answersLogoWhite

0

Louis Vuitton's primary business objectives include maintaining its status as a leading luxury brand by delivering high-quality products and exclusive experiences. The company aims to expand its market presence globally while preserving its heritage and craftsmanship. Additionally, Louis Vuitton focuses on innovation in design and sustainability to attract a diverse consumer base and enhance brand loyalty. Ultimately, the goal is to drive profitability while reinforcing its brand prestige.

User Avatar

AnswerBot

4mo ago

What else can I help you with?

Continue Learning about Marketing

Marketing strategies of Louis vuitton?

Well Louis vuitton is very high priced and if you really want somthing from Louis vuitton i would suggest a fake would be the best if you cant afford it


Does LVMH Moet Hennessy Louis Vuitton SA make champagnes?

LVMH Moet Hennessy Louis Vuitton SA makes champagnes


What is LVMH Moet Hennessy Louis Vuitton SA?

LVMH Moet Hennessy Louis Vuitton SA is a manufacturer of high quality luggage based in Paris, France


Why did Louis Vuitton start his own business?

Louis Vuitton started his own business to pursue his passion for craftsmanship and to create high-quality travel trunks that catered to the needs of the growing affluent class in the mid-19th century. After gaining experience as a box-maker and packer, he recognized a gap in the market for stylish, durable luggage. His innovative designs, including flat-topped trunks for stacking, quickly gained popularity, leading him to establish the Louis Vuitton brand in 1854. This entrepreneurial venture allowed him to combine his skills with a keen understanding of customer needs, ultimately setting the foundation for a luxury empire.


Why are aims and objectives important to a business?

Aims and objectives are important to a business because it gives them a 'sense of direction'- in other words, it shows a business what its goals are and what the business wants to do. There are different types of objectives businesses have and range from corporate objectives that focus on what the business wants to achieve as a whole. Financial objectives that show a business what financial position a firm aims to be in. Other objectives include marketing objectives and HR objectives.