Lvmh moet hennessy louis vuitton company profile paris. December 31, 2019 financial statements, parent company financial statements lvmh. Global strategy local strategy company analysis brand positioning cbbe. Lvmh currently employs 156,000 people across the world and reported sales of 53. The last five years have thrown up some of the toughest global trading conditions that the company has ever seen, but there are clear signs that a corner. Lvmh is owned by holding company christian dior and bernard arnault, the richest man in france. Louis vuitton company profile pdf city of kenmore, washington. The lvmh group comprises 75 exceptional houses that create high quality products.
In addition to other creative projects underway at the group, louis vuitton will continue to enrich. A globally unrivalled group of powerfully evocative brands. Our model, which is based on a longterm vision, values the heritage of our houses and stimulates creativity and excellence. April 2020 pdf 4 mo download the creative talents of the lvmh group. Christian dior couture joined the lvmh group at the beginning of july 2017. Lvmh moet hennessy louis vuitton, better known as lvmh, is a. We identified the competitors of louis vuitton to be hermes.
Storytelling and organizing creativity in luxury and. Lvmh company an operational and functional model lvmh. Lvmh s selective retail division includes sephora cosmetics stores, le bon marche paris department stores, and dfs group dutyfree shops. Month published january february march april may june july august september october november december. It is the driving force for the groups success and the. Pa including business summary, industrysector information, number of employees, business summary, corporate governance, key executives and their compensation.
A familyrun group, lvmh strives to ensure the longterm development of each of its houses in keeping with their identity, their heritage and their expertise. The french holding company moet hennessy louis vuitton lvmh. It is the only group present in all five major sectors of the luxury market. A coherent universe of men and women passionate about their profession and driven by the desire to innovate and achieve. Written company policy to obey national labour law, respect principles of relevant international labour standards in worldwide company operations and engage in dialogue with. Provides information on the companys profile and context of operation.
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