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    CHAPTER 4 Organizing

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    syahswift
    Bernard Arnault is the Chairman and CEO of LVMH, the French luxury goods holding company that owns 60 brands including Louis Vuitton. Louis Vuitton operates independently under its own CEO, Michael Burke, while also being part of the larger decentralized LVMH group structure. Louis Vuitton has expanded significantly in the 2000s and 2010s, opening flagship stores in major cities around the world. Louis Vuitton has a tall organizational structure with many management levels led by Bernard Arnault at the top as Chairman and various other executives in middle management roles running the different business divisions within LVMH.

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    CHAPTER 4 Organizing

    Uploaded by

    syahswift
    68 views4 pages
    Bernard Arnault is the Chairman and CEO of LVMH, the French luxury goods holding company that owns 60 brands including Louis Vuitton. Louis Vuitton operates independently under its own CEO, Michael Burke, while also being part of the larger decentralized LVMH group structure. Louis Vuitton has expanded significantly in the 2000s and 2010s, opening flagship stores in major cities around the world. Louis Vuitton has a tall organizational structure with many management levels led by Bernard Arnault at the top as Chairman and various other executives in middle management roles running the different business divisions within LVMH.

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    Bernard Arnault is the Chairman and CEO of LVMH, the French luxury goods holding company that owns 60 brands including Louis Vuitton. Louis Vuitton operates independently under its own CEO, Michael Burke, while also being part of the larger decentralized LVMH group structure. Louis Vuitton has expanded significantly in the 2000s and 2010s, opening flagship stores in major cities around the world. Louis Vuitton has a tall organizational structure with many management levels led by Bernard Arnault at the top as Chairman and various other executives in middle management roles running the different business divisions within LVMH.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    68 views4 pages

    CHAPTER 4 Organizing

    Uploaded by

    syahswift
    Bernard Arnault is the Chairman and CEO of LVMH, the French luxury goods holding company that owns 60 brands including Louis Vuitton. Louis Vuitton operates independently under its own CEO, Michael Burke, while also being part of the larger decentralized LVMH group structure. Louis Vuitton has expanded significantly in the 2000s and 2010s, opening flagship stores in major cities around the world. Louis Vuitton has a tall organizational structure with many management levels led by Bernard Arnault at the top as Chairman and various other executives in middle management roles running the different business divisions within LVMH.

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    CHAPTER 4 : ORGANIZING

    Louis Vuitton is one of the 60 brands or divisions of the holding company


    LVMH (a French family trust) financially controlled by Bernard Arnault,
    Chairman and CEO who personifies the company. However the structure
    followed a principle of decentralization of decision-making on the group’s
    brand level where brands are considered houses of family history. The value
    of each brand is closely linked with the independence of driving their
    creativity. Each company operates independently because of Michael Burke,
    executive of LVMH, is the chairman and executive of the brand since 2012
    when his predecessors Yves Carcelle and interm Jordi Constans had to step
    away for health reason.

    The group structure is decentralised per operating companies. Therefore,


    Louis Vuitton as a brand operates as departments which are bound to
    geographical markets. In 2002, the LV building in Tokyo’s Ginza district was
    opened. Within 2003, the stores in Moscow, Russia and New Delhi, India
    were opened. Louise Vuitton celebrated its 150 th anniversary in 2004 and
    inaugurated stores in New York City. It also opened its first global store in
    Shanghai. By 2005, Louis Vuitton reopened its store in Paris designed by the
    American Architect Eric Carison and the luxurious store in London in 2010. on
    17 September 2011, the company opened its Louis Vuitton Island Maison at
    Marina Bay Sands, Singapore.

    Louis Vuitton is a tall organization that having a long chain of command


    from top to bottom. It is an organization chart characterized by many levels
    and a relatively narrow span of management. In top level, Bernard Arnault is
    the chairman of Louis Vuitton and the CEO of LVMH Moet Hennessy, the
    world’s leading luxury products group after he became the majority
    shareholder of LVMH Moet Hennessy. Mr. Arnault is also President of the
    Board of Directors of Groupe Arnault S.E. (his family holding company). There
    are 12 positions for the middle level of the management of LVMH.

    Antonio Belloni had joined LVMH in 2001 as Group Managing Director,


    with responsibility for strategic and operational management of Group
    companies. Delphine Arnault has been the Executive Vice President of Louis
    Vuitton since September 2013 and he is in charge of supervising all of Louis
    Vuitton’s product related activities. In 1999, Managing Director of Groupe was
    appointed to Arnault Nicolas Bazire and he became one of the members of
    the LVMH Board of Directors in Development and Acquisitions. Since
    February 2018, Pietro Beccari has been Chairman and CEO of Christian Dior
    Couture. MIchael Burke was appointed CEO of Bulgari and then Chairman
    and CEO of Louis Vuitton in 2012. In 2007, Chantal Gaemperle has joined in
    LVMH as Group Executive. Vice President Human Resources and Synergies.
    Andrea Guerra has held the position as CEO of LVMH Hospitality Excellence.
    Before becoming Chief Financial Officer in 2004, Jean Jacques Guiony joined
    LVMH as Deputy Finance Director in 2003. Chris de Lapuente joined LVMH in
    2011 as Chief Executive Officer of Sephora and let the Maison until
    September 2020. Today he oversees Sephora, Le Bon Marché and the
    Perfumes & Cosmetics division. Philippe Schaus has been CEO of Moët
    Hennessy, the Wines and Spirits division of LVMH since 1 October 2017.
    Sidney Tolendano was appointed Chairman and CEO of LVMH Fashion
    Group, which includes numerous prestigious brands (Celine, Givenchy,
    Loewe, Emilio Pucci, Kenzo, Marc Jacobs, Nicholas Kirkwood, Rossimoda,
    Patou) in February 2018. Jean Baptiste Voisin joined LVMH as Chief Strategy
    Officer in 2006. All of them is the member of the Executive Committee.

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