LVMH plans to recruit 25,000 people under the age of 30 by the end of 2022 and is launching several initiatives to provide access to training and employment for young people from all backgrounds

Within a particularly difficult economic context for younger generations, LVMH is accelerating its HR and Corporate Social Responsibility (CSR) policy dedicated to these groups, particularly in terms of training and access to employment. By the end of 2022, the Group plans to recruit 25,000 young people under the age of 30 worldwide, including nearly 5,000 through internships or apprenticeships, as well as 2,500 through permanent employment contracts in France.

To support this ambition, LVMH is strengthening its “Craft the future” action plan for young people of all backgrounds. After a highly successful pilot project, the Group is opening up access to its educational platform, available at INSIDELVMH.com, for all young people around the world, regardless of their background or training, to learn more about the various luxury trades and prepare for roles in the industry. LVMH will also focus on preserving and passing on skills and recruiting in crafts and sales professions with its “Métiers d’Excellence” program.

In keeping with its commitment to passing on skills, the Group is continuing to help young people build their careers through several initiatives (see box) carried out in partnership with schools and universities in France and abroad. Its “Craft the future” action plan is aimed equally at new graduates and others who have yet to find a job, as well as all everyone with a passion for trades based on excellence, expertise and craftsmanship. These include:

INSIDE LVMH, a unique platform dedicated to the luxury industry and accessible at no cost to all

LVMH is structuring and strengthening its outreach to young people with INSIDELVMH.com, a platform designed to improve students’ knowledge of the luxury sector, provide them with quality training from experts and help them prepare for their careers. Stemming from the “INSIDE LVMH”
in-person meetings launched in 2016, this platform already has more than 16,000 registered users after launching a pilot in spring among partner schools, interns, apprentices and young talent within the Group.

With 50 hours of exclusive content contributed by luxury experts – including employees, HR staff and managers from the Group and its Maisons, as well as teachers from around the world – LVMH is opening the doors to its six luxury business sectors.

In addition to this original content, the platform also offers a training program granting a certificate of completion. The curriculum includes 30 hours of exclusive content in the form of modules and
hands-on case studies, while delivering the “INSIDE LVMH” certificate upon completion. More than 3,000 registered users obtained this certification during the pilot, with the top 400 earning the opportunity to receive mentorship from a Group employee.

A new “INSIDE LVMH” certification session will open on September 28 to young people from all over the world, regardless of their education or background.

Métiers d’Excellence (ME), bringing the next generation into craftmanship

This fall, LVMH is reinvigorating its “Métiers d’Excellence” program, notably with an event on October 19 that will honor the community of talent in expert craftsmanship. The aim of the “Métiers d’Excellence” program is to accelerate the transmission of unique skills, particularly to younger generations, in order to boost their employability.

The “Institut des Métiers d’Excellence” (IME) is continuing to expand its geographical presence. It is now present in six countries (France, Switzerland, Italy, Spain, Japan and recently Germany) and trains apprentices in 27 expert trades across three focal areas: design, craftsmanship and sales. Thirty-nine Maisons of the LVMH Group take part in 34 programs in partnership with 24 schools.

In more detail:

• The IME has trained more than 1,000 apprentices since its creation in 2014: 97% have graduated, 82% obtained a certificate of excellence and nearly 80% were recruited to work in the Group’s Maisons or with their partners.
• Since January 2021, the “Excellent!” program has enabled more than 120 middle school students to discover these expert trades and kickstart their future careers. In April 2021, the 6^th edition of the “Village des Métiers d’Excellence” offered more than 400 apprenticeship contracts at the Group’s Maisons through a digital platform (more than eight hours of exclusive content presenting the Group’s expert trades, as well as job coaching and mentoring from HR teams).
• In October 2021, the IME will enter its 8^th year with a record number of more than 330 apprentices.

“For the past 16 years, LVMH has stood as the most attractive company for business school students in the Universum France ranking. At a time when the COVID-19 crisis has particularly affected the younger generations and impacted their employability, LVMH intends to accompany and support them in a concrete way to build their careers. This is the purpose of our “Craft the future” action plan. Beyond the recruitment figures, it is essential for the Group to commit to the employability of young people by improving the visibility and knowledge of our expert trades.” says Chantal Gaemperle, Director of Human Resources and Synergies, LVMH

—

LVMH and young people: key facts and figures

Attraction & recruitment: 25,000 young people under the age of 30 recruited worldwide by the end of 2022

• Including 2,500 on permanent contracts in France
• Including 5,000 internships or apprenticeships in France
• For 16 years, LVMH has ranked 1^st in the Universum list of the most attractive companies for business school students in France

Employability & Knowledge of LVMH

• INSIDE LVMH: a successful pilot open to everyone
  • 16,000 enrolled in the pilot, reaching a target of students from partner schools, interns, apprentices and young talent from the Group’s Maisons
  • 50 hours of content developed with professors, Group employees and industry experts
  • 3,000 INSIDE LVMH certifications obtained
  • 1 digital platform : INSIDELVMH.COM
  • 1 LVMH certification
• University/school partnerships: continuation and renewal of the Group’s 12 key partnerships in France and abroad with top universities (ESSEC, HEC, Sciences Po, Bocconi, CEMS, Polytechnique, CentraleSupélec, IFM, Central Saint Martins, SMU, LSE, EDHEC)
• “Start your Journey with LVMH”: a digital event that the Group and its Maisons launched in 2020 and will repeat in 2021 to connect young people looking for a job or internship with opportunities in the Group. In 2020, more than 4,000 young people registered and met with Group talent and recruiters.

Skill transmission & Equal opportunities

• “Institut des Métiers d’Excellence” (IME)
  • 27 expert trades in three areas: design, crafts and sales, 34 programs at 39 Maisons in 6 countries (France, Switzerland, Italy, Spain, Germany and Japan) and 24 partner schools;
  • 1,400 people trained since the creation of the IME;
  • 97% of apprentices obtained a diploma and 82% of apprentices received the certificate of excellence;
  • Job placement rate of around 80%.
•  6 editions of the LVMH “Métiers d’Excellence” Village, for middle and high school students in Clichy-sous-Bois and Montfermeil (municipalities in Seine-Saint-Denis); in 2021, the Métiers d’Excellence Digital Village offered more than 400 apprenticeship contracts in expert trades.
•  “Excellent!”: this new awareness and orientation program organized by “Métiers d’Excellence” at 4 middle schools in Clichy-sous-Bois and Montfermeil since January 2021 has reached over 120 students.
•  3^ème internships in partnership for more than ten years, organized five times a year, for 108 trainees from five middle schools in Clichy-sous-Bois and Montfermeil.
•  “Nos quartiers ont des talents” (“Our neighborhoods have talent”): more than 150 employees mobilized to mentor young people (double the number in 2019). Since 2007, 685 young people have found a job after being mentored by an LVMH employee.

Inclusion & Access to employment

• Arpejeh: an association co-founded by LVMH that helps young people (students) with disabilities learn about companies. Today, more than 100 companies have joined the association and nearly 15,000 young people have received support since its creation. During the 2020-21 school year, 270 young people took part in an initiative with LVMH (discovering the company, mentoring or work-study programs, etc.).
• “L’Institut des Vocations pour l’Emploi” (LIVE) (Vocational Employment Institute)
  • An organization supported by LVMH and chaired by Brigitte Macron to give adults over 25 who have dropped out of the workforce another chance to find employment. The organization has opened three LIVE institutes: the first in September 2019 in Clichy-sous-Bois in the Paris suburbs, the second in Valence in March 2021 and the third in Roubaix in July 2021 on the Jean Arnault Campus shared with EDHEC.
  • The new school year will start during the week of September 20 and the three campuses will welcome 180 new “Livers” determined to build a career plan and join the workforce.
  • Candidates identified together with local employment and integration partners follow a three or six-month course with the support of a learning team to outline a career plan and make every effort to achieve their goals. Since its creation in September 2019, LIVE has accompanied more than 200 adults on their path to employment, with a success rate of over 75%.