How many business segments does LVMH operate?

LVMH operates within five distinct business segments, each representing a vital area of its diverse portfolio. These segments include Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, and Selective Retailing. This segmentation allows LVMH to maintain a strong presence in various luxury markets, catering to different consumer needs and preferences while leveraging synergies across its brands.

By having these five segments, LVMH can effectively manage its extensive range of products and ensure that each division can focus on its unique strategic objectives. This structure not only enhances operational efficiency but also allows for targeted marketing and brand development, contributing to LVMH's overall growth and success in the luxury goods industry.