1 2

and confirmed its appeal amid the increase in customer

traffic driven by travelers from Asia. As part of its

digital strategy, DFS launched a new customer loyalty

program called DFS Circle.

Le Bon Marché, in addition to its highly loyal Parisian

clientele, saw an influx of customers from elsewhere in

France and international visitors. The department

store’s revenue reached a record high. The year saw

the opening of a new jewelry department, strong

growth in the beauty department and the expansion

of its range of responsible and sustainable products

across all categories. L’Institut, its exclusive beauty and

wellness center opened in 2022, turned in a very strong

performance. Business was spurred by a rich array of

events. The highlight of the beginning of the year was

the Sangam exhibition by Indian artist Subodh Gupta.

The Au Bonheur des Dames immersive theater perform-

ance, which played to a full house for months in a

row, was extended until the end of April. To celebrate

the 10th anniversary of its founding, French fashion

brand Sézane – the department store’s guest of

honor – offered an exclusive pop-up collection as part

of the Les Bons Marchés de l’Été exhibition. Starting in

September, Le Bon Marché welcomed Rossy de Palma

and her colorful world for the Olé Olé Le Bon Marché

exhibition. After nightfall, the store was the stage for

an exclusive new show entitled Entre Chiens et Louves,

co-produced with circus troupe Cirque Le Roux, featuring

a masterfully poetic blend of art, theater, dance and

circus performance. In a resounding tribute to French

cuisine, culinary expertise and authentic, local products,

La Grande Épicerie de Paris celebrated its 100th anni-

versary with a flurry of creative collaborations and an

eye-catching program of events.

In December, LVMH announced it had entered into a

strategic agreement for the sale of its majority stake

in Cruise Line Holdings Co. (the holding company for

the Starboard & Onboard Cruise Services business).

LVMH remains a substantial minority shareholder in this

new company.

1. 2. Le Bon Marché

3. Sephora