LVMH Moët Hennessy Louis Vuitton SE Overview
Company Headquarters: Paris, France
Founded: 1987
Workforce: The number of employees reported by the company is 1,45,247 as on November 2017.
Company Working: The company manufactures luxury consumer goods. The company operates through the business segments of wines and spirits, fashion, cosmetics & perfumes, Fashion & Leather Goods, Watches and Jewellery and Selective Retailing and Other Activities. The wine segment of the company is involved in the manufacturing of premium quality champagne and sparkling wines. The company is also involved in the distribution of vodka and white liquor. The Perfumes and Cosmetics segment is involved in the manufacturing and retail of make-up, skin care products and perfumes. Watches and Jewellery indulges in the production of luxury watches and accessories for men and women. The Selective Retailing segment promotes an environment suitable to the image and status of the luxury brands. The Other Activities segment includes media and publications of magazines, newspapers, business and financial websites and holds radio stations.
Strategy
The company is emphasizing on expansion and product launch to expand their geographical presence. For that company is focusing on making strong presence in European region. The company is found to have a strong brand name for cosmetics and personal care products and to strengthen their business portfolio for the same segment, the company is focusing more on strategic product launch and R&D.



