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LVMH

Indya ROUX-JAILLETTE

Created on October 14, 2021

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Transcript

Luxury's worldwide leader

Student: Indya ROUX-JAILLETTE

Introduction 1. Company overview and culture2. Company organization 3. Skills sought and recruitment process 4. International opportunities 5. Future of the company Conclusion

00

Introduction

- Current topic : FW in September in Paris- I'm interested by the luxury + fashion world

01

Company overview and culture

  • 1987: Alain Chevalier and Henry Racamier announced the union of their groups -> LVMH
  • World leader in luxury + only actor present in 5 luxury sectors

Headed by Bernard Arnault since 1989

Values : creativity and novelty, excellence, cultivate team spirit, commit to a positive impact

"Le futur de la tradition"

LVMH's slogan

Design : Europe or United States ≠ Countries with cheap labor-> High cost of production = high prices but good quality

02

Company organization

Family business:-> Bernard Arnault = chairman and CEO -> Antoine Arnault : director of Bertuli -> Delphine Arnault : députy CEO of LV

Board of directords = increase the value of the company + defend corporate interests Strategy : acquisition (buying other companies and creating synergies -> improve turnover)

2017 : Fashion and Leather goods = biggest turnover with 31.7%Wines and spirits : 30,6% Watches and jewelry : 13,5%

03

Skills sought and recruitment process

They employ 150,000 ppl worlwide-> Diversity -> Average age : 33 -> 172 nationalities -> Promote gender equality

-> Strive for excellence-> Strategic -> Enterprising -> Daring -> Creative

Work-study programs = Institut des Métiers d'Excellence

04

International opportunities

1350 stores in Europe = 16%650 in the US = 24% 1000 in Asia = most sales 38% BUT headquarters in Paris

05

Future of the company

2020 = 150,000 employees, 5,000 stores, 44.7 billion € in sales2022 = recruit 25,000 ppl under 30

Conclusion

  • Well-paid
  • Access to private sales event
  • Paid vacations
  • International mobility
  • Very good experience on your CV
  • Very stressful because of the exigent clientele and because of the precision required

Thanks for your attention