Inside LVMH Questions And Answers Rated A+.
Which of these Maisons is the oldest? - correct answer. CHAUMET
What are the key drivers for Selective Retailing Maisons? - correct answer. - Constant innovation
- Personalization of relationships
- Transforming shopping in a unique ex...
Which of these Maisons is the oldest? - correct answer. CHAUMET
What are the key drivers for Selective Retailing Maisons? - correct answer. - Constant
innovation
- Personalization of relationships
- Transforming shopping in a unique experience
Which Fashion House within the Group was founded in 1846? - correct answer.
Loewe
How many stores does LVMH manage? - correct answer. More than 6,000 stores
LVMH Operating Model has six pillars. Which one is not correct? - correct answer.
Centralized Organization
How many employees work at LVMH and how many are women? - correct answer.
213,000 employees out of which 71% are women
How many Maisons are part of the LVMH Group? - correct answer. More than 75
Which business sector at LVMH generated the highest share of revenues in 2023? -
correct answer. Fashion & Leather Goods
Which Maison of the Perfumes & Cosmetics division is the oldest? - correct answer.
Officine Universelle Buly
Which is the oldest wine estate and youngest brand in the Wines & Spirits division? -
correct answer. Domaine des Lambrays (oldest) & Eminente (youngest)
Which characteristics may help to measure the luxuriousness of an offer? - correct
answer. - Quality
, - Scarcity
- Delivering experimental rewards
- Signed by brands
- Controlled channels
- Personalized services
- Price
Select the appropriate sentences related to LVMH omnichannel strategy - correct
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? -
correct answer. Yes
According to Bain & Company, China will be the largest market for personal luxury
goods in 2030. - correct answer. Agree
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 casualization, social media or values. -
correct answer. True
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. - Creativity & Innovation
- Entrepreneurial spirit
- Quest for excellence
- Sense of commitment
What can Innovation enable at Louis Vuitton? - correct answer. - Share the Maison's
history with the clients
- Uphold creativity and Savoir-Faire
Was Dior the first international LVMH brand to enter the Chinese market? - correct
answer. True
A commonly used definition of Sustainability is based on three pillars: maximizing
simultaneously the biological system goals, economic system goals, and social system
goals. - correct answer. True
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