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Luxury Leader LVMH to Be a Main Sponsor of NYC’s 2009 Summer Streets
Monday, June 29, 2009 12:42 PM


Supports Mayor Bloomberg’s and DOT’s Efforts to Promote Greener, Greater NYC

Prototypes of Winning Designs in LVMH-Sponsored “Bike in Style” Competition to be Unveiled When Summer Streets Begins in August

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods company, announced today that it will be a main sponsor of New York City’s upcoming 2009 Summer Streets event. The announcement was made at a press conference held by New York City’s Mayor Michael R. Bloomberg and Department of Transportation (DOT) Commissioner Janette Sadik-Khan this morning in McCarren Park in Brooklyn.

Debuted last year, Summer Streets closes a 6.9-mile route from the Brooklyn Bridge to Central Park to cars for people to run, bike, walk and take part in activities on three Saturday mornings in August – the 8th, 15th and 22nd. In conjunction with the beginning of Summer Streets, LVMH will unveil prototypes of the biking apparel designs created by the recently announced winner of its “Bike in Style” Challenge, Fashion Institute of Technology (FIT) student Jessica Velasquez.

“We could not be more proud to support Summer Streets, an event which makes the City a healthier and even better place to live in for all New Yorkers,” said LVMH Inc. Chairman Renaud Dutreil. “To us at LVMH, New York is more than a world capital for fashion and creation; it is a pioneer in promoting innovative, eco-friendly initiatives that improve the quality of life for all citizens. Summer Streets is an outstanding opportunity to rediscover the energy and beauty of this great City and also how good and healthy it feels to ride one’s bike.”

The “Bike in Style” Challenge

LVMH Inc. in North America, working with the Mayor’s Fund to Advance New York City, the DOT and FIT, created the Bike in Style Challenge earlier this year asking student designers from FIT to create stylish, practical and affordable bike clothing and gear that New Yorkers would proudly wear in bicycle-commuting to work. The DKNY division of LVMH-owned Donna Karan International (DKI) mentored the FIT students and is developing the prototypes of the winning designs.

Mr. Dutreil added, “At LVMH, we do not see luxury in terms of products. We believe that luxury is a lifestyle that should be cultivated, even in tough economic times.



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