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LVMH
3.7
based on 4 Reviews
About LVMH
Founded in1987 (38 yrs old)
India Employee Count51-200
Global Employee Count10k-50k
HeadquartersParis, France
Office Locations
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Websitelvmh.com
Primary Industry
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Other Industries
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LVMH Moët Hennessy Louis Vuitton is the world's largest luxury goods company, with brands that are bywords for the good life and everything showy. LVMH makes wines and spirits (Dom Pérignon, Moët & Chandon, Veuve Clicquot, and Hennessy), perfumes (Christian Dior, Guerlain, and Givenchy), cosmetics (Bliss, Fresh, and BeneFit), fashion and leather goods (Donna Karan, Givenchy, Kenzo, and Louis Vuitton), and watches and jewelry (TAG Heuer, Ebel, Chaumet, and Bulgari). LVMH's selective retail division includes Sephora cosmetics stores, Le Bon Marché Paris department stores, and 61% of DFS Group (duty-free shops). Chairman Bernard Arnault and his family, through Groupe Arnault, own about 47% of LVMH.
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LVMH Ratings
based on 4 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
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4
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3
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Category Ratings
4.0
Company culture
4.0
Work-life balance
4.0
Work satisfaction
3.9
Salary
3.9
Skill development
3.9
Promotions
3.3
Job security
LVMH is rated 3.7 out of 5 stars on AmbitionBox, based on 4 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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LVMH Reviews
Compare LVMH with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 4 reviews | 4.0/5 based on 15.5k reviews | 4.2/5 based on 1.3k reviews | 4.1/5 based on 1.9k reviews |
Highly Rated for | Work-life balance Company culture Work satisfaction | Job security Skill development Work-life balance | Skill development Work-life balance Job security | Job security Skill development Company culture |
Critically Rated for | Job security | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 82% employees reported | Work from office 73% employees reported | Work from office 73% employees reported |
Rating by Women Employees | 3.4 Average rated by 3 women | 3.9 Good rated by 1k women | 4.2 Good rated by 201 women | 3.9 Good rated by 343 women |
Rating by Men Employees | 4.0 Good rated by 1 men | 4.0 Good rated by 13.6k men | 4.3 Good rated by 909 men | 4.2 Good rated by 1.4k men |
Job security | 3.3 Average | 4.1 Good | 4.2 Good | 4.1 Good |
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LVMH Salaries
LVMH salaries have received with an average score of 3.9 out of 5 by 4 employees.
Sales Executive
(1 salaries)
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₹0.8 L/yr - ₹1 L/yr
Senior TSE
(1 salaries)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Beauty Advisor
(1 salaries)
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₹4.2 L/yr - ₹5.4 L/yr
TSE
(1 salaries)
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₹3.6 L/yr - ₹4.6 L/yr
Area Sales Executive
(1 salaries)
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₹6.3 L/yr - ₹8 L/yr
Accountant
(1 salaries)
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₹22.5 L/yr - ₹28.8 L/yr
Financial Consultant
(1 salaries)
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₹4.5 L/yr - ₹5.8 L/yr
Business Head
(1 salaries)
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₹23.4 L/yr - ₹29.9 L/yr
Information Security Manager
(1 salaries)
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₹23.4 L/yr - ₹29.9 L/yr
Logistics Executive
(1 salaries)
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₹10.8 L/yr - ₹13.8 L/yr
LVMH News
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Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
- Bernard Arnault, CEO of LVMH, discussed job cuts at Meta and Tiffany.
- Arnault referred to laid-off Meta workers as being 'promoted outwards'.
- He mentioned the conversation with Mark Zuckerberg regarding letting low-performing Meta staff go.
- Arnault described the challenges faced by Tiffany after its acquisition by LVMH.
Insider | 29 Jan, 2025
Sephora, Retail Division Drive LVMH’s Q4 Performance Amid Luxury Market Headwinds
- Luxury retail giant LVMH reported a 1% rise in Q4 sales and 1% organic growth for 2024 amid a challenging luxury market.
- The growth in Q4 was driven by Sephora and steady performance in the fashion and leather division.
- LVMH CEO Bernard Arnault praised the company's resilience and attributed its success to product quality, commitment to excellence, and geographic balance.
- LVMH highlighted the strong performance of Sephora as a world leader in beauty retail and the success of Dior's Sauvage fragrance.
Pymnts | 29 Jan, 2025
World’s top 10 richest people
- Jeff Bezos — Net worth: $248.9 billion. Founder of Amazon and space exploration company Blue Origin.
- Mark Zuckerberg — Net worth: $223.6 billion. Co-founder and CEO of Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp.
- Larry Ellison — Net worth: $198.2 billion. Co-founder, chairman, and chief technology officer of Oracle Corporation.
- Bernard Arnault & Family — Net worth: $180.1 billion. Chairman and CEO of LVMH, the world’s largest luxury goods company.
Medium | 31 Dec, 2024
Arnault Son Is Tapped To Lift LVMH’s Spirits Unit
- Alexandre Arnault, son of Bernard Arnault, will be serving as deputy chief executive of LVMH's wines and spirits division.
- He will be working alongside LVMH's CFO, Jean-Jacques Guiony, who will also join Moët Hennessy as its new CEO.
- Under Alexandre's leadership, sales at Tiffany & Co., which LVMH acquired, increased and made it the largest contributor to the group's growth.
- With this appointment, speculation arises on who might succeed as the future leader of the conglomerate.
Global Finance Magazine | 5 Dec, 2024
What If Elon Musk Took Over LVMH? A Luxury Reboot Like No Other
- Elon Musk, known for redefining boundaries, could potentially take over LVMH, the luxury empire behind brands like Louis Vuitton and Dior.
- Musk's influence could bring chaos, brilliance, or a combination of both to LVMH.
- His visionary ideas could include Neuralink-controlled cork popping and marketing the future of indulgence powered by the mind.
- From a financial perspective, Musk's ability to captivate younger markets and his focus on sustainability could benefit LVMH, while cryptocurrency-backed luxury could revolutionize the industry.
Medium | 4 Dec, 2024
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
- China's secondhand luxury market is thriving amidst a slowdown in consumer spending in the Asia-Pacific region, dominated by China.
- Companies such as Richemont, Kering, and LVMH have reported declining sales in the region.
- However, there is a healthy appetite for secondhand luxury goods, with online marketplaces like Zhuanzhuan Group experiencing significant growth.
- The COVID-19 pandemic and travel restrictions have fueled interest in cost-effective alternatives for luxury shopping.
Pymnts | 25 Nov, 2024
Trump Tariffs Will Hurt These Companies
- Walmart warns that tariffs could significantly increase costs for its customers.
- Lowe's sources nearly 40% of its goods from outside of the U.S., and consumers will pay more if new tariffs are introduced.
- Stanley Black & Decker reports that tariffs are already costing them nearly $100 million annually.
- Tariffs on luxury goods would hurt firms like Tapestry, Ulta Beauty, and LVMH.
Baystreet | 20 Nov, 2024
Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up
- Bernard Arnault, the world's richest person, has appointed his son Alexandre Arnault as CEO of LVMH's Wines and Spirits division starting February 2025.
- This move is part of a leadership shake-up at Bernard Arnault's luxury conglomerate, LVMH, where all five of his children hold positions.
- Alexandre Arnault, currently the Executive Vice President of Product and Communications at Tiffany & Co., will work alongside Jean-Jacques Guiony, the newly appointed President and CEO of Moët Hennessy.
- This appointment has sparked speculation about the succession plans of Bernard Arnault, who owns LVMH and is the world's richest person.
Insider | 15 Nov, 2024
Trump's win spells trouble for a luxury comeback in China
- Donald Trump's victory in the US election is predicted to cause trouble for luxury brands selling in China.
- The sector's hopes of a comeback in China are jeopardized by Trump's threats of imposing tariffs on Chinese products.
- The rise of nationalism and potential tariffs could impact retailers aiming to boost demand in China.
- Luxury brands have already been facing challenges in China due to macroeconomic issues and falling sales.
Insider | 8 Nov, 2024
Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.
- Luxury sales in Japan have surged due to a weakened yen and increased tourist spending.
- Brands like Hermès are thriving in Japan by aligning with Japanese values of subtlety and quality.
- The surge in luxury sales has been a much-needed boost for the industry, which faced a decline in China.
- Japanese consumers are emerging from a frugal era and are now spending on luxury themselves.
Insider | 3 Nov, 2024
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LVMH FAQs
When was LVMH founded?
LVMH was founded in 1987. The company has been operating for 38 years.
Where is the LVMH headquarters located?
LVMH is headquartered in Paris.
How many employees does LVMH have in India?
LVMH currently has approximately 90+ employees in India.
What are the pros and cons of working in LVMH?
Working at LVMH comes with several advantages and disadvantages. It is highly rated for company culture, work life balance and work satisfaction. However, it is poorly rated for job security, based on 4 employee reviews on AmbitionBox.
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