Sustainable Brand Benchmark - Lvmh Moet Hennessy Louis Vuitton

By CommonShare

LVMH Moët Hennessy Louis Vuitton, commonly referred to as LVMH, is a multinational conglomerate based in France. It is one of the world's leading luxury goods companies, with a diverse portfolio of prestigious brands spanning various sectors.

LVMH was founded in 1987 through the merger of fashion house Louis Vuitton and champagne and spirits company Moët Hennessy. Since then, the company has expanded through strategic acquisitions and partnerships to become a global powerhouse in the luxury industry.

The group's brand portfolio includes renowned names across fashion, leather goods, perfumes, cosmetics, watches, jewelry, and spirits. Some of its most notable brands include Louis Vuitton, Dior, Fendi, Givenchy, Celine, Marc Jacobs, Bulgari, TAG Heuer, Dom Pérignon, Moët & Chandon, Hennessy, and many more.

LVMH operates through a decentralized structure, allowing each brand within the group to maintain its distinct identity and creative autonomy. The company provides support and resources to its brands while encouraging innovation, craftsmanship, and excellence in their respective fields.

In addition to its luxury brand portfolio, LVMH also has a strong commitment to sustainability and corporate social responsibility. The company has implemented various initiatives to reduce its environmental impact, promote responsible sourcing, and support local communities. LVMH places an emphasis on preserving craftsmanship, protecting natural resources, and fostering diversity and inclusion.

As a global leader in the luxury industry, LVMH has a significant influence on fashion trends, consumer behavior, and the overall perception of luxury. The company operates a vast network of retail stores, boutiques, and online platforms worldwide, catering to discerning customers who seek high-quality and exclusive products.

In summary, LVMH Moët Hennessy Louis Vuitton is a multinational conglomerate that owns and operates a diverse portfolio of luxury brands. With a rich heritage, commitment to craftsmanship, and focus on sustainability, LVMH has established itself as a key player in the global luxury goods market.

Overall Rating

2.8
Undistinguished

Credibility

How credible are the sustainability claims of the retailer/brand.

Relevance to Mainstreaming Sustainability

Market share of the retailer/brand within the industry it operates in.

Commitment

Commitment of the retailer/brand to sustainability.

Traceability

Level of visibility of the retailer/brand over its supply chain.

Accessibility

How easy is it to find the retailer’s/brand’s sustainable products.
Lvmh Moet Hennessy Louis Vuitton
France
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How our Sustainable Brand Benchmark® Works?

By CommonShare

Benchmark and rating to obtain a comparative evaluation of sustainable brand and retailer commitments to sustainable procurement.