Travel Retail

to 5 years, sales took off in India does not. L'Occitane has decided to accelerate development in India by opening its own stores, with a management L'Occitane. Hence the arrival of the French skipper, who plans to open in the next twenty years of retail outlets across the country. The other ingredient in the success of L'Occitane: positioning. More than his rivals on the market for care and perfume, the brand has indeed focused on quality and naturalness. High concentrations of essential oils, often

européen Acteur majeur en Europe de la Restauration sous contrat et des services associés, Elior (fr) occupe des positions de premier plan en Restauration Collective et Facilities Management d'une part, et en Restauration de Concession et Travel Retail d'autre part. Ses 67 500 collaborateurs servent chaque jour 2,9 millions de clients dans près de 14 000 restaurants et points de vente implantés dans 15 pays. Deux activités, six secteurs : • de l’entreprise et de l’administration, • de l’enseignement

de marché et ont une connaissance des goûts et des comportements d’achats locaux. Les magasins indépendants multimarques restent encore aujourd’hui l’une des principales formes de distribution dans certains corps de métiers du luxe. Enfin, le travel retail et le duty free sont des boutiques implantées dans les lieux de passage ou de concentration des voyageurs (aéroports, gares). Cette forme de distribution se répand de plus en plus dans le secteur du luxe. La distribution des produits se fait

incurred when a customer switches to a different type of product or service. It also involves: • Product-for-product substitution (email for mail, fax); is based on the substitution of need; • Generic substitution (Video suppliers compete with travel companies); • Substitution that relates to something that people can do without (cigarettes, alcohol). Force 4: Buyer Power Buyer power is one of the two horizontal forces that influence the appropriation of the value created by an industry

Bijoux |TAG Heuer, Ebel, Zénith, Chaumet, Fred, | | | |Omas, De Beers LV | |Distribution sélective |Travel retail, Distribution sélective |DFS, Miami Cruiseline, Sephora, Bon | | |spécialisée |Marché, Samaritaine | Parmi les 5 domaines d’activités stratégiques

to adjust invoice order form mailing postage trade fair = exhibition to be on display yield a takeover bid premises to attend a course to merge a commitment a board meeting fees, expenses, cost to file a claim a lawyer = an attorney a law suit a retailer opening to skyrocket, go through the roof congrès séminaire atelier conférence, séances plenière publicité publicité télé brevet propriété industrielle promotion voiture de société siège social succursale OPA, reprise entreprise installations de

requirement of infrastructure development in Muslim countries there has been a large number of project finance deals particularly in the Middle East region. Islamic banks now participate in a wide financing domain stretching from simple Shariah-compliant retail products to highly complex structured finance and large-scale project lending. These projects, inter alia, include power stations, water plants, roads, bridges and other infrastructure projects. Bahrain is the leading centre for Islamic finance in

10, 1 CHENG- HSUI CHEN A, (2001), Using free association to examine the relationship between the characteristics of brand associations on brand equity, Journal of product and brand management, 10, 7 CHO MH, (2004), the influence of sign value on travel- related information search, Leisure sciences, 26 CROSBY LA, TAYLOR JR, (1983), psychological commitment and its effects on post- decision evaluation and preference stability among voters, journal of consumer research, 9, March DAY E, STAFFORD MR

Finances Christopher de Lapuente Christophe Navarre Daniel Piette Pierre-Yves Roussel Sephora Vins et Spiritueux Fonds d’investissement Mode Philippe Schaus Francesco Trapani* Jean-Baptiste Voisin Mark Weber Travel retail Montres et Joaillerie Stratégie Donna Karan, LVMH Inc. er * Jusqu’au 1 mars 2014. Secrétariat général Marc-Antoine Jamet CONSEIL D’ADMINISTRATION Bernard Arnault Président-Directeur Général Pierre Godé Vice-Président

were essential) In the 16th century a change took place due to a raise in demography which resulted in an increase in trade between cities. The pb with coastal shipping was that it was too slow this encouraged transport by road and pple became to travel by coaches and horses. Howeer the roads were badly maintained and consequently this slowed down the coaches and was very unconfortable. To react to this bad state of the roads the turnpike trust(association de péage)began in 1730’s and pple organized