LVMH, the world’s leading luxury products group
Reading Time: 1.5 minutes
#SFBalanceSheet#LVMH is a French public holding, managed by #Arnault family (64% of voting rights). This holding, the world’s leading luxury products group, gathers 70 prestigious brands, with €42.6 billion revenues in 2017 (+14% /2016) and a retail network of over 4,370 stores worldwide (+426 /2016). These brands are collected in six different business groups.
#Wines&Spirits signs revenue for €5.1 billion divided equally in Champagne&Wines and Cognac&Spirits, bringing profit for €1.5 billion. This group includes mainly #Moët&Chandon, #DomPérignon, #Mercier, #Belvedere, #Hennessy#Fashion&Leather goods is the main business of LVMH, with €15.5 billion of revenue and €5 billion of profit, this group has the highest operating margin (32%) and the greatest growth of sales (+23% per year). In this group, we can find some of the most famous fashion brands of the world: #LuisVuitton, #ChristianDior, #Fendi, Loro Piana, #Céline, #Kenzo, Loewe, #Givenchy, #MarcJacobs etc.
#Perfumes&Cosmetics contributes with €5.5 billion on total revenues, with €600 million of profit. Brands are almost the same of fashion (mainly Dior, Kenzo, Givenchy). #Watches&Jewelry growth was driven by the creativity of its brands, their masterful watch craftsmanship and jewelry-making expertise: #Bvlgari, #TAGHeuer and #Hublot. This business area brings in the pocket of LVMH €3.8 billion with a profit of €512 million.
#SelectiveRetailing, mainly #Sephora, count more than 1,800 physique store and 27 online sales platform. Other trade names are: Le Bon Marché, DMS and Starboard Cruise Services. This area generates revenue for €13.3 billion and profit for €1 billion.
The net result from #OtherActivities was a loss of €357 million. This heading includes: headquarters expenses, publishing, hotel and real estate activities.
LVMH bought Christian Dior for €6 billion in 2017 as a demonstration of its diligence to remain the leader in the #luxury products business. Do you think this differentiated group can keep its position for a long time?
#Shareyourypinion in the comments below
Я настоящий фанат огромных пиджаков❤️ на мой взгляд 👀... это самая крутая вещь в гардеробе❤️ я покупаю их максимально огромными, люблю стилизовать мужские❤️ ➡️хотите сделаю для вас подборку из разных сегментов с образами? а какие жакеты/пиджаки любите вы? ⬅️ PS: ну и кто ещё не посмотрел новое видео на моём канале, то переходите по ссылке в шапке профиля! Там вас ждёт обзор нового магазина COS!💋