Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)

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LVMH Case Study: Enhancing Efficiency and Competitiveness through Digital Transformation in Financial Management

Authors
Qinyu Guo1, *
1Leeds University Business School, University of Leeds, Woodhouse Lane, Leeds, West Yorkshire, LS2 9JT, UK
*Corresponding author.
Corresponding Author
Qinyu Guo
Available Online 3 July 2025.
DOI
10.2991/978-94-6463-748-9_73How to use a DOI?
Keywords
Digital; Transformation; LVMH; Financial; Luxury; Efficiency; Competitiveness
Abstract

In the long river of the era of rapid digital development, the luxury industry needs to undergo synchronous digital transformation if it wants to develop and not be eliminated. In various fields of digital transformation, financial-related digital transformation is particularly important. Therefore, this paper explores the digital transformation of financial management of LVMH, a leading company in the luxury industry, and evaluates its impact on efficiency and competitiveness. The transformation provides a benchmark for technology and how to face challenges. In addition, it includes the driving factors behind LVMH’s transformation and the tangible advantages and disadvantages and potential opportunities and challenges it brings. Through these findings, not only does it express LVMH’s role in the digitalization of the luxury industry, but it also puts forward suggestions for optimizing LVMH’s digital transformation. Finally, this paper provides valuable insights for academia and practice. It helps to understand financial digitalization and fills the gap between theory and practice in rapid development.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 July 2025
ISBN
978-94-6463-748-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-748-9_73How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Qinyu Guo
PY  - 2025
DA  - 2025/07/03
TI  - LVMH Case Study: Enhancing Efficiency and Competitiveness through Digital Transformation in Financial Management
BT  - Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
PB  - Atlantis Press
SP  - 657
EP  - 665
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-748-9_73
DO  - 10.2991/978-94-6463-748-9_73
ID  - Guo2025
ER  -