Lvmh Management Control

Cost account statement and way Control LVMH: Cost Accounting and Management Control Executive Summary A) Introduction - origination of LVMH (story, brands, products) - Results of the assort: good financial performance for the last historic period with harvest-festival of the sales and of the net profit, 2010 was a record year with wondrous results - Good financial and commercialised prospects with an encouraging year 2011 back up by a constant growth in the emerging markets - Strategy of the assemblage: variegation of its brands portfolio B) Operating review - uprise analysis C) Conclusion - Summary of the analysis - Recommendation whether a consultancy group should approach this partnership - LVMH is a good investiture A) INTRODUCTION LVMH is not just close numbers (Bernard Arnault, chairman and CEO of the LVMH Group) Created in 1987 and establish in Paris, LVMH Louis Vuitton Moët Hennessy is a world-leading brand in the prodigality sector. In 2011, more(prenominal) than 80.000 employees work for the group, 77% of whom are based abroad. LVMH possesses more than 60 sub companies, including Louis Vuitton, Guerlain, Chrisian Dior, Fendi Bernard Arnault, chairman and CEO of the group, owns approximately 48% of its shares.

The company is listed on the Euronext Paris exchange, and is a particle of the CAC 40 index. The companies possess by LVMH operate in 5 major activities that compensate the five business units of the group: -Wines and liven up (14% of sum total revenues for the first 9 months of 2011), -Fashion and Leather Goods (38%) -Perfume s and Cosmetics (14%) -Watches and jeweller! y (7%) -Selective Retailing (27%) The groups revenues for the first 9 months of the year 2011 amount €16.3 billion, equivalent to a 15% growth (reported and organic) compared to the first 9 months of 2010. For the expert year 2010, the group revenues had reached €20.3 billion, a 19% growth (reported) compared to 2009. eon the CAC 40 index dropped by 18% since the...If you want to jack off a full essay, coordinate it on our website: BestEssayCheap.com

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