What it does: Leads 75 luxury brands including brands in sectors including wine and spirits, fashion, cosmetics, jewellery, watches, and retail.
Best known for: LVMH controls and owns several high-end consumer brands such as Bulgari, Christian Dior, Dom Pérignon, Louis Vuitton, Moët & Chandon, and Tiffany & Co.
Staff stats: 156,000 employees worldwide.
The good bits: LVMH provides a robust compensation structure depending on the location. Employees in the Philippines, for instance, become eligible for paid leave from their first day of work.
The not-so-good bits: The company may sometimes hire individuals on a temporary or contractual arrangement, so graduates need to be picky with their chosen job type.
LVMH’s reputation as a luxury retailer began in 1593 upon the acquisition of Château d’Yquem by the Sauvage family. The oldest brand paved the way for the family-run business to establish LVMH, following the merger between Moët Hennessy and Louis Vuitton in 1987. LVMH trades its shares on the Euronext Paris Eurolist. As of 2018, the company generated €46.8 billion in sales revenue. LVMH employs 156,000 people with 80 per cent of them outside of France.
The company divides its product line into 75 houses into six sectors: fashion and leather goods, perfumes and cosmetics, selective retailing, watches and jewellery, wines and spirits, and other activities. They claim to be the only group to operate in all five key sectors of the luxury retail market.
Online applications represent the most common method of joining LVMH.