Beating the Recession: The Case of LVMH S.A.
Authors' Class Standing
Senior
Lead Presenter's Name
Juliana V Rosen
Faculty Mentor Name
Jayendra Gokhale
Abstract
Abstract
LVMH – Moet Hennessy Louis Vuitton S.A. is a publicly traded French company (EuroNext Paris). Amongst its brands and subsidiaries are Louis Vuitton, Moet & Chandon, and TAG Heuer. The years 2009 through 2012 were a period of trials and tribulations for companies in the European Union. Despite the 2008-09 recession and the European financial crisis, LVMH’s operating income and net sales experienced a steady increase between 2009 and 2012. Its sales have grown by a compounded average annual growth rate of 18% and net income by almost 25%. The purpose of this paper is to examine and analyze the financial information of LVMH and understand the strategies that enabled it to successfully navigate through these testing times.
Location
Flight Deck
Start Date
9-4-2014 10:00 AM
Beating the Recession: The Case of LVMH S.A.
Flight Deck
Abstract
LVMH – Moet Hennessy Louis Vuitton S.A. is a publicly traded French company (EuroNext Paris). Amongst its brands and subsidiaries are Louis Vuitton, Moet & Chandon, and TAG Heuer. The years 2009 through 2012 were a period of trials and tribulations for companies in the European Union. Despite the 2008-09 recession and the European financial crisis, LVMH’s operating income and net sales experienced a steady increase between 2009 and 2012. Its sales have grown by a compounded average annual growth rate of 18% and net income by almost 25%. The purpose of this paper is to examine and analyze the financial information of LVMH and understand the strategies that enabled it to successfully navigate through these testing times.