Inside LVMH Training Exam Questions And All Correct Answers.
4 views 0 purchase
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestSolver9. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
