100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Inside LVMH ACTUAL Exam Questions and CORRECT Answers $9.49   Add to cart

Exam (elaborations)

Inside LVMH ACTUAL Exam Questions and CORRECT Answers

 5 views  0 purchase
  • Course
  • Inside LVMH
  • Institution
  • Inside LVMH

Inside LVMH ACTUAL Exam Questions and CORRECT Answers Which of these Maisons is the oldest? - CORRECT ANSWER- CHAUMET What are the key drivers for Selective Retailing Maisons? - CORRECT ANSWER- - Constant innovation - Personalization of relationships - Transforming shopping in a unique exper...

[Show more]

Preview 2 out of 13  pages

  • October 9, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Inside LVMH
  • Inside LVMH
avatar-seller
MGRADES
Inside LVMH ACTUAL Exam Questions
and CORRECT Answers
Which of these Maisons is the oldest? - CORRECT ANSWER- ✔✔CHAUMET



What are the key drivers for Selective Retailing Maisons? - CORRECT ANSWER- ✔✔-
Constant innovation
- Personalization of relationships
- Transforming shopping in a unique experience


Which Fashion House within the Group was founded in 1846? - CORRECT ANSWER-
✔✔Loewe



How many stores does LVMH manage? - CORRECT ANSWER- ✔✔More than 6,000 stores


LVMH Operating Model has six pillars. Which one is not correct? - CORRECT ANSWER-
✔✔Centralized Organization


How many employees work at LVMH and how many are women? - CORRECT ANSWER-
✔✔213,000 employees out of which 71% are women



How many Maisons are part of the LVMH Group? - CORRECT ANSWER- ✔✔More than
75


Which business sector at LVMH generated the highest share of revenues in 2023? -
CORRECT ANSWER- ✔✔Fashion & Leather Goods


Which Maison of the Perfumes & Cosmetics division is the oldest? - CORRECT ANSWER-
✔✔Officine Universelle Buly


Which is the oldest wine estate and youngest brand in the Wines & Spirits division? -
CORRECT ANSWER- ✔✔Domaine des Lambrays (oldest) & Eminente (youngest)

, Which characteristics may help to measure the luxuriousness of an offer? - CORRECT
ANSWER- ✔✔- Quality
- Scarcity
- Delivering experimental rewards
- Signed by brands
- Controlled channels
- Personalized services
- Price


Select the appropriate sentences related to LVMH omnichannel strategy - CORRECT
ANSWER- ✔✔- Omnichannel is a client-centric approach aimed at providing a consistent,
qualitative, and seamless customer experience across all channels and geographies.
- Establishing a smooth omnichannel customer experience requires cross-collaboration across
all teams, departments, and through all activities - from warehouses to stores.


Looking at distribution, is Brick and Mortar still an important part of the Luxury story? -
CORRECT ANSWER- ✔✔Yes


According to Bain & Company, China will be the largest market for personal luxury goods in
2030. - CORRECT ANSWER- ✔✔Agree


How do Fashion & Leather Goods Maisons offer their clientèle unique customer
experiences? - CORRECT ANSWER- ✔✔By mastering their distribution


According to Erwan Rambourg the young generation of luxury buyers have transformed the
luxury industry in certain areas such as casualization, social media or values. - CORRECT
ANSWER- ✔✔True


According to Bain & Company, by 2030, online sales will represent... - CORRECT
ANSWER- ✔✔33% of the luxury sales



What are the core values of LVMH? - CORRECT ANSWER- ✔✔- Creativity & Innovation

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62555 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.49
  • (0)
  Add to cart