Loro Piana’s Post

I'm excited 🤑 to share that I recently completed the #InsideLVMH Certificate program. This comprehensive learning experience offered invaluable insights into the luxury industry and LVMH's unique ecosystem of over 75 Maisons across 6 business sectors. ---> Some key takeaways from the program <--- 1. Balancing #Tradition and #Innovation : I learned how LVMH Maisons like Fendi maintain their rich heritage while embracing innovation. As #Fendi's CEO Serge Brunschwig highlighted, it's about "opening the next chapter" while preserving authenticity and craftsmanship. 2. #DigitalTransformation : The program emphasized the growing importance of #OmnichannelStrategies in luxury retail. I gained insights into how LVMH is reinventing the customer experience across all touchpoints, from online discovery to in-store services. 3. #Sustainability and Social Responsibility (aka. #CSR) : LVMH's commitment to environmental sustainability and positive social impact was inspiring. I learned about initiatives across the group to ensure responsible sourcing, reduce environmental footprint, and contribute positively to communities. 4. #China's Luxury Market (I take pride in this part 😝 ): The program provided fascinating insights into the crucial #ChineseLuxuryMarket, including perspectives from LVMH executives like Andrew Wu, Group President of LVMH China. Also I am intrigued by this book #BlingDynasty written by Erwan Rambourg (although 10 years have elapsed, some points still click) 5. #Innovation as a Key Asset: I was intrigued by how innovation drives success in luxury, exemplified by Louis Vuitton's approach to digital innovation shared by Agnès Vissoud, their Digital Innovation Director. I'm grateful for the opportunity to expand my knowledge through this #extracurricularprogram. It reinforced how #creativity, #craftsmanship, and a #LongtermVision drive success in the luxury sector (something I would like to explore more obvs). The course also highlighted the importance of adapting to changing consumer expectations while maintaining the essence of luxury. Thank you to the one and only #LVMH for offering this enriching learning experience. If you want to know more about LVMH, check out this website, add yourself on the waiting list (open again in September): https://lnkd.in/gqXrsW62 #InsideLVMH #LuxuryIndustry #ContinuousLearning #DigitalTransformation #Sustainability #Innovation #WeeklyCertificate

I'm happy to share that I had the opportunity to participate in the #INSIDE #LVMH program. 8 weeks of inspiring and immersive learning path about the luxury sector from iconic brands like Christian Dior, Celine, Louis Vuitton, Moët Hennessy, TAG Heuer, among others. Incredible expertise shared by leaders of the LVMH group in four modules focused on: - LVMH and the Luxury Industry - Luxury & Sustainability - Creation & Branding - Operations & Supply Chain

Bernard Arnault is the CEO of LVMH, the luxury goods powerhouse that owns Louis Vuitton, Christian Dior, Moet & Chandon, Tiffany, and Tag Heuer. Earlier this year, he was also named as the world's richest man with a fortune in excess of $200 billion. The 75 year-old's family are a key part of his business and he recently added two more of his children to the company's board of directors. So what can his approach teach us about succession planning, especially in the luxury goods industry? Professor Qing Wang, from University of Warwick - Warwick Business School explains. Link in the comments. #core #coreinsights #warwick #wbs

✨ Meet LVMH : The luxury giant with 75 prestigious brands under its umbrella! 🌟 Formed in 1987 from the merger of Louis Vuitton 👜 and Moët Hennessy 🍾, LVMH aimed to create a powerhouse of luxury brands leveraging shared expertise and resources. 💡 By focusing on acquiring and nurturing brands with rich histories and strong identities, LVMH emphasised quality, craftsmanship, and exclusivity. 💎 Some of their famous brands include Louis Vuitton, Dior, Moët & Chandon, TAG Heuer, Sephora 💄, Givenchy, Hennessy, Fendi, Bulgari, Celine, Tiffany & Co. 💍, and Marc Jacobs. 💥 LVMH’s strategy of acquiring diverse luxury brands allowed them to dominate various market segments. They expanded globally while maintaining exclusivity and desirability, using innovation, high-profile collaborations, and celebrity endorsements to enhance brand appeal. 💫 With a presence in over 70 countries, LVMH reported revenues of over €79 billion in 2023 and employs more than 175,000 people worldwide. ⚡ LVMH’s story is an example of how strategic acquisitions, brand management, and a focus on quality can create an empire, inspiring businesses and entrepreneurs alike. #LVMH #LuxuryBrands #BusinessSuccess #Innovation #BrandManagement #GlobalLeadership

Finally finished the INSIDE LVMH CERTIFICATE courses, which is an amazing program with the top experts in the company who led me to dive into the mystery luxury industry world of LVMH and also be fascinated by the brand philosophy. There is no doubt that the LVMH group can stay as the leading brand and become stronger and stronger. The 8-week course covered four essential modules: - LVMH & The Luxury Industry - Luxury & Society With a specialization in: - Creation & Branding - Retail & Customer Experience Through the program, I see the history, present, and future of multiple brands in the LVMH group. Share three points that made me feel touched and inspired : 1. "Innovation and Diversity" is an important value for LVMH to create stunning products and experiences and also how they hire and treat employees. 2. Brand DNA is based on heritage and value. Knowing who you are and sticking to it! 3. "Whatever you do in life, do with passion!" by Christian Dior #LVMH #INSIDELVMH #INSIDELVMHCertificate

Over the last eight weeks, I had the chance to deepen my knowledge of the luxury sector through an immersive learning path offered by LVMH. This course is a right continuation of the Summer School followed in Luiss Guido Carli University in Managent of Made in Italy.   The course allowed me to better understand how LVMH brands, such as Christian Dior, Fendi, Bvlgari, Benefit, Guerlain, Moët Hennessy, Veuve Clicquot and many others create and maintain their presence and success through their #brand DNA and a strong focus on quality and #sustainability, achieved through constant #creativity and #innovation, never losing sight of the central role played by evolving #consumers.    Besides exploring LVMH and the #luxury world fundamentals, future #trends and #challenges, I decided to focus on specific modules:  - LVMH & Luxury Industry - Luxury & Sustainability - Creation & Branding Promotion - Retail & Customer Experience

If you know me, you know that my career background has been deeply rooted within the fashion business since the beginning. I’m happy to share that I’ve obtained the Inside LVMH certification specializing in creation and branding, operations and supply chain. LVMH has indeed been a dream company of mine, they truly align with my mission of building brand loyalty and legacy. There's no doubt that over the years the odds were stacked. A career in fashion seemed very far-fetched, not only because of the industry's competitive nature but also due to its lack of inclusivity and failure to place Black women in the equation, particularly within senior, and C-level business leadership roles. Yet, I continue to take big and small steps, realizing that God has given me the key to unlock someone else's next opportunity. I have countless doors to open for those who look like me and have always dreamed of breaking into the fashion industry. I highly recommend this certification for anyone passionate about luxury. It offers a deep dive into everything from brand management and craftsmanship to sustainability, covering sectors like wine and spirits, fashion and leather goods, watches and high jewelry, beauty and more. This is a limited-time opportunity to register and explore the company's 75 Maisons, gaining insight into their constant innovation of the savoir-faire business model. #InsideLVMH #LMVH #luxury #fashionindustry

🌟 Excited to Announce a New Achievement! 🌟 I am thrilled to share that I have successfully completed the Inside LVMH course, specializing in Creation and Branding, Operations, and Supply Chain! LVMH (Moët Hennessy Louis Vuitton) is the world leader in luxury, with a rich history dating back to 1987. Home to prestigious brands like Louis Vuitton, Christian Dior Couture, and Moët & Chandon renowned for its commitment to quality, creativity, and innovation. This course offered a unique opportunity to dive deep into these iconic brands' heritage and success stories. The course covered topics that included insights into the luxury industry and society, creating and sustaining brand experiences, the values of LVMH, sustainability, technology, and innovation necessary for building brands, and operations and supply chain management. I am eager to apply these valuable insights and contribute to the future of luxury with enhanced knowledge and passion. #InsideLVMH #LuxuryBrandManagement #CreationAndBranding #Operations #SupplyChain #LVMHHistory #DiscoveringLuxury #Sustainability #TechnologyAndInnovation #ProfessionalDevelopment #ContinuousLearning

In 2023, Louis Vuitton Moët Hennessy became the first company in Europe to cross $500 billion in market capitalization 😳 Here's a look at their impressive business empire & how LVMH became the world's largest luxury group 👇🏼 The group's origins trace back to 1987 when Louis Vuitton merged with Moët Hennessy. Today, LVMH comprises over 70 prestigious names including Louis Vuitton, Dior, Givenchy, and Sephora. It operates in six segments: - Fashion and leather goods - Wines and spirits - Perfumes and cosmetics - Watches and jewelry - Retail, and hospitality. How did they manage to achieve it all? 🤔 LVMH's success stems from its decentralized structure where each brand functions autonomously with its own creative director. This therefore allows the brands to make decisions quickly while benefiting from LVMH's scale. This is perfectly illustrated by record sales of $85.9 billion in 2022, showing that LVMH is a leader in the space and continues to identify growth opportunities. More importantly, the active involvement of Bernard Arnault's family also indicates the group's focus on long-term vision. LVMH's strategic brand acquisitions coupled with operational expertise make it a company like no other. Impressionnante.

Brands, culture, generations &.... LVMH Through the flux of our times, and the challenges that we face on so many levels, one of the constants is our commitment to culture. And as we are at this unprecedented moment with five generations in the workplace, I had the opportunity to take a longer-term lens on that centrality of culture as the focus of a special Masterclass on LVMH. ➡ The ‘fil rouge’ of culture – Part of the ‘LVMH effect’ that is less talked about is the red thread connecting culture on the inside to long-term value creation. At the centre of everything is a hardwired investment in knowledge and knowledge transfer, with dedicated investments from innovation to creativity, from rising talent to leadership.   ➡ Succession and next generation leadership – a family-run business, LVMH has four generations of the Arnault family within the brands and operating across categories. As we plan for succession and thinking about nextgen leadership, it opened up a wider thought on how we are building the responsibility of leadership into our organisational culture.   ➡ The blurring and blending of categories – Part of LVMH's success over time has been in the art of collaboration. That collaborative philosophy takes on deeper levels in the creativity across genres that has emerged across art & luxury, haute & street, fashion and sport, experiences and entertainment. More on this here via The Business of Fashion https://lnkd.in/eySfjQRf   ➡ And the reflections closing out were on how this opens up a wider debate on the dynamic between specialism and generalism that we’re seeing at a wider level through the future of work and skills (a deeper read here in David Epstein’s Range). A huge thank you to the phenomenal team at Sotheby's Institute of Art for the invitation to your Masterclass series - to the brilliant Dr. Federica Carlotto for the invitation and conversation, to the fabulous Janine Catalano for hosting, and the fantastic Federica Galoppo for orchestrating. And thank you to the alumni from around the world for bringing your energy and insights!   #brands #culture #generations #excellence #collaboration #creativity #heritage #innovation #nextgen #futureofleadership #familybusiness #knowledgetransfer Sotheby's #Olympics Château d'Yquem Ruinart Christian Dior Couture Louis Vuitton RIMOWA Tiffany & Co.