Preview

Capstone Project - Louis Vuitton

Good Essays
Open Document
Open Document
2033 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Capstone Project - Louis Vuitton
CAPSTONE FINAL PROJECT

Capstone Final Project: Louis Vuitton Analysis
KeiyaHood student, Dean March – Prof, Ph.D., Strayer University, Bus., 499

March 8, 2012

Introduction
Capstone Project: Select a publicly traded company by researching the Strayer Databases or the Internet. Download the annual report for the most recent year reported for the use in this assignment. Based on your review and analysis of the annual report, prepare a 6 – 8 paper in which you answer the following questions:
Q1. Identify the company’s mission, vision and primary stakeholders.
Q2. Identify the five (5) forces of competition and how it impacts the company.
Q3. Create a SWOT analysis for the company identifying the major strengths, weakness, opportunities, and threats.
Q4. Based on the SWOT analysis, recommend how the company may capitalize on its strengths and opportunities, and minimize it weaknesses and threats.
Q5. Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability.
Q6. Determine the recent corporate governance issues that are currently affecting the company’s decisions and report how the company is or should be handling the issues.
Q7. Use 4-5 external sources as part of your assignment
References

Q1. Identify the company’s mission, vision and primary stakeholders.
A1. Louis Vuitton Malletier also known as Louis Vuitton, i.e. LV was founded by namesake Louis Vuitton in France in 1854 as a fashion and design house and currently is the leading luxury brand in the world. Louis Vuitton is owned by its parent group, LVMH Moët Hennessy and is internationally the largest luxury conglomerate. Louis Vuitton became a subsidiary of their parent group in 1987. Their mission statement is found on LVMH 's website and it states the following:

"The mission of the LVMH group is to represent the most refined qualities of Western 'Art de Vivre ' around the world. LVMH must continue to be



References: "Louis Vuitton : Maroquinerie, Mode Et Accessoires De Luxe." Louis Vuitton Official Website. LMVH, 2012. Web. 08 Mar. 2012. . "Louis Vuitton." Wikipedia. Wikimedia Foundation, 03 July 2011. Web. 08 Mar. 2012. . Mengisen, Annika. "Did EBay Start a Counterfeit Crackdown?" Freakonomics ». 18 July 2008. Web. 08 Mar. 2012. . "What Is Louis Vuitton Mission Statement?" WikiAnswers. Answers. Web. 08 Mar. 2012. . "LMVH Holdings Snapshot." 9 Mar. 2012. Web. 9 Mar. 2012. . DuBow, Charles. "LMVH Sees Strong Gains." Business Week. Bloomberg, 29 July 2008. Web. 8 Mar. 2012. . "Comparative Analysis." Yousigma. Yousigma. Web. 9 Mar. 2012. . DuBow, Charles. "LMVH Sees Strong Gains." Business Week. Bloomberg, 29 July 2008. Web. 8 Mar. 2012. . "LMVH Holdings Snapshot." 9 Mar. 2012. Web. 9 Mar. 2012. . "LVMH Corporate Governance." LVMH Corporate Governance. LVMH, 2011. Web. 9 Mar. 2012. .

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The group has experienced a relatively remarkable growth rate over the years. One of the key elements that allowed this uninterrupted growth has been the strategic acquisitions with an equally strong focus on organic growth. LVMH has stressed on the importance of quality and creating a heritage brand by facilitating innovation in each independent brand as the driver of its growth and profitability.…

    • 392 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Louis Vuitton, as one of the leading luxury brands in the world, it is also one of the most well-known and the most legendary fashion houses in the world with one of the richest history. It began over 150 years ago, where the Louis Vuitton started his career as a trunk maker in France. When he was an intern, he has extraordinary skill to the craft box for packing clothes made for the royalty. His skill in making the boxes and, of course, originality was the reason why he was able to build a strong foundation for him to start the Louis Vuitton empire. The increasing popularity of traveling during the 19th century also contributed to the success achieved by Louis Vuitton. He had to expand his factory within a few years and relocating to Asniéres…

    • 311 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Ricadela, Aaron (February 16, 2011). Bloomberg Business Week, title of article: “Dell Jumps After Company Gains in Data-Center Market”. Retrieved May 21, 2011 at: http://www.bloomberg.com/news/2011-02-16/dell-jumps-after-profit-tops-estimates-company-makes-data-center-headway.html.…

    • 788 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Student

    • 510 Words
    • 3 Pages

    Lous is Vuitton handbag offers a “product of distinguished quality” and “attention to detail,” 63.1373 as well as “one with a story behind it.” Furthermore, while general marketing places importance on “relative Quality,” for Louis Vuitton the concept seems to be “absolute quality,” which prompts consumers to insist on “Louis Vuitton or nothing,” rendering comparisons of Louis Vuitton bags with competing products meaningless the fact that LV creates highly original lines which are difficult to emulate and then register the trademarks and designs.…

    • 510 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Louis Vuitton Case Study

    • 1378 Words
    • 6 Pages

    Louis Vuitton(LV) was est. in 1854 in France and is known as one of the oldest French luxury fashion houses. The brand became famous for its exclusive leather bags and trunks. Over the years the LV line expanded from leather goods to fashion, selective retailing; wines & spirits; perfumes & cosmetics; watches & jewellery making the brand one of the most luxurious brands worldwide.…

    • 1378 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    External Analysis

    • 1166 Words
    • 5 Pages

    The LVMH group is comprised over five sectors: Fashion & Leather Goods, Wine & Spirits, Perfumes & Cosmetics, Watches & Jewelry, and Selective retailing. This external analysis will focus on the fashion and leather goods sector, which accounts for 30% of the company’s total revenue.…

    • 1166 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Lv Case Study

    • 1452 Words
    • 6 Pages

    CASE 2: LUXURY RETAILER LOUIS VUITTON IN CHINA: LOSING LUSTRE OR ADDING COLOUR? – Due date: Session 6…

    • 1452 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Louis Vuitton Case Study

    • 836 Words
    • 4 Pages

    Luxury retailers must focus on providing a rounded customer experience. Providing intimate one-on-one experiences and offering brand-wide scale for off-the-shelf goods are two perks that lure consumers into their stores. Louis Vuitton’s success also comes from their profound marketing strategy of providing their customers with the most luxurious products and services while broadening their market globally. In 1992 they made the decision to open stores in countries such as India, Japan and China. Before the end of 2007, Chinese were Louis Vuitton’s third largest customer segment in the world. Technology has also affected luxury brands such as Louis Vuitton. Today’s world is solely based on technology gadgets such as smartphones and tablets. Therefore, they had to find a humanistic method to connect and engage with their social media customers by investing in creating mobile apps that provide a luxury experience at a distance. Other luxury brands such as Gucci, Saks Fifth Avenue, and Gilt Groupe have also used this innovative way to retain their customer fan base by adapting to the forever changing retail market. This method of advertisement has been very successful to the fact that 93% of the wealthy smartphone users that had experienced the apps have reported of having a good shopping experience. 71% also felt better using the mobile apps and would prefer that more luxury companies will jump on the bandwagon and offer apps as well. With that being said, Louis Vuitton has no limits as to how much they would invest in pleasing their customers. They have also proven that adapting to technology advances will also assist in retaining the current customers too.…

    • 836 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Lvmh Strategic Analysis

    • 1625 Words
    • 7 Pages

    LVMH founds itself in a stable financial situation. Being positioned as the market leader they have better financial results than the rest of the competitors. Although the sales results for 2004 were under the industry 's average the overall performance over the last 5 years was 3% higher then the industry. It is important to note that the major owner of the company 's capital is present CEO Bernard Arnault with 47.52% of the control of the company with 64% of voting rights. This may have an Important impact in the overall performance and operating decision taken in the company.…

    • 1625 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Louis Vuitton

    • 1989 Words
    • 8 Pages

    Louis Vuitton (LV) is the world’s leading luxury brand. It is ranked number 1. It is also regarded as the leading brand of the LVMH group and the 1st world group of luxurious goods which were produced and distributed. This brand was created in 1987.…

    • 1989 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    By the mid 1970’s Louis Vuitton had seen tremendous growth and went on to become the largest luxury brand in the world in terms of market share. They became a brand synonymous with luxury, high class, high quality and a must have status symbol amongst the rich and famous. One of the most significant event for the brand was the creation of Louis Vuitton Motet-Hennessy (LVMH) in 1987; a merger between Louis Vuitton, Moet et Chandon and Hennessy; making it the largest luxury goods company in the world. The appointment of designer Marc Jacobs, as the art director of Louis Vuitton, took the brand to an all new high. He created limited editions, infused the brand with a fresh new energy and also launched a new jewelry division and shoes & ready to wear collections. In 2008, the group’s revenue had reached €17.1 billion, out of which fashion and leather good accounted for €6 billion (Exhibit 1 & 2).…

    • 1635 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Louis Vuitton in Japan

    • 1192 Words
    • 5 Pages

    Japanese luxury market has often placed the greater deal about value on quality along with exclusivity of the products that are being offered as well as it is the critical success factor for the luxury brands within Japan. Fact, which Louis Vuitton has regularly concentrated on enhancing the quality of their product portfolio, has been the important element towards brand’s success in between Japanese luxury market.…

    • 1192 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Louis Vuitton Case

    • 2000 Words
    • 8 Pages

    for 3 000 Euros or a pair of Louis Vuitton shoes for 1 000 Euros. An essential…

    • 2000 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    background of LV

    • 369 Words
    • 2 Pages

    Louis Vuitton is the first designer and creator of this brand.He use a creative ideal that combining the quality of making with innvotion design to fulfill the need of customer and the changging modes of world travel.…

    • 369 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    History of Lv

    • 1050 Words
    • 5 Pages

    Louis Vuitton Malletier, commonly referred to as Louis Vuitton, or shortened to LV, is a French fashion house founded in 1854 by Louis Vuitton. The label's LV monogram appears on most of its products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses, and books. Louis Vuitton is one of the world's leading international fashion houses; it sells its products through standalone boutiques, lease departments in high-end department stores, and through the e-commerce section of its website. For seven consecutive years (2006–2012) Louis Vuitton has been named the world's most valuable luxury brand. Its 2012 valuation is 25.9 billion USD.…

    • 1050 Words
    • 5 Pages
    Good Essays

Related Topics