Analysis on How LVMH Can Be the Leader of the Luxury Industry
Authors
Rouxuan Chen
Corresponding Author
Rouxuan Chen
Available Online 18 September 2021.
- DOI
- 10.2991/aebmr.k.210917.013How to use a DOI?
- Keywords
- Luxury, Acquisition, Marketing, Consumer Psychology, Social Media
- Abstract
Luxury is a conventional definition, it links pleasure and the gratification of human emotions via more snobby items or experiences than the typical person. As we know, LVMH just acquired Tiffany Inc. in January 2021, which is the biggest acquisition in the luxury industry. What kind of company LVMH is? This paper talks about the history of LVMH, the acquisition of LVMH, the marketing strategy of LVMH with the data analysis and literature searching, provides a reference in business strategies for other enterprises.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Rouxuan Chen PY - 2021 DA - 2021/09/18 TI - Analysis on How LVMH Can Be the Leader of the Luxury Industry BT - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021) PB - Atlantis Press SP - 77 EP - 81 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210917.013 DO - 10.2991/aebmr.k.210917.013 ID - Chen2021 ER -