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This excerpt taken from the LUX 20-F filed Jun 25, 2009. Goodwill — Goodwill represents the excess of the
purchase price (including acquisition-related expenses) over the value assigned
to the net tangible and identifiable intangible assets acquired. The Company’s
goodwill is tested annually for impairment as of December 31 of each year
in accordance with SFAS No. 142, Goodwill
and Other Intangible Assets (“SFAS 142”). Additional impairment
tests are performed if, for any reason, the Company believes that an event has
occurred that may impair goodwill. Such tests are performed at the reporting
unit level which consists of four units, Wholesale, Retail North America,
Retail Asia Pacific and Retail Other, as required by the provisions of SFAS
142. For the fiscal years 2008, 2007, and 2006 the Company did not recognize
any goodwill impairment charge.
This excerpt taken from the LUX 6-K filed May 12, 2009. Goodwill. Goodwill represents the excess of the
purchase price (including acquisition-related expenses) over the value assigned
to the net tangible and identifiable intangible assets acquired. The Company’s
goodwill is tested annually for impairment as of December 31 of each year
in accordance with SFAS No. 142, Goodwill
and Other Intangible Assets (“SFAS 142”). Additional impairment
tests are performed if, for any reason, the Company believes that an event has
occurred that may impair goodwill. Such tests are performed at the reporting
unit level which consists of four units, Wholesale, Retail North America,
Retail Asia Pacific and Retail Other, as required by the provisions of SFAS
142. For the fiscal years 2008, 2007, and 2006 the Company did not recognize
any goodwill impairment charge.
This excerpt taken from the LUX 20-F filed Jun 26, 2008. Goodwill – Goodwill
represents the excess of the purchase price (including acquisition-related
expenses) over the value assigned to the net tangible and identifiable
intangible assets acquired. The Company’s goodwill is tested annually for impairment as of December 31
of each year in accordance with SFAS No. 142, Goodwill and Other Intangible Assets (“SFAS 142”).
Additional impairment tests are performed if, for any reason, the Company
believes that an event has occurred that may impair goodwill. Such tests are
performed at the reporting unit level which consists of four units, Wholesale,
Retail North America, Retail Asia Pacific and Retail Other, as required by the
provisions of SFAS 142. For the fiscal years 2007, 2006 and 2005 the Company
has not recorded a goodwill impairment charge.
This excerpt taken from the LUX 6-K filed Jun 4, 2008. Goodwill.
Goodwill represents the excess of the purchase price (including
acquisition-related expenses) over the value assigned to the net tangible and
identifiable intangible assets acquired. The Company’s goodwill is tested
annually for impairment as of December 31 of each year in accordance with
SFAS No. 142, Goodwill and Other Intangible Assets (“SFAS 142”).
Additional impairment tests are performed if, for any reason, the Company
believes that an event has occurred that may impair goodwill. Such tests are
performed at the reporting unit level which consists of four units, Wholesale,
Retail North America, Retail Asia Pacific and Retail Other, as required by the
provisions of SFAS 142. For the fiscal years 2007, 2006 and 2005 the Company
has not recorded a goodwill impairment charge.
This excerpt taken from the LUX 20-F filed Jun 29, 2007. Goodwill – Goodwill represents the excess
of the purchase price (including acquisition-related expenses) over the value
assigned to the net tangible and identifiable intangible assets acquired. The Company’s
goodwill is tested annually for impairment as of December 31 of each year in
accordance with SFAS No. 142, Goodwill and
Other Intangible Assets (“SFAS 142”). Additional impairment tests
are performed if, for any reason, the Company believes that an event has
occurred that may impair goodwill. Such tests are performed at the reporting
unit level which consists of two units, Wholesale and Retail, as required by
the provisions of SFAS 142. For the years ended December 31, 2004, 2005 and
2006, the result of this process was the determination that the carrying value
of each reporting unit of the Company was not impaired and, as a result, the
Company has not recorded a goodwill impairment charge in such years.
This excerpt taken from the LUX 6-K filed May 25, 2007. Goodwill
- Goodwill represents the excess of the purchase price (including acquisition-related
expenses) over the value assigned to the net tangible and identifiable
intangible assets acquired. The Company’s goodwill is tested annually for
impairment as of December 31 of each year in accordance with SFAS no. 142,
Goodwill and Other Intangible Assets (“SFAS 142”). Additional impairment tests
are performed if, for any reason, the Company believes that an event has
occurred that may impair goodwill. Such tests are performed at the reporting
unit level which consists of two units, Wholesale and Retail, as required by
the provisions of SFAS 142. For the years ended December 31, 2004,
2005 and 2006, the result of this process was the determination that the carrying value of each reporting unit of the Company was not impaired and, as a result, the Company has not recorded a goodwill impairment charge in such years. This excerpt taken from the LUX 20-F filed Jun 28, 2006. Goodwill—Goodwill represents the excess of the purchase
price (including acquisition-related expenses) over the value assigned to
the net tangible and identifiable intangible assets acquired. The Company’s
goodwill is tested annually for impairment as of December 31 of each year
in accordance with SFAS No. 142, Goodwill
and Other Intangible Assets (“SFAS 142”).
Additional impairment tests are performed if, for any reason, the Company
believes that an event has occurred that may impair goodwill. Such tests are
performed at the reporting unit level which consists of two units, Wholesale
and Retail, as required by the provisions of SFAS 142. For the years ended
December 31, 2003, 2004 and 2005, the result of this process was the
determination that the carrying value of each reporting unit of the Company was
not impaired and, as a result, the Company has not recorded a goodwill
impairment charge.
This excerpt taken from the LUX 20-F filed Jun 29, 2005. Goodwill—Goodwill
represents the excess of the purchase price (including acquisition-related
expenses) over the value assigned to the net tangible and identifiable
intangible assets acquired. The Company’s goodwill is tested for impairment as
of December 31st of each year and, in November 2002, in connection
with the announcement of the termination of the license agreement for the
production and distribution of the Giorgio Armani and Emporio Armani
collections. Such tests are performed at reporting unit level which consists of
two units, Wholesale and Retail, as required by the provisions of SFAS No.142, Goodwill and Other Intangible Assets. For the years ended December 31,
2002, 2003 and 2004, the result of this process was the determination that the
carrying value of each reporting unit of the Company was not impaired and, as a
result, the Company has not recorded a goodwill impairment charge.
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