Accusition of LVMH Term Paper

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Acquisition of LVMH

LVMH (Moet-Hennesy Lousi Vuitto

A business plan is vital when planning on acquiring a company. The business has to prove that it can withstand the competition in the market and whether it can attract clients, key employees and other relations. The company background must be well scrutinized showing all the balance sheets to confirm how it has been performing. The company's projection must all be noted before acquiring this company. LVMH has a unique method of supplying its own products.

This is a company that has been in the market long enough and has survived the economic crisis. Since its merger in 1987, this company has only shown growth while adding new products to its markets all the time. The profit margins are great with an excellent working team. The SWOT analysis shows an increase in sales by the year. The supplies have met the demand which is a positive indication of its performance. With its unique business, the competition is not stiff at the moment hence a wider market. The marketing strategy is enhanced by the technologies being applied by the marketing team and is diversified enough to reach to every citizen.

Background Information

LVMH is a company that was created back in 1987 and has been among the biggest vendors of luxury goods. Some of the products involved include handbags, champagnes and perfumes.

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It has divisions in the leather products and perfumes which are prominent brands like Kenzo, Celine, and Givenchy among others. In the wine and spirits group there is Hennessey, Dom Perignon, Krug, and Moet Chandon. The company was however started by Vuitton back in 1954 for packing for wealthy travelling men. He started off by packing their clothes but later due to his expertise and knowledge in wood and satin, he started packing their creations. He built workshops and started transporting wood and he later focused on trunk-making other than packing. Then there was his partner Moet Hennessey whose lines were in perfume and champagnes and together they formed this great company.

Company assessment

This is a company that has shown potential growth by the number of stores and the net profits that are reflected by the research reports. The company has entered into major partnerships, and this helps it remain competitive in the markets. One of such companies is the Italian Prada and it acquired a majority stake in the fashion house. The company also partnered with Thomas Pink a shirt designer and they also purchased Phillips Auctioneers. These are major strengths of this company using the strategy of partnership to beat competition.

Financial Data (Millions Euros)

2006

2007

2008

2009

2010

Sales

15300

16400

17200

17000

20300

Net returns.....

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