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LVMH questions with 100% correct answers A+ rated
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LVMH - correct answer ✔✔louis Vuitton mote Hennessey world biggest fashion and luxury goods group 50 brands and companies Success - correct answer ✔✔2 people sustaining relationship is key Designer - correct answer ✔✔Respects brand Brand - correct answer ✔✔Trusts designer Control - correct answer ✔✔directly owned stores control price, know customer, promote brand image. Profits - correct answer ✔✔Vuitton: 80, gucci 50, armani 40 Limit Licensing - correct answer ✔✔grants rights to name production, receive fee and 3-8% of gross sales. popularity- brand dilution control distribution - correct answer ✔✔piracy, parallel importing.