Preview

Advanced Topics in Managemnet Management of Knowledge

Powerful Essays
Open Document
Open Document
2355 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Advanced Topics in Managemnet Management of Knowledge
ADVANCED TOPICS IN MANAGEMNET
MANAGEMENT OF KNOWLEDGE

Case Study - LVMH

February 2012

REVIEW OF SECTOR SPECIFIC FACTORS
LVMH is the largest luxury goods conglomerate in the world, with a portfolio of around 50 brands known the world over. LVMH (despite the ordering of the initials, the fashionable firm's full name is officially Mo Hennessy-Louis Vuitton) is active in all the essentials. The LVMH Group is organized in five main branches: wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing.

Wines and Spirits: The LVMH Group’s Wines and Spirits activities regroup prestigious brands such as Moët & Chandon, Krug, Veuve Clicquot Ponsardin or Dom Pérignon for champagne, Hennessy for cognac, Glenmorangie for single-malt whisky and Belvedere for premium vodka.
Served by a powerful international distribution network, these emblematic brands sell exceptional products worldwide, making LVMH the world leader in prestigious wines and spirits.

Fashion and Leather Goods: Along with Louis Vuitton Malletier, the Fashion and Leather Goods business group includes the Givenchy fashion house, as well as Céline, Loewe, Berluti, StefanoBi, Kenzo, Marc Jacobs, Fendi, Emilio Pucci, Rossimoda, Thomas Pink and Donna Karan.

Perfumes and Cosmetics: LVMH is a major world player in the Perfumes and Cosmetics sector with the large French houses Parfums Christian Dior, Guerlain, Parfums Givenchy and Parfums Kenzo.
In addition to these world-renowned brands, this business group also includes BeneFit and Fresh, two young, high growth American cosmetics companies, the prestigious Italian brand Acqua di Parma, Parfums Loewe, developed for the Spanish Fashion and Leather goods company, and Make Up for Ever, a French company specializing in professional make-up products.

Watches and Jewelry: The most recent LVMH business group holds a portfolio of high-quality watch and jewelry brands, with highly complementary

You May Also Find These Documents Helpful

  • Best Essays

    retailer of wine in the world (WBI, 2007). It has direct network of merchandize through which…

    • 2588 Words
    • 9 Pages
    Best Essays
  • Satisfactory Essays

    LVMH is a world leader in luxury with a portfolio of over 50 prestigious brands. Brands under the conglomerate (LVMH being the holding company) are synonymous with prestige and elegance and operate in the areas of:…

    • 392 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Research About Sephora.Com

    • 2547 Words
    • 11 Pages

    Owned by Louis Vuitton Moet Hennessy (LVMH), the world's leading luxury goods group, Sephora is highly regarded as a beauty trailblazer,…

    • 2547 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Louis Vuitton, as one of the leading luxury brands in the world, it is also one of the most well-known and the most legendary fashion houses in the world with one of the richest history. It began over 150 years ago, where the Louis Vuitton started his career as a trunk maker in France. When he was an intern, he has extraordinary skill to the craft box for packing clothes made for the royalty. His skill in making the boxes and, of course, originality was the reason why he was able to build a strong foundation for him to start the Louis Vuitton empire. The increasing popularity of traveling during the 19th century also contributed to the success achieved by Louis Vuitton. He had to expand his factory within a few years and relocating to Asniéres…

    • 311 Words
    • 2 Pages
    Good Essays
  • Good Essays

    2. Louis Vuitton is LVMH flagship brand. Much of Louis Vuitton’s appeal is that it bestows exclusivity on its owners. In the last few years, however, the Louis Vuitton logo has been applied to handbags and accessories at an unprecedented rate. Discuss the challenges to the value of the brand as LVMH responds by introducing more luxury handbags and accessories without displaying the logo.…

    • 1393 Words
    • 4 Pages
    Good Essays
  • Good Essays

    LV is a French fashion house founded in 1854 and it’s owned by its parent group which is LVMH Moët Hennessy . Louis Vuitton is one of the world's leading international fashion houses. LV Company sells their products through their actual stores and through the e-commerce section of its website as well. Louis Vuitton mission is to represent the most qualities of Western: “Art de Vivre” around the world. LVMH must continue to be synonymous with both elegance and creativity. Our products, and the cultural values they embody, blend tradition and innovation, and kindle dream and fantasy.…

    • 678 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Stuart, D 2002 ,LVMH brand for success, thanks to know-how from the top, Strategic Direction, Vol 18, No 5, pp 7-9, Viewed 24 August 2008, MCB UP Ltd.…

    • 1907 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Connection with the Germans Fashion Oscar in 1957 Even after her death in 1971, she lives on as an icon to many in the fashion industry today. Chanel, post Coco…

    • 536 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    BV Report

    • 1296 Words
    • 6 Pages

    BV belongs to Kering Group, which is quite professional in running luxury brands. It has successfully been running some famous luxury brands in Britain, including Gucci, Alexander McQueen, Saint Laurent and so on (Kering Group Annual Report, 2012). With the sophisticated direction and sufficient financial support provided by Kering Group, BV has performed quite well in British market.…

    • 1296 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    A1. Louis Vuitton Malletier also known as Louis Vuitton, i.e. LV was founded by namesake Louis Vuitton in France in 1854 as a fashion and design house and currently is the leading luxury brand in the world. Louis Vuitton is owned by its parent group, LVMH Moët Hennessy and is internationally the largest luxury conglomerate. Louis Vuitton became a subsidiary of their parent group in 1987. Their mission statement is found on LVMH 's website and it states the following:…

    • 2033 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Marketing Plan Example

    • 5509 Words
    • 23 Pages

    AAA Wine/Spirits vision is to be the leading distributor of beverage alcohol and create superior value for all tiers of the industry. We have achieved this vision by embracing a mission of providing superior business solutions that drive growth and value for customers and suppliers alike through our national scale, state-level share, local market intelligence and brand-building expertise.…

    • 5509 Words
    • 23 Pages
    Good Essays
  • Satisfactory Essays

    Lvmh Case Study

    • 378 Words
    • 2 Pages

    LVMH should focus more on economies of scope. In some cases like advertising it appears the conglomerate uses its size and power to reduce the cost to the individual companies; however I feel that the conglomerate could do much more to reduce costs and increase profits for the firms. They could be using their negotiating power to force suppliers into lower prices. They should encourage the individual companies to work together and provide ideas for each other this way they can strengthen relationships among the…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Louis Vuitton Brand Audit

    • 2254 Words
    • 10 Pages

    In 1978, The Louis Vuitton Empire expands and opens its first stores in Tokyo and Osaka, Japan. The expansion into Asia continues with an opening of the Seoul, Korea store. After several years of expansion, Moet Hennessy and Louis Vuitton merge to create LVMH in 1987. By the year 1989, Louis Vuitton has over…

    • 2254 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Description: The LVMH Moet Hennessy Louis Vuitton SA - SWOT Analysis company profile is the essential source for top-level company data and information. LVMH Moet Hennessy Louis Vuitton SA - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. LVMH Moet Hennessy Louis Vuitton (LVMH) produces and retails luxury goods under various categories and brands. LVMH is headquartered in Paris, France and employs approximately 77,087 people of which 12,161 are part-time. The company recorded revenues of E17,193 million (approximately $25,296.7 million) during the financial year ended December 2008 (FY2008), an increase of 4.3% over 2007. The operating profit of the company was E3,485 million (approximately $5,127.6 million) in FY2008, an increase of 1.6% over 2007. The net profit was E2, 026 million (approximately $2,980.9 million) in FY2008 which was flat compared to 2007. Scope of the Report - Provides all the crucial information on LVMH Moet Hennessy Louis Vuitton SA required for business and competitor intelligence needs - Contains a study of the major internal and external factors affecting LVMH Moet Hennessy Louis Vuitton SA in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams of LVMH Moet Hennessy Louis Vuitton SA -Data is supplemented with details on LVMH Moet Hennessy Louis Vuitton SA history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available statement from LVMH Moet Hennessy Louis Vuitton SA Reasons to Purchase Support sales activities by understanding your customers’ businesses better Qualify prospective partners and suppliers Keep fully up to date on your competitors’ business…

    • 859 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Château de Luxe will cater towards men and women who are fashion savvy and who are looking for a good deal. Their accessories are as important as their personal style and appearance. They can’t afford high end designer luxury goods; however, carrying a knock off is a fashion faux pas. We will solve this burning problem by giving people the opportunity that they have missed for so long. Whether it’s for that special night out, or just to feel put‐together, confidant, and beautiful, Château de Luxe allows the young fashion‐conscious men and woman to affordably achieve the image they desire without diving too deep into their pockets. Château de Luxe will provide its customers the service to sell and purchase pre owned designer handbags, wallets, belts, sunglasses, watches and scarves at a lower then retail price. This service enables men and women to fulfill their desires of owning a high end product without paying a fortune. Some of the high end brands that Château de Luxe will carry include Louis Vuitton, Chanel, Gucci, Prada and Fendi, Hermes, Pucci, Alexander McQueen, Dior, Burberry, Versace, Dolce and Gabbana, Miu Miu, Kate Spade, Roberto Cavalli, Marc Jacob, Balenciaga, Ralph Lauren, Giorgio Armani, Lanvin, Yves Saint Laurent, Chloe, Givenchy, Moschino, Bvlgari, Hugo Boss, Bugatti, Jean Paul Gaultier and Salvatore Ferragamo. Château de Luxe will provide its customer the service to sell their high end product and offer the customer the options to opt for 40% cash on spot or 40% store credit or 50% of the price until the product is sold. We will only purchase products that are clean, in good condition, and 100% authentic. Château de Luxe staff members will receive extensive training from design house representatives in order to evaluate the product, identify its authenticity and spot a fake product right away. We will grantee 100% authenticity of the products in order to satisfy our customers. However, products will be final sale once the customer leaves the…

    • 468 Words
    • 2 Pages
    Satisfactory Essays

Related Topics