100% SOLVED 2025
A brand DNA is based on... - CORRECT ANSWE✅✅ - - Heritage
- Values
.A brand DNA is crucial for Maisons as it directly impacts: - CORRECT
ANSWE✅✅ - - the product development
- the communication
- the retailing
- the organization
.A commonly used definition of Sustainability is based on three pillars:
maximizing simultaneously the biological system goals, economic system goals,
and social system goals. - CORRECT ANSWE✅✅ - True
.A key stake and commitment of LVMH is to develop its talents in Retail. Those
Talents represent at LVMH: - CORRECT ANSWE✅✅ - More than the half of the
employees worldwide
.A key stake of the luxury retail is to offer exceptional customer experiences. -
CORRECT ANSWE✅✅ - True
.According to Anne Michaut from HEC Paris, what are the purposes of retail
today? - CORRECT ANSWE✅✅ - - Magnifying the product
- Celebrating the brand
- Nurturing client's emotion
,.According to Anne Michaut, select key principles of Luxury. - CORRECT
ANSWE✅✅ - - Consumers have a range of consumption motivations.
- Consumers tend to express their values through the brands they select.
- Brands can become powerful personal branding tools as they project clear and
strong values.
- Brands can deliver higher perceived value to their customers by expressing their
own values.
.According to Bain & Company, by 2030 and within the personal luxury goods
market, the online sales will represent... - CORRECT ANSWE✅✅ - 33% of the
luxury sales
.According to Bain & Company, by 2030, online sales will represent... -
CORRECT ANSWE✅✅ - 33% of the luxury sales
.According to Bain & Company, China will be the largest market for personal
luxury goods in 2030. - CORRECT ANSWE✅✅ - Agree
.According to Bain & Company, the personal luxury goods market is expected to
achieve an annual growth rate of 1% until 2030. - CORRECT ANSWE✅✅ -
False
.According to Carole Bildé, her first role as Marketing and Communication
Director for Veuve Clicquot is to... - CORRECT ANSWE✅✅ - engage customers
and make Veuve Clicquot the most desirable Champagne brand
, .According to Dana from Tiffany and Co., ensuring you have a diverse team in
terms of skill set, proficiencies, thought, behavior and even personality type is
critical to boost innovation and creativity. - CORRECT ANSWE✅✅ - Yes
.According to Dana Naberezny, to boost innovation, you need to create an
environment, process and therefore a culture where people have trust and the
resources to ideate. - CORRECT ANSWE✅✅ - Agree
.According to Erwan Rambourg the young generation of luxury buyers have
transformed the luxury industry in certain areas such as casualization, social media
or values. - CORRECT ANSWE✅✅ - True
.According to Nelly Mensah, LVMH is leveraging Emerging technologies. They
include ... - CORRECT ANSWE✅✅ - - Blockchain
- Web3
- 3D
- GenAI
- Immersive experiences
.According to Nina Cooper from Parfums Christian Dior, a key challenge in the
omnichannel world is to talk to different customers through various channels while
conveying the same message. - CORRECT ANSWE✅✅ - Agree
.According to Nina Cooper from Parfums Christian Dior, each category such as
Fragrance, Make-Up and Skincare has a different purpose for the brand, but all of
them have to be align with the brand DNA. - CORRECT ANSWE✅✅ - True