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Exam (elaborations)

LVMH Touts les questions (verified answers) latest update

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  • Lvmh

LVMH Touts les questions (verified answers) latest update

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  • November 8, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Lvmh
  • Lvmh
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BravelRadon
LVMH Touts les questions (verified
answers) latest update

Module 1 : - correct answer ✔✔LVMH



What is not a key driver for Selective Retailing Maisons? - correct answer ✔✔Standard product selection



Which of these Maisons is the oldest? - correct answer ✔✔CHAUMET



Which Fashion House within the Group was founded in 1846? - correct answer ✔✔Loewe



How many stores does LVMH manage? - correct answer ✔✔5,600 stores



Among the following activities, which one is not part of the Other Activities sector? - correct answer
✔✔Automotive



How many employees work at LVMH and how many are women? - correct answer ✔✔196,000
employees out of which 71% are women



How many Maisons are there within the LVMH Group? - correct answer ✔✔More than 75



What business sector at LVMH generated the highest share of revenues in 2022? - correct answer
✔✔Fashion & Leather Goods



Which Maisons are part of the Perfumes & Cosmetics division? - correct answer ✔✔STELLA by Stella
McCartney, ACQUA DI PARMA



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

, Select the appropriate sentences related to LVMH omnichannel strategy - correct answer ✔✔1)
Omnichannel is a client-centric approach aimed at providing a consistent, qualitative, and seamless
customer experience across all channels and geographies.

2)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, the US is currently the largest market for personal luxury goods - correct
answer ✔✔Agree



Which characteristics may help to measure the luxuriousness of an offer? - correct answer ✔✔1) Price

2) Quality

3) Scarcity

4) Signed by brands

5) Controlled channels

6) Personalised services

7) Delivering experiential rewards



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 casualisation, social media or values. - correct answer ✔✔Yes



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 ✔✔1) Creativity & Innovation

2) Entrepreneurial spirit

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