DECENTRALIZED

ORGANIZATION

Our structure and operating principles ensure

that our Maisons are both autonomous and

responsive . This allows us to be extremely close

to our customers , to ensure that rapid , effective

and appropriate decisions can be made . This

approach also sustains the motivation of our

employees , encouraging them to show true

entrepreneurial spirit .

VERTICAL

INTEGRATION

Vertical integration fosters excellence both

upstream and downstream , allowing control over

every link in the value chain – from sourcing

and   production facilities to selective retailing –

which in turn means that the image of our

Maisons is carefully controlled .

PRESERVING SKILLS

AND EXPERTISE

Our Maisons pursue a long - term vision . To pre -

serve their distinctive identities and excellence ,

LVMH and its Maisons have developed a range

of initiatives to pass down skills and expertise ,

and promote craft trades and design professions

among younger generations .

ORGANIC GROWTH

The LVMH Group places priority on organic

growth and commits significant resources to

develop its Maisons , as well as to encourage and

protect creativity . Our employees are key to this

approach , making it essential to support their

career growth and encourage them to excel .

CREATING SYNERGIES

Sharing of resources on a Group scale creates

intelligent synergies while respecting the indi -

vidual identities and autonomy of our Maisons .

The combined strength of the LVMH Group is

leveraged to benefit each of its Maisons

INNOVATION DEDICATED

TO EXCELLENCE

LVMH owes its long - term success to its pursuit

of excellence . In an ever - changing world , inno -

vation is a powerful tool for achieving this ,

making our products ever more appealing and

the experiences we offer our customers ever

more unforgettable . Driven by our employees ,

innovation is based on several pillars : our

in - house R & D centers , our network of start - ups

and our partnerships with the world of academia

as well as numerous expert companies .

BALANCE ACROSS

BUSINESS SEGMENTS

AND GEOGRAPHIES

Our Group has the resources to sustain regular

growth thanks to the balance across its business

activities and a well - distributed geographic

footprint . This balance means that we are well -

positioned to withstand the impact of shifting

economic factors .

The world ’ s leading

luxury goods group

LVMH has implemented a unique operating

model based on a number of pillars , which

contributes to the Group ’ s long - term success

by combining profitable growth , sustainability

and a commitment to excellence .