Inside LVMH Certificate Practice Test

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Question: 1 / 400

In what year was LVMH founded?

1985

1987

LVMH, or Moët Hennessy Louis Vuitton, was founded in 1987. This year marked the merger of two major French companies: Louis Vuitton, a leading luxury goods company founded in 1854, and Moët Hennessy, formed through the merger of Moët et Chandon and Hennessy in 1987. The establishment of LVMH symbolized the creation of a premium luxury group that would dominate the global market, encompassing various sectors such as fashion, cosmetics, and wines & spirits. The significance of this merger and the subsequent establishment of LVMH is crucial in understanding the company's strategy to consolidate brands under a shared corporate umbrella, enhancing their market reach and luxury positioning. Therefore, 1987 is not just a founding date but a pivotal moment in luxury industry history.

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1990

2000

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