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LVMH MO╦T HENNESSY LOUIS VUITTON SE

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LVMH MoŰt Hennessy Louis Vuitton : November 15, 2022 First edition of LVMH Data Summit headlines a rich agenda of datascience events

11/15/2022 | 12:52pm EST

The LVMH Data Summit from November 14-16 is part of a global strategy to accelerate the contributions of data to our businesses as a key lever to drive development. This digital acceleration is spearheaded by both the LVMH Group and our Maisons.

A host of initiatives have been introduced across the LVMH Group in recent years to expand the use of data. In 2019, LVMH partnered with Kaggle Days, an international competition for data scientists, and in 2021 the Group announced a strategic partnership with Google Cloud. This latter collaboration is designed to accelerate innovative data practices thanks to cloud-based artificial intelligence (AI), which touches every part of the LVMH value chain, from product development and supply chain to engagement with employees, partners and customers. During the VivaTech 2022 show, LVMH launched its Data Academy, a training and certification program for teams at its Maisons aligned with the same objectives as the partnership with Google, while seeking to nurture a broad culture of data innovation and knowledge among staff. Over 900 LVMH employees have already acquired a deeper understanding of the challenges involved and the potential of future-facing data solutions. What's more, this past October LVMH rolled out an internal collaborative media platform called Forward to share and promote information and initiatives spanning all things digital among Group employees.

This data push is a fresh opportunity to expand the Group's spaces for sharing knowledge, use cases and best practices thanks to a series of special events:

  • LVMH x Kaggle Days kicks off a new edition on November 14, hosting compelling meetups and workshops with data science experts, supported by several Maisons including Sephora, Louis Vuitton, Dior, Celine and Bulgari.
  • Then the very first LVMH Data Summit will take place on November 15-16. This data-centric event will welcome senior executives from Maisons, many of which rely on data for day-to-day activities encompassing retail, media, e-commerce, supply chain, digital marketing, CRM and much more.


For the full agenda of LVMH x Kaggle Days, visit Kaggle Days.

Disclaimer

LVMH - Moët Hennessy Louis Vuitton SE published this content on 15 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2022 17:51:03 UTC.


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Sales 2022 78 791 M 85 503 M 85 503 M
Net income 2022 14 716 M 15 969 M 15 969 M
Net Debt 2022 21 283 M 23 096 M 23 096 M
P/E ratio 2022 28,6x
Yield 2022 1,48%
Capitalization 416 B 451 B 451 B
EV / Sales 2022 5,54x
EV / Sales 2023 5,09x
Nbr of Employees 157 953
Free-Float 51,0%
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Last Close Price 829,40 €
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Bernard Arnault Chairman & Chief Executive Officer
Jean-Jacques Guiony Chief Financial Officer
Charles de Croisset Lead Independent Director
Yves-Thibault de Silguy Independent Director
Hubert VÚdrine Independent Director
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