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LVMH
Indya ROUX-JAILLETTE
Created on October 14, 2021
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Transcript
Student: Indya ROUX-JAILLETTE
Luxury's worldwide leader
Introduction 1. Company overview and culture2. Company organization 3. Skills sought and recruitment process 4. International opportunities 5. Future of the company Conclusion
- Current topic : FW in September in Paris- I'm interested by the luxury + fashion world
Introduction
00
01
- 1987: Alain Chevalier and Henry Racamier announced the union of their groups -> LVMH
- World leader in luxury + only actor present in 5 luxury sectors
Company overview and culture
Headed by Bernard Arnault since 1989
Values : creativity and novelty, excellence, cultivate team spirit, commit to a positive impact
LVMH's slogan
"Le futur de la tradition"
Design : Europe or United States ≠ Countries with cheap labor-> High cost of production = high prices but good quality
02
Family business:-> Bernard Arnault = chairman and CEO -> Antoine Arnault : director of Bertuli -> Delphine Arnault : députy CEO of LV
Company organization
2017 : Fashion and Leather goods = biggest turnover with 31.7%Wines and spirits : 30,6% Watches and jewelry : 13,5%
Board of directords = increase the value of the company + defend corporate interests Strategy : acquisition (buying other companies and creating synergies -> improve turnover)
03
They employ 150,000 ppl worlwide-> Diversity -> Average age : 33 -> 172 nationalities -> Promote gender equality
Skills sought and recruitment process
-> Strive for excellence-> Strategic -> Enterprising -> Daring -> Creative
Work-study programs = Institut des Métiers d'Excellence
04
1350 stores in Europe = 16%650 in the US = 24% 1000 in Asia = most sales 38% BUT headquarters in Paris
International opportunities
05
2020 = 150,000 employees, 5,000 stores, 44.7 billion € in sales2022 = recruit 25,000 ppl under 30
Future of the company
- Very stressful because of the exigent clientele and because of the precision required
- Well-paid
- Access to private sales event
- Paid vacations
- International mobility
- Very good experience on your CV
Conclusion
Thanks for your attention