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Inside LVMH Questions and Correct Answers the Latest Update £11.04
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Exam (elaborations)

Inside LVMH Questions and Correct Answers the Latest Update
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  • LVMH
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  • LVMH

Which of these Maisons is the oldest? CHAUMET What are the key drivers for Selective Retailing Maisons? - Constant innovation - Personalization of relationships - Transforming shopping in a unique experience Which Fashion House within the Group was founded in 1846? Loewe How many store...

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  • November 7, 2024
  • 20
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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Inside LVMH Questions and Correct
Answers the Latest Update
Which of these Maisons is the oldest?


✓ CHAUMET



What are the key drivers for Selective Retailing Maisons?


✓ - Constant innovation
✓ - Personalization of relationships
✓ - Transforming shopping in a unique experience



Which Fashion House within the Group was founded in 1846?


✓ Loewe



How many stores does LVMH manage?


✓ More than 6,000 stores



LVMH Operating Model has six pillars. Which one is not correct?


✓ Centralized Organization



How many employees work at LVMH and how many are women?


✓ 213,000 employees out of which 71% are women


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How many Maisons are part of the LVMH Group?


✓ More than 75



Which business sector at LVMH generated the highest share of revenues in

2023?


✓ Fashion & Leather Goods



Which Maison of the Perfumes & Cosmetics division is the oldest?


✓ Officine Universelle Buly



Which is the oldest wine estate and youngest brand in the Wines & Spirits

division?


✓ Domaine des Lambrays (oldest) & Eminente (youngest)



Which characteristics may help to measure the luxuriousness of an offer?


✓ - Quality
✓ - Scarcity
✓ - Delivering experimental rewards
✓ - Signed by brands
✓ - Controlled channels
✓ - Personalized services
✓ - Price



Select the appropriate sentences related to LVMH omnichannel strategy

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✓ - 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?


✓ Yes



According to Bain & Company, China will be the largest market for personal

luxury goods in 2030.


✓ Agree



How do Fashion & Leather Goods Maisons offer their clientèle unique customer

experiences?


✓ 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.


✓ True



According to Bain & Company, by 2030, online sales will represent...
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