Christian Dior SA is a France-based holding company that specializes in the production and distribution of consumer goods. The Company has six principal product lines: haute couture, which is marketed under the Christian Dior brand; wines and spirits, including the Moet&Chandon, Veuve Clicquot and Hennessy brands; fashion and leather goods, comprising the Louis Vuitton, Fendi, Celine and Givenchy brands; perfumes and cosmetics, including the Guerlain, Kenzo and Christian Dior brands; watches and jewelry, comprising the TAG Heuer, Chaumet and Zenith brands, and selective retailing, such as the Sephora, DFS and Le Bon Marche brands. Christian Dior SA operates through three companies: Christian Dior Couture (100%-owned), Financiere Jean Goujon (100%-owned) and LVMH (42,4%-owned). The Company markets and distributes its products through the Company-owned shops and licensed distributors in Europe, the United States, Japan and Asia Pacific.