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LVMH
3.4
based on 3 Reviews
About LVMH
Founded in1987 (37 yrs old)
India Employee Count51-200
Global Employee Count10k-50k
HeadquartersParis, France
Office Locations
--
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 3 reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
5
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4
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3
1
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1
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Category Ratings
5.0
Job Security
4.0
Company Culture
4.0
Work-Life Balance
4.0
Work Satisfaction
3.0
Salary & Benefits
3.0
Skill Development
3.0
Promotions/Appraisal
LVMH is rated 3.4 out of 5 stars on AmbitionBox, based on 3 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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Compare LVMH with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.4/5 based on 3 reviews | 4.0/5 based on 15k reviews | 4.3/5 based on 1.3k reviews | 4.1/5 based on 1.9k reviews |
Highly Rated for | Job Security Work-Life balance Company culture | Job Security Skill development Work-Life balance | Job Security Company culture Skill development | Job Security Skill development Company culture |
Critically Rated for | Skill development Salary & Benefits Promotion/Appraisals | Promotion/Appraisals | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 84% employees reported | Work from office 67% employees reported | Work from office 70% employees reported |
Rating by Women Employees | - no rating available | 3.9 Good rated by 997 women | 4.3 Good rated by 199 women | 3.9 Good rated by 339 women |
Rating by Men Employees | - no rating available | 4.1 Good rated by 13.1k men | 4.3 Good rated by 901 men | 4.2 Good rated by 1.4k men |
Job Security | 5.0 Excellent | 4.1 Good | 4.2 Good | 4.1 Good |
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LVMH Salaries
3.0
rated by 3 employees for salariesSales 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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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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