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Inside LVMH Exam Questions And 100% Correct Answers

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Inside LVMH Exam Questions And 100% Correct Answers...

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  • October 26, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Inside LVMH
  • Inside LVMH
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Stetson
2024-2025 Inside LVMH Exam Questions And
100% Correct Answers


Which of these Maisons is the oldest? - Answer CHAUMET



What are the key drivers for Selective Retailing Maisons? - Answer - Constant innovation

- Personalization of relationships

- Transforming shopping in a unique experience



Which Fashion House within the Group was founded in 1846? - Answer Loewe



How many stores does LVMH manage? - Answer More than 6,000 stores



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



How many employees are there in LVMH, and how many of them are women? -Answer
213,000 employees, of which 71% are women



How many Maisons are part of the LVMH Group? -Answer More than 75



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



Which is the oldest Maison of the Perfumes & Cosmetics division? -Answer Officine
Universelle Buly

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



Which of the following features can be used to measure the luxury level of an offer? -
Answer - Quality

- Scarcity

- Delivery of experimental rewards

- Signed by brands

- Controlled channel

- Personalized service

- Price



Correct sentences related to LVMH omnichannel strategy: Answers - Omnichannel is a
customer-focused approach based on the guarantee of the continuity, quality, and
continuity of customer experience everywhere and any time.

- Omnichannel customer experience created by cross-collaboration of all teams, all
departments, and through all activities - from warehouses to stores.



Distribution: Does Brick and Mortar remain an important part of the Luxury story? ANS
Yes



By 2030, according to Bain & Company, China will be the largest market for personal
luxury goods. ANS Agree



Fashion & Leather Goods Maisons - How do they create value for their clientèle through
unique customer experiences? ANS By mastering distribution



This for Erwan Rambourg the young generation of luxury buyers have changed the face
of the luxury industry in some aspects, such as: casualization, social media or values. -
Answer True

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