Talk:LVMH/Archives/2013

Untitled

"Moet Hennessy Louis Vuitton (usually shortened to LVMH) is the market leader for the sale of luxury goods. The group owes its existence to a series of mergers. Firstly champagne producer Moët et Chandon merged with Hennessy, a leading manufacturer of brandy. In 1987 the drinks group merged with baggage manufacturer Louis Vuitton to form the current group."

But what is it? 'LVMH is a group/company/ blah blah... -SV

It's a company that owns lots of companies. These sorts of companies are often known as groups. Pcb21| Pete 22:30, 26 Jul 2004 (UTC)

I was talking about the Who what when where why??? I made the basic changes - I assume its based in France. -SV 00:50, 27 Jul 2004 (UTC)

LVMF is a luxury good conglomorate that specializes in the production and distribution of alchohol and fashion goods. Some of their key subsidiaries are Hennessey, Louis Vittone, Fendi, and Sephora. They are based out of Paris and the CEO/Chairman of this group is Bernard Arnault. In addition to this, they have headquarters in New York.

I've deleted the mention of Prada (from the second paragraph) as a similar luxury goods conglomerate, as Prada has sold, or is currently selling, its holdings in other designer labels. You can read more about this on Prada's article page and its talk page. -Vincentanton 03:23, 28 June 2006 (UTC)

Wine Project Importance

I would contend that this article merits mid level importance considering the tremendous influence that LVMH has on the world of wine, especially considering its Champagne holdings. I would be curious as to the contentions for a lower importance. Agne^Cheese/^Wine 06:33, 30 March 2007 (UTC)

Maybe if the article said anything about that (beyond listing a few subsidiaries)... It isn't a judge of the importance of the company, but the of the article. Notinasnaid 08:01, 30 March 2007 (UTC)

Not quite. Importance is a collective judge of priority within in a project to dedicate time and resources to. This article is a stub and obviously not developed but that doesn't diminish the relative importance that the subjective matter has to the world of wine. Agne^Cheese/^Wine 08:14, 30 March 2007 (UTC)

I agree, importance must be judged on an article's potential, not by its current state (otherwise there would be no point in assessing both its importance and quality). However, I can't see how this article will ever say more about wine than that LVMH holds some of the major wine companies/producers/brands. All further information (and again the fact that LVMH owns them) can be found on the corresponding pages (Château d'Yquem, Moët, Ruinart, etc. - many of which certainly deserve a higher importance rating). Gotox 19:58, 30 March 2007 (UTC)

I see the point about potential importance, but importance of a subject isn't the same as importance to Wikipedia. Most world brands in beverages are owned by large combines, but we don't often see news about them or read about them in books. Why? I guess because they realise that people don't want to hear about them, and prefer the impression of creative people running each shop. I can only think of two cases where owning combines were written about seriously: the protracted battle to purchase Yquem, and Diaego's difficulties with Carthu. What more is there, really, to say, given that Wikipedia can only recycle what is in news, books, etc.? Notinasnaid 21:23, 30 March 2007 (UTC)

It's a FRENCH company. Suck it up. —Preceding unsigned comment added by 77.58.147.83 (talk) 02:59, 7 May 2009 (UTC)

Motion to delete citation tag

I would like to delete this page's citation tag at the top of the page. Seeing that there are many sources that have been added in the article, and that the ratio of sources to the page's length in general seems to be good, I believe it is neccessary for the tag to be removed. Please feel free to comment. Thanks. BalticPat22Patrick Patrick 21:27, 29 January 2010 (UTC)

Decimal Points?

The page shows the Operating Income as €5.263 million. With the decimal point interpreted in American style, as the other numbers given are. this would be absurd. The current (at this writing) Operating Income of LVMH is 7 220 (that is, 7 thousand millions, or 7 billion) for 2012 from http://www.4-traders.com/LVMH-4669/financials/ I'm guessing it's a typo, that 5 thousand millions (that is, 5 billion) was meant, but the ambiguity between Brit and Yank "billion" and american and european decimal points (inverting the sense of period and comma for decimal point and thousands separator) made it inconspicuous. I guess I should make the edit myself since I found a citation, but blah. Probably just a typo, but it's egregious; 5 million operating income on 30 billion in sales? whatever. Some finance geek can fix it up. Pete St.John (talk) 00:52, 14 November 2013 (UTC)