Kering and the Cannes Film Festival will present the 2022 Women in Motion Prize to Viola Davis – 09/05/2022 at 15:25

(AOF) – Francois-Henri Pinault, Chairman and CEO of Kering, Pierre Lescure, President of the Cannes Film Festival, and Terry Frémaux, General Delegate of the Cannes Film Festival, will present American actress Viola Davis with the 2022 Women in Motion Prize at the Women In Motion Gala Dinner The official event will be held on Sunday, May 22, 2022 in Cannes.

Viola Davis, known worldwide for her roles and associations, is one of the most influential American actresses and producers of her era. His talent, hard work, selection and interpretation of his roles earned him the greatest rewards. Viola Davis is one of the few Hollywood personalities to have already received a Golden Globe, a BAFTA, and four SAG Awards, as well as what is known in Hollywood as the Triple Crown of Acting: two Tonys, an Oscar, and an Emmy, for his film roles in, respectively, The plays of King Hedley II, Fences and the wonderful adaptation of the last film, as well as in the Murder series, remembers Kering.

This award also makes her the first and only African American actress to receive multiple nominations and awards for her roles in stage, television, and film.

A passionate activist, Viola Davis has spoken regularly to advocate for inclusion in the film industry and the fight for gender equality. In January 2018, the actress participated in the Women’s March alongside thousands of anonymous female politicians, film women and feminist activists.

The star also deplored the blatant lack of diversity in cinematic bodies, whether for instance in mid-production, writing, or direction, which remains a very strong brake.

In addition to her fight for women and minorities, Viola Davis also fights the effects of poverty, particularly through her commitment since 2014 to the campaign against undernutrition, Hunger Him or the No Hungry Kids association of which she is a member. Since the year 2020.

So many commitments and accomplishments that Kering and the Cannes Film Festival would like to salute her with the Women In Motion Award. Since its launch in 2015, the program has rewarded and highlighted the creativity and uniqueness of women who, through their work, contribute to the arts and culture in transforming our view of the world.

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– luxury collection born in 1963, owner of the brands Bottega Veneta, Gucci and Yves Saint Laurent;

– €17.6 billion in sales generated 44% in Asia Pacific, 26% in North America and 23% in Europe%;

– Modèle d’affaires de « pure player » du luxe, fondé sur une croissance supérieure à celle des marchés, sur l’autonomie créative des Maisons, la mutualisation des fonction supports et les expertises transverses et la transformatione digitale au service de la distribution et clients;

– the controlling share capital of 41.74% (58.44% of the voting rights) by Aremis holdings from the founding family, François-Henri Pinault as President and CEO of the 13-member Board of Directors and Jean-François Balus as Deputy General Manager;

Good balance sheet, with net debt of 168 million euros against 13.7 billion euros in equity, which was boosted in January by the sale of watchmaking activities.

Challenges

Innovation strategy on 3 pillars: new business models, new materials and support functions / investment in companies with innovative business models, such as Vestiaire Collective, MIL Laboratories for sustainable alternatives in jewelry and textiles, resort to blockchain for counterfeiting, etc. / Strong serving logistics infrastructure Customer Experience: Luce on product availability, data-driven virtual rendering, location uptake, etc. / Growth in e-commerce (15% of sales in 2021);

– Environmental Strategy 2025 “Caring for the Planet”, contained in the Environmental Income Statement: use resources in accordance with “planetary limits” and reduce group CO2 emissions by 50% / Act on chain environmental impacts (CO2 emissions, water consumption, pollution Air, water, waste production and land use) Create a Supplier Sustainability Index and raise the traceability of animal welfare, using chemicals Promote “Sustainable Design” Create a Material Innovation Lab (MIL) dedicated to watches and jewelry after fabrics and textiles Complete offsetting CO2 emissions carbon) for biodiversity.

Challenges

– Strong dependence on Gucci, the number one contributor to revenue and the most profitable brand;

– Growth acceleration of YSL and Bottega Venetta and Gucci’s resistance to sequestration in China;

– Impact of the Russo-Ukrainian war: very weak with the closure of 2 stores and 4 pillars;

– 2021 dividend of 12 euros with a deposit.

Downtown stores: An alarming drop in footfall

Between 2013 and 2021, footfall in stores in city centers fell by nearly 40%. This decrease amounted to 29.4% for shopping centers during the same period. Procos stresses that this movement is caused in particular by the proliferation of supply and the development of e-commerce. Small town centers and mega malls are the most flexible. The former responds to local needs and the latter exerts traction on a regional scale. With the Assises du Commerce in December 2021, the government launched three weeks of reflection to define Vision 2030 and support the investments needed for digital and environmental transformations.

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