Inside LVMH Training Exam Questions And All Correct Answers.
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Course
Inside LVMH
Institution
Inside LVMH
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? -...
Inside LVMH Training Exam Questions
And All 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 work at LVMH and how many are women? - Answer 213,000 employees out 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 Maison of the Perfumes & Cosmetics division is the oldest? - 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 characteristics may help to measure the luxuriousness of an offer? - Answer - Quality
, - Scarcity
- Delivering experimental rewards
- Signed by brands
- Controlled channels
- Personalized services
- Price
Select the appropriate sentences related to LVMH omnichannel strategy - Answer - 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? - Answer Yes
According to Bain & Company, China will be the largest market for personal luxury goods in 2030. -
Answer Agree
How do Fashion & Leather Goods Maisons offer their clientèle unique customer experiences? - 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 casualization, social media or values. - Answer True
According to Bain & Company, by 2030, online sales will represent... - Answer 33% of the luxury sales
What are the core values of LVMH? - Answer - Creativity & Innovation
- Entrepreneurial spirit
- Quest for excellence
- Sense of commitment
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