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Inside LVMH Questions & 100% Verified Correct Answers with complete solutions (Latest update
Inside LVMH Questions & 100% Verified Correct Answers with complete solutions (Latest update
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Inside LVMHCHAUMET - ANS-Which of these Maisons is the oldest?
- Constant innovation
- Personalization of relationships
- Transforming shopping in a unique experience - ANS-What are the key drivers for Selective
Retailing Maisons?
Loewe - ANS-Which Fashion House within the Group was founded in 1846?
More than 6,000 stores - ANS-How many stores does LVMH manage?
Centralized Organization - ANS-LVMH Operating Model has six pillars. Which one is not
correct?
213,000 employees out of which 71% are women - ANS-How many employees work at LVMH
and how many are women?
More than 75 - ANS-How many Maisons are part of the LVMH Group?
Fashion & Leather Goods - ANS-Which business sector at LVMH generated the highest share
of revenues in 2023?
Officine Universelle Buly - ANS-Which Maison of the Perfumes & Cosmetics division is the
oldest?
Domaine des Lambrays (oldest) & Eminente (youngest) - ANS-Which is the oldest wine estate
and youngest brand in the Wines & Spirits division?
- Quality
- Scarcity
- Delivering experimental rewards
- Signed by brands
- Controlled channels
- Personalized services
- Price - ANS-Which characteristics may help to measure the luxuriousness of an offer?
- 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. - ANS-Select the
appropriate sentences related to LVMH omnichannel strategy
Yes - ANS-Looking at distribution, is Brick and Mortar still an important part of the Luxury story?
Agree - ANS-According to Bain & Company, China will be the largest market for personal luxury
goods in 2030.
By mastering their distribution - ANS-How do Fashion & Leather Goods Maisons offer their
clientèle unique customer experiences?
True - ANS-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.
33% of the luxury sales - ANS-According to Bain & Company, by 2030, online sales will
represent...
- Creativity & Innovation
- Entrepreneurial spirit
- Quest for excellence
- Sense of commitment - ANS-What are the core values of LVMH?
- Share the Maison's history with the clients
- Uphold creativity and Savoir-Faire - ANS-What can Innovation enable at Louis Vuitton?
True - ANS-Was Dior the first international LVMH brand to enter the Chinese market?
True - ANS-A commonly used definition of Sustainability is based on three pillars: maximizing
simultaneously the biological system goals, economic system goals, and social system goals.
Agree - ANS-Sustainability and sustainable development can be seen as the ability to meet the
needs of the present without compromising the ability of future generations to meet their own
needs.
True - ANS-Diversity refers to demographic difference or the ways that people differ from each
other.
All of the above.
- Quality beyond aesthetic
- Legacy beyond desire
- Emotion beyond ownership
- Creativity beyond trends - ANS-According to Serge Carreira, which are the essential values of
Luxury?
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