updated 1y ago
Why the Acquisition of Tiffany & Co is Important for LVMH
- Indeed, that is the genius of the LVMH model that Arnault has created. It’s quite possible that being the C.E.O. of LVMH would be a less fun and desirable job than being the C.E.O. of Tiffany’s, or Tag Heuer or Dior, or one of the incredible French wineries that LVMH owns.
from Iger’s Buyers & the Arnault Dynasty
Diego Segura added
Severin Matusek and added
- Each year, new products account for approximately 15 % of LVMH sales, and some of them enjoy operating margins of up to 47 % . (For a list of the company’s brands, see the exhibit “The House of Arnault.”) What makes these statistics all the more remarkable is that many of these products at first appear utterly outlandish—a kidney-shaped handbag cov... See more
from The Perfect Paradox of Star Brands: An Interview with Bernard Arnault of LVMH by Suzy Wetlaufer
Steve O'Farrell added