Almost all the nets were obtained locally within Mwea division from shops and kiosks.
The enterprise division develops shopping websites for retailers including Ikea but this month one of its biggest clients, Toys R Us, said it would take its e-commerce operations in-house in 2016.
Jack Wall, born in Phoenixville, Pennsylvania, earned a degree in civil engineering from Drexel University in Philadelphia, Pennsylvania, and began a career "planning out sub-divisions and shopping malls".
The Duty Free Shops division returned to "slight" profitability in 2003, the LVMH news release said, as tourism rebounded worldwide.
Selling its betting shops division, which trades as Stanleybet, would still leave Stanley with its casino arm, including London's Crockfords and the Colony Club as well as 37 sites in Bristol, Liverpool, Birmingham and other cities.
A year later they bought the home-shopping division of GUS for £590 million.
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The online shopping division M&S Direct saw sales shoot up by 49% in the quarter, and international sales were up 6.2%, though trading conditions remain difficult in Ireland and Greece.
Gala's Coral betting shop division - now the largest profit contributor in the group - helped mitigate the gloom, showing a 21% rise in ebitda, to £194m.
Last week, Apple hired Angela Ahrendts, the respected boss of the British fashion label Burberry, to head up its high street and online shop division.
