued to improve.

Perfumes & Cosmetics: excellent momentum

The Perfumes & Cosmetics business group recorded organic revenue growth of 8%. Profit from recurring operations increased by 17%. Parfums Christian Dior saw excellent performance driven by the strength of flagship lines, notably Miss Dior and J’adore. Dior Addict Lipstick confirmed its leadership position in its main markets and the skin care line Prestige continued its sustained growth. Guerlain continued to see strong growth momentum attributed notably to the performance of its new fragrance La Petite Robe Noire. Parfums Givenchy saw strong growth in its makeup line due to broader distribution and the success of its mascara Noir Couture. Benefit, Make Up For Ever and Fresh continued their strong growth.

Watches & Jewelry: strong progress in iconic lines and development of industrial capacity

The Watches & Jewelry business group recorded organic revenue growth of 6% in 2012. Profit from recurring operations rose 26% notably due the performance of Bulgari, consolidated as of 30 June 2011. LVMH watch brands experienced good momentum supported by many innovations and the excellent performance of their iconic models Carrera by TAG Heuer, King Power by Hublot and El Primero by Zenith. In Jewelry, Bulgari confirmed the success of its Serpenti and B.Zerol collections, enriched by new creations, and reinforced the quality of its distribution. Chaumet and Fred continue to develop their star collections.

Selective Retailing: rapid growth thanks to its innovative product and service offering

The Selective Retailing business group recorded organic revenue growth of 14% in 2012. Profit from recurring operations increased by 19%. Due to its strong commitment to the quality of its stores, DFS benefitted from momentum among Asian customers. Three major concessions were won in 2012 at Hong Kong Airport and the concession at Los Angeles Airport was renewed. The opening in Hong Kong of a third Galleria is also a key highlight of the year. Sephora continued to achieve an excellent level of performance and made market share gains across all its regions. Online revenue is growing strongly. In Europe, new stores opened for the first time in Denmark and Sweden. In the United States, the renovation of several flagship stores in New York strengthened the appeal of the brand. Sephora continued its expansion in China while accelerating the renovation of its existing network. Its first stores were opened in the high potential markets of Brazil and India.

Favorable outlook for LVMH in 2013

Despite an uncertain economic environment in Europe, LVMH is well-equipped to continue its growth momentum across all business groups in 2013. The Group will maintain a strategy focused on developing its brands by continuing to build up its savoir-faire, as well as through strong innovation and expansion in fast growing markets.

Driven by the agility of its organization, the balance of its different businesses and geographic diversity, LVMH enters 2013 with confidence and has, once again, set an objective of increasing its global leadership position in luxury goods.

From Your Personal Shopper in Lugano: an Exclusive Shopping Day in Via Nassa

Lugano lies in a bay on the northern side of Lake Lugano, surrounded by numerous mountains offering splendid viewpoints. The traffic-free historic town centre, the numerous buildings in Italianate Lombardy style, the exclusive museums, the mountains, lake and a packed calendar of events all invite visitors to see the sights, soak up the atmosphere – and enjoy “dolce far niente”.  The town centre with its Mediterranean-style squares and arcades, and numerous parks with sub-tropical plants such as the Parco Civico on the shores of the lake invite you to laze around, enjoying the atmosphere.

In Lugano there are all kinds of shops and department stores in which you can find almost anything.

Via Nassa is one of Lugano’s historical streets – its particular and sophisticated shops will accompany you in your shopping. Under the 270 meter long, ancient city porticoes on the lakeshore, there are many different kinds of shops: jewellery, clothing, gastronomy and antique shops are just some of the many, without forgetting a few department stores as well. Via Nassa, Lugano’s number one shopping destination, accompanies you during your shopping outings with its elegant and sophisticated atmosphere.

Via Nassa offers a fantastic range of shops from famous fashion designers’ boutiques to delicatessens and bakeries. Some of the luxury brands you can find here are Hermes, Versace,  Gucci, Issey Miyake, Armani, Louis Vuitton, Cartier and Bulgari.

For Luxury Watches and Jewelry, the most important are Bucherer and Les Ambassadeurs.

LES AMBASSADEURS

It prides itself on its unique choice of some of the most exclusive watch and jewellery brands from around the world combined with a high level of expertise among their employees.

Here is a selection of the featured brands at LES AMBASSADEURS: Audemars Piguet, Breguet, Blancpain, Breitling, Cartier, Girard-Perregaux, Greubel Forsey, IWC, Urwerk, Ulysee Nardin and Jaeger LeCoultre.

BUCHERER

Shopping at Bucherer with it’s famous Rolex collection is as logical an extension of any stroll through the city’s shady lanes as is sipping a cappuccino in a small sidewalk café.

Carl-Friedrich Bucherer opened his first watch store in 1888 in Lucerne and laid the foundation for a successful family business which has extended to a 3rd generation. Today, Bucherer is one of the leading watch and jewellery retailers in Switzerland with over 1100 employees.

As watch and jewellery specialists, Bucherer stocks exclusive world-class brand names such as Rolex, Carl F. Bucherer, Chopard, Piaget, IWC, Audemars Piguet, Girard-Perregaux, TAG Heuer, Tudor, Baume & Mercier, Longines, Rado, Hublot and Gucci

From Your Personal Shopper in Paris: LVMH, 22% increase in revenue for the first nine months of 2012

LVMH Moët Hennessy Louis Vuitton,  recorded revenue of €19.9 billion for the first nine months of 2012, an increase of 22% on the comparable period in 2011. After taking into account the consolidation of Bulgari, as of 30 June 2011, and a positive currency impact, organic revenue grew by 10%.

The Group recorded a 15% rise in revenue for the third quarter. Organic revenue growth was 6%, a solid result in the current economic environment, particularly when compared to the strong performance in the same period of 2011. The US market continued to demonstrate momentum. In spite of a challenging economic environment, Europe and Asia also contributed to the third quarter performance. Louis Vuitton continues to gain market share throughout the world.

The Wines & Spirits business group recorded organic revenue growth of 12% for the first nine months of 2012. The Group’s champagne brands achieved a sustained increase in volume over the period. An improvement in product mix and the price increases announced at the start of the year also contributed to the progress made by the Champagne business. All geographic regions recorded increases with particularly strong advances in emerging markets. The Wine business benefitted from the rapid development of sparkling wines. Hennessy cognac continued to see strong momentum across all categories.

The Fashion & Leather Goods business group recorded organic revenue growth of 8% for the first nine months of the year. Louis Vuitton reported a double-digit rise in revenue, driven by the powerful appeal of its products and the unique experience offered to all clients at its stores, and further reinforcing its advance on the global market. The Shanghai opening of the first Maison Louis Vuitton in China and the launch of a number of collections in collaboration with the artist Yayoi Kusama marked some of the high points of the quarter. Celine achieved remarkably strong performance across all its markets and product ranges. Fendi undertook a targeted expansion of its distribution network. All other fashion brands continued to show improved performance.

The Perfumes & Cosmetics business group registered organic revenue growth of 8% for the first nine months of 2012. Christian Dior continued to show strong momentum underpinned by the growth of its iconic perfumes and the relaunch of Dior Addict, backed by a new publicity campaign. The makeup and skincare segments also contributed to the strong performance thanks to the Prestige range and the new Diorskin Nude products. Guerlain benefitted from the successful launch of La Petite Robe Noire and solid progress with its Orchidée Impériale skincare products. Givenchy benefitted from broadened distribution of its makeup range. Benefit continues to achieve strong growth thanks to its They’re Real mascara. Fresh opened its first store in the Chinese market.

The Watches & Jewelry business group recorded organic revenue growth of 7% for the first nine months of 2012. LVMH’s watch brands made further progress driven by their iconic ranges and innovation. The launch of TAG Heuer’s new Link Lady and Zenith’s Pilot range were among the highlights for the quarter. In Jewelry, the success of Bulgari’s Serpenti and B.Zero1 collections was confirmed as the brand pursued a very selective distribution strategy. Chaumet and Fred delivered good performance in their own boutiques.

The Selective Retailing business group achieved organic revenue growth of 14% for the first nine months of 2012. DFS continued to expand its presence in Hong Kong with the opening of its third Galleria in the city centre and establishing three new concessions at the airport which will be operational at the year-end. Sephora produced a remarkably strong performance, winning market share across all regions of the world. Its growth momentum remains strong with, notably, significant progress being made in China and Russia and the considerable success of its first store opening in Brazil. On-line sales in France and the United States saw particularly strong gains.

Outlook

Despite the background of an economic slowdown in Europe, LVMH remains confident in its outlook for 2012. The Group will continue to pursue its proactive strategy centered on innovation and targeted geographic expansion in the most promising markets. LVMH will rely on the power of its brands and the talent of its teams to further extend, in 2012, its global leadership position in luxury products.

FROM YOUR PERSONAL SHOPPER IN LONDON: VIRTUTI, DESIGN, INNOVATION AND CLASSIC STYLE

Virtuti specialises in jewellery of the highest quality. The exclusive pieces represent the best design innovations in a classic style, yet with a distinctly modern influence. They are transformable, limited editions featuring exquisite gemstones and pearls. By using the finest craftsmanship and materials, Virtuti creates collections of perfect sophistication and elegance.

The bespoke jewellery has a special feature: a magic, positive message engraved on the back, for example: health, prosperity, love, inspiration, creativity, success and luck. A special message can also be chosen on Bespoke items.

Katerina Virtuti is a creator and designer of the jewellery brand “Virtuti”, which specialises in bespoke high-end jewellery. Prior to starting the brand, Katerina spent 10 years with some of the best International Jewellery 
Brands such as Van Cleef and Arpels and Bulgari.

FROM YOUR PERSONAL SHOPPER IN PARIS: VAN CLEEF & ARPELS, BIRDS OF PARADISE, NATURE MEETS CRAFT IN JEWELRY

Van Cleef & Arpels is pleased to announce the new “Birds of Paradise” collection.  A symbol of fleeting beauty, the bird of paradise evokes the poetic rhythms and ever-changing elements in Nature that have long been an inspiration for Van Cleef & Arpels.  Precious stones in elaborate formations and colors capture the bird’s plumage, while delicate swirls and arabesques illustrate its graceful movements. Each piece conjures the bird’s delicate form, from the curves of its feathers to its enchanting dance.  The broad collection encapsulates intricacies of these creatures both literally and figuratively.
Enveloped in myth and mystery, the enigmatic bird of paradise has fascinated mankind since first discovered in the Pacific Islands.

A diamond bird motif, with a twist of a tail forming a ring, or a bird flying from a necklace of sky blue chalcedony beads, expressed the sweet side. But Van Cleef’s love bird clip, nestling in a turquoise necklace, showed the more vibrant spirit while earrings in contrasting stones underscored the fashion for mix-and-match.

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From your Personal Shopper in Paris: a “Vintage” Year for LVMH Group

French luxury goods giant LVMH said it had enjoyed a banner year in 2011 with net profits above three billion euros despite the uncertain global economy.

“2011 was another great vintage for LVMH,” group CEO Bernard Arnault said in a statement.

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded a 16% increase in revenue reaching 23.7 billion Euros in 2011.

This includes the integration of Bulgari as of 30 June 2011. Organic revenue growth was 14%. All business groups saw excellent momentum in Europe, Asia and the United States. Louis Vuitton, in particular, once again recorded double-digit revenue growth during the year.
Revenue increased by 20% in the fourth quarter with organic growth of 12%. This performance is in line with the favourable trends observed since the beginning of the year, and compares to the fourth quarter of 2010 which also grew.
Group share of net profit was 3 065 million Euros, an increase of 1% compared to 2010 which included a non-recurrent financial gain. Excluding this gain, the growth in Group share of net profit would have been 34%.
Bernard Arnault, Chairman and CEO of LVMH, said: “2011 was another great vintage for LVMH, highlighting once again the power of our brands, the excellence of our craftsmanship and the appeal of our products. Our businesses enjoyed excellent momentum and profit from recurring operations passed the threshold of €5 billion for the first time. The agreement with the Bulgari family was one of the key moments of the year. In 2012, LVMH intends to further strengthen its global leadership position in high quality products by relying on its sound, long-term strategy.”

The LVMH name owns, among others, the brands of Louis Vuitton, Givenchy, Hennessy, Moet & Chandon and Dom Perignon champagnes and Sephora perfume stores.

Arnault said the group was confident of a good year in 2012. “Despite an uncertain economic environment in Europe, LVMH is well-equipped to continue its growth momentum across all business groups in 2012,” he said. “LVMH enters 2012 with confidence and has, once again, set an objective of increasing its global leadership position in luxury goods.”