Week 3 EOC: Making Money for Good

In the fashion industry, there is always opportunities to give back and contribute to the community. It is very important as an employer to instill a great social responsibility policy and for the employee, it is great to work for a company that has values. LVMH Moet Hennessy Louis Vuitton SE, better known as LVMH, is a European multinational luxury goods conglomerate. The LVMH group withing its company comprises 70 exceptional house and is the only group present in all five major sectors of the luxury market. The luxury market includes Wines & Spirits, Fashions & Leathers, Perfumes & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry  and Selective Retailing. As a major company within itself and a parent company for the luxury houses, they make it a priority to give back to the community and to be socially responsible. "LVMH is committed to exemplary social responsibility. This commitment is based on the fundamental principle of respect for people, and making excellence a lever for social and professional inclusion, in solidarity with our host communities." (http://www.lvmh.com/group/lvmh-commitments/social-responsibility/) 

 One of the social responsible acts that LVMH gives back to is the 'Fight Against Sickle Cell Anemia', and LVMH donates money and holds gala's to raise money for the Robert Debre Pediatric Hospital in Paris to sickle cell disease research. LVMH has been donating to the hospital since 2011 and has enabled the team to pursue their research and improve the quality of patient care. "LVMH's patronage has provided key impetus for several important research projects that would otherwise have lacked resources." said Doctor Malika Benkerrou, head of the sickle cell disease center at Riber Debres Hospital (http://www.lvmh.com/group/lvmh-commitments/social-responsibility/the-fight-against-sickle-cell-anemia/) 

 Being a well-known company that has major, successful businesses within its own it is extremely important to be a part of a project or organization that was created to do good and give back. In 2015, LVMH confirmed they would continue to support the pediatric hospital and the research with open-ended support, " When you are fortunate to work in a privileged enviroment, a universe marked by dreams, sharing with the community is something we all feel very strongly about." Chantel Gaemperle, the Group Executive Vice President Human Resources and Synergies, emphasized (http://www.lvmh.com/group/lvmh-commitments/social-responsibility/the-fight-against-sickle-cell-anemia/).