Full-Time
Associate Manager
Product Innovation
Posted on 9/10/2026
LVMH
10,001+ employees
Manages a global luxury brands conglomerate
Compensation Overview
$85k - $105k/yr
New York, NY, USA
Hybrid
Bachelor's, Master's
 Product (1) |
|---|
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- At least 3 years of experience in cosmetic product development, including required skincare experience.
- Experience working day to day with research and development teams to discuss technical formulation details.
- A good understanding of the cosmetic industry and its regulatory environment.
- Strong organization and planning skills with attention to detail.
- Strong written and oral communication skills with internal partners and external vendors.
- Strong analytical skills and effective presentation-building ability.
- Proficiency in Excel and PowerPoint.
- Willingness to learn about product trends, ingredients, textures, claims, and sustainability.
- Curiosity and an open mindset to identify new sources of inspiration for product innovation.
- Occasional travel.
- A Bachelor's degree.
- Work with the Director of Product Innovation to manage project execution with research and development teams and ensure product-development milestones are reached on time and in full.
- Support testing-needs definition, create questionnaires, and manage product-testing execution and associated timing, including safety, efficacy, and consumer panels.
- Write and publish detailed Product Profiles defining concepts, product features, benefits and claims, and key ingredients, and present them with products to Marketing and Creative teams.
- Manage product reformulation in line with company strategy and regulations.
- Manage ideation and the search for new ingredients with research and development teams and external raw-material suppliers, including the new-ingredient database.
- Monitor competitive product innovation, ingredient technologies, claims, and emerging marketing and communication trends in the beauty industry.
- Review project timelines with cross-functional teams and adapt them as needed to keep launches on target.
- Prepare and manage product briefs for research and development review to finalize concepts, research, feasibility, and development parameters.
- Participate in ideation of new product concepts, define benchmarks, and conduct research to support concepts.
- Track product submissions and approvals, evaluate formula submissions, and provide feedback and redirection to research and development.
- Attend bi-weekly briefing sessions with cross-functional teams to track development progress and launch-calendar plans.
- Work with the packaging team to develop packaging options in sync with formula and texture.
- Work with Regulatory and Legal teams to ensure product-formula and claims compliance in existing and emerging markets.
- Review copy for packaging, marketing collateral, and training materials for storytelling, marketing, and education needs.
- Develop understanding of the product-development process, key documents, and timelines.
- Support creation of key documents related to new product development.
- Present product innovation to cross-functional partners.
- Participate in product evaluations, team brainstorming, and ideation sessions for new launches with co-founders.
- Personal experience in formulation.
- Broad and in-depth knowledge of skincare ingredients.
- Experience working in or strong knowledge of Asian markets.
- Ability to translate high-science information into consumer-friendly language.
- A preferred focus on sciences, marketing, or another related field.
- A graduate degree.
LVMH is a global luxury goods group that owns brands across fashion, cosmetics, wines and spirits, and other high-end categories. It operates through brand-owned houses that design, manufacture, market, and sell premium products in its own boutiques and through selected retailers worldwide. It differentiates itself by being a diversified conglomerate with many renowned brands and tight brand control, using cross-brand resources and selective acquisitions to strengthen its portfolio. Its goal is to lead the luxury market by expanding its brand lineup and geographic reach while maintaining the exclusive image of its houses.
Company Size
10,001+
Company Stage
IPO
Headquarters
Paris, France
Founded
1923
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Simplify's Take
What believers are saying
- H1 2026 revenue reached €38.6 billion, with 2% organic growth and 3% Q2 acceleration.
- Wines and Spirits returned to growth, with organic revenue up 5% and profit up 11%.
- Asia ex-Japan showed strong growth in Q1 2026, reinforcing China recovery since late 2025.
What critics are saying
- Reported H1 2026 revenue fell 3%, exposing currency pressure and weak tourist spending.
- LVMH sold Abu Dhabi DFS and Marc Jacobs, signaling portfolio contraction under margin pressure.
- If China luxury demand relapses in 2027, fashion and leather revenue stalls hardest.
What makes LVMH unique
- Louis Vuitton, Dior, and Hennessy combine unmatched brand pricing power across fashion and spirits.
- Bernard Arnault still controls capital allocation, enabling acquisitions, pruning, and centralized portfolio discipline.
- Beauty and travel retail let LVMH monetize consumers across ownership, gifting, and tourism.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
Flexible Work Hours
Remote Work Options
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Gym Membership
Phone/Internet Stipend
Professional Development Budget
Conference Attendance Budget
Stock Options
Company Equity
Family Planning Benefits
Fertility Treatment Support
Tuition Reimbursement
Mentorship Program
Dependent Care Benefits
Employee Discounts
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 5%2 year growth
↑ 5%Luxury Wines and Spirits Market: competitive landscape & Future outlook. The Luxury Wines and Spirits Market is a highly competitive arena where established luxury conglomerates and agile spirits producers vie for the attention of discerning consumers. As the market shifts towards experiential engagement, direct-to-consumer channels, and advanced authentication The Luxury Wines and Spirits Market is a highly competitive arena where established luxury conglomerates and agile spirits producers vie for the attention of discerning consumers. As the market shifts towards experiential engagement, direct-to-consumer channels, and advanced authentication, the strategies of key players are evolving. This article profiles the major competitors, examines their strategic initiatives, and outlines the future growth opportunities and challenges. Market dynamics. Key players and strategic positioning. The market features a mix of luxury conglomerates and specialized spirits producers. Key players include LVMH (Moët Hennessy Louis Vuitton), Diageo plc, Pernod Ricard SA, Bacardi Limited, Brown-Forman Corporation, and Rémy Cointreau. These companies compete on brand heritage, exclusivity, and global reach. * LVMH accelerates experiential luxury strategies through exclusive champagne tourism and premium retail partnerships . * Diageo established the Diageo Luxury Group to unify luxury spirits operations and accelerate growth across premium Scotch, tequila, and rare spirits categories . * Pernod Ricard expanded premium whisky and cognac visibility across Asia-Pacific and global duty-free markets . * Rémy Cointreau strengthened its luxury mixology strategy through partnerships with The World's 50 Best Bars. Strategic initiatives: acquisitions, partnerships, and digitalization. The key strategic initiatives are centered on acquisitions, partnerships, and direct-to-consumer channels. In June 2025, Treasury Wine Estates accelerated its luxury-led portfolio strategy by prioritizing Penfolds and other premium wine assets across Asia and North America. In June 2025, Diageo India's United Spirits subsidiary acquired NAO Spirits, producer of Greater Than and Hapusa premium craft gins, for USD 15.2 million, marking a strategic entry into India's fast-growing artisanal gin segment. Companies are also increasing exclusive membership programs, cellar experiences, and digital personalization capabilities to strengthen customer loyalty and improve margins. Future growth opportunities. The market presents significant opportunities. Rising demand in emerging Asian markets is a key growth area. The expansion of luxury travel retail channels offers substantial potential. Innovation in authentication technologies, such as AI-driven track-and-trace systems, provides a competitive edge. Sustainability-driven rare cask programs and experiential brand engagement are also key growth vectors. Challenges and constraints. The market faces significant challenges. Counterfeit and illicit trade undermine brand integrity. Stringent excise taxation and import duties in various countries create barriers. Climate change impact on ultra-premium vineyard yields is a growing concern. The rising sober-curious movement in developed markets also presents a demand-side challenge. Additionally, supply chain fragility and raw material volatility, such as unpredictable weather patterns in key regions, impact harvest yields and quality. Regional outlook. Future growth will be driven primarily by the Asia-Pacific region, where a growing affluent population presents immense potential. Europe will remain a key market for heritage and tradition. North America will continue to drive premiumization trends. Luxury alcohol brands looking for high-growth prospects are increasingly concentrating on Asia-Pacific. Competitive landscape. The competitive landscape is set to evolve towards greater digitalization and experiential engagement. Companies that can successfully integrate advanced authentication, offer immersive brand experiences, and build strong direct-to-consumer channels will thrive. The focus is shifting from product push to brand pull, driven by storytelling and exclusivity. Conclusion. The Luxury Wines and Spirits Market is a high-stakes arena defined by heritage, innovation, and strategic competition. Strategic investments in experiential engagement, authentication technology, and emerging markets are key to capturing market share. The future belongs to brands that can master the art of storytelling, protect brand integrity, and offer exclusive, authentic experiences that resonate with the world's most discerning consumers. FAQs. 1. Who are the key players in the Luxury Wines and Spirits Market? Key players include LVMH, Diageo, Pernod Ricard, Bacardi, and Brown-Forman. 2. What are the main strategies of these key players? Strategies include strategic acquisitions, experiential luxury partnerships, and investment in digital personalization and direct-to-consumer channels. 3. What are the main challenges facing the market? Key challenges include counterfeiting, stringent taxation, climate change impacts on vineyards, and the sober-curious movement.
LVMH appoints Alexandre Oulès Chief Operating Officer of beauty division. THE WHAT? LVMH has appointed Alexandre Oulès as Chief Operating Officer of its Beauty division, a newly created role within the organisational structure being implemented under Beauty division President and CEO Véronique Courtois. THE DETAILS Oulès will oversee manufacturing, supply chain and purchasing across LVMH Beauty, with a mandate to increase operational convergence between the group's beauty maisons and support profitability and sustainable growth. He joins from Balenciaga and previously spent much of his career at LVMH, holding senior operational roles at Guerlain, Celine and Moët Hennessy, with expertise spanning product development, manufacturing, purchasing, quality, regulatory affairs and global supply chains. THE WHY? The newly created position signals LVMH's push to increase integration and operational efficiency across its beauty portfolio, bringing manufacturing, procurement and supply-chain leadership under a more coordinated divisional structure.
WWD Honors to recognize Goldfarb, Ackermann, Rider and Zankov. The annual gala event, which will be held Oct. 27, will give WWD Honors to G-III's Morris Goldfarb, Haider Ackermann of Tom Ford, Michael Rider of Celine and Henry Zankov. August 24, 2026, 12:01am Women's Wear Daily has revealed additional honorees who will be recognized at the annual WWD Honors gala the evening of Oct. 27 at Cipriani South Street in Manhattan. The gala will take place the first night of the WWD Apparel & Retail CEO Summit on Oct. 27 and 28. The additional honorees are: * Morris Goldfarb, chairman and chief executive officer of G-III Apparel Group, with the WWD Creative Leadership Honor; * Haider Ackermann, creative director of Tom Ford, with the WWD Honor for Womenswear Designer of the Year; * Michael Rider, artistic director of Celine, with the WWD Honor for Menswear Designer of the Year; * Henry Zankov of his own label and Diane von Fustenberg, with the WWD One to Watch Honor. They join as honorees Bernard Arnault, chairman and CEO of LVMH Moët Hennessy Louis Vuitton, who will receive the WWD John B. Fairchild Honor. Additional honorees will be revealed in coming weeks. Goldfarb is being recognized for his long career leading G-III, one of the most successful U.S. apparel companies that owns brands such as Donna Karan, DKNY, Karl Lagerfeld, Sonia Rykiel, Vilebrequin, Andrew Marc and G.H. Bass. It also holds the licenses for brands including Champion, Converse, Cole Haan, Kenneth Cole and more. You May also like. G-III's most recent deal involved forming a 50-50 venture with WHP Global for the Marc Jacobs brand, which involves it acquiring and managing the global Marc Jacobs operating business. The Colombian-born Ackermann was named creative director of Tom Ford fashion in September 2024, the latest chapter in a long career that has included his own brand as well as stints at Berluti and Canada Goose, where he remains creative director. At Tom Ford fashion, which is owned by Ermenegildo Zegna Group, he has applied his tailoring skills to a fall 2026 collection filled with dark-edged tailoring that he said was about "standing straight in life, facing everything that's happening in the world." Rider was named Celine's artistic director in October 2024 and showed his first collection for the house in July 2025. He previously was creative director at Polo Ralph Lauren and worked for a decade at Celine with Phoebe Philo. Over the last year he has carved out a strong image for the brand, which is owned by LVMH, injecting a preppy, optimistic vocabulary. His men's show in Paris in June was one of the season's standouts, and was, as WWD wrote, "an exhilarating display" that "felt like we were finally seeing something new." The Russian-born, American designer Zankov worked at several brands, including DKNY/Donna Karan, Edun and DVF, before launching his own brand, which he presented for several seasons before holding his first runway show in September 2025. He was named artistic director of the DVF label in May. "The talent we recognize at WWD Honors this year is truly the gold standard of vision and craftsmanship that WWD has stood for, for over 100 years: they continually raise the bar, challenge our perspective, and redraw the boundaries of the cultural and business landscape," said Amanda Smith, CEO of Fairchild Media Group. "I am so proud we have this platform to spotlight not only their extraordinary achievements this year but acknowledge the promise of what they will build tomorrow." "We are excited to recognize the achievements of Haider, Michael, Morris and Henry, adding to the stellar lineup for this year's WWD Apparel and Retail CEO Summit and WWD Honors," said James Fallon, chief content officer of WWD and Fairchild Media Group. "Haider and Michael have rapidly turned their Tom Ford and Celine shows into must-sees in Paris, while Morris has successfully built G-III into a major designer fashion player. Meanwhile, Henry has become one of the fastest-rising stars in New York Fashion Week and now leads both his own label and the creative direction of Diane von Furstenberg. Congratulations to all four honorees." The annual star-studded WWD Honors event brings together the industry's leading executives, creatives and changemakers for an evening recognizing those whose work continues to define the future of fashion, beauty and retail. The 2026 WWD Honors event is sponsored by presenting partner Aily Labs. Event Partners also include Aetrex, Boston Consulting Group, Disney Consumer Products, Google, JP Morgan, Katten, Pixel Moda, and more to follow. Newsletters
Europe's luxury giants are showing cautious optimism about China's market recovery. Chinese household consumption is stabilising, with some categories like high-end cosmetics rebounding, according to Bloomberg Intelligence analysts. The market remains under pressure, with sales at the 25 biggest luxury labels dropping over 10% in July. However, earnings estimates suggest improvement ahead. Kering is expected to return to sales growth in the region by Q4, whilst Hermès should see growth accelerate. Burberry reported a 9% jump in Greater China retail sales, driven by Gen Z demand and localised marketing. LVMH noted China "appears to be stabilising" after several quarters of decline, with improving trends in cognac and beauty. Kering's CEO called China a "top strategic priority".
LVMH sells Abu Dhabi duty-free operations to Falic Group. Posted On August 19, 2026 CPP-LUXURY LVMH is divesting its stake in the travel retail company DFS, which operates in the duty-free segment. The Miami-based Falic Group, operator of Duty Free Americas, has reached an agreement with the group to acquire the entire business at Abu Dhabi's Zayed International Airport. The financial terms of the deal were not disclosed. The transaction is expected to close in the third quarter. In a statement shared with WWD, Falic stated that the acquisition will provide Duty Free Americas with "an immediate, large-scale presence in one of the travel retail markets with the greatest growth potential - the Middle East." Zayed International Airport is the second-largest airport in the United Arab Emirates, with the capacity to handle up to 45 million passengers a year. Last year, 32 million travelers passed through the airport. According to Falic, the concessions to be transferred to Duty Free Americas include some of the most sought-after brands in luxury and contemporary fashion, watches, jewelry, and sunglasses. Luxury brands present in the terminal include Balenciaga, Boss, Bally, Bottega Veneta, Burberry, Bvlgari, Coach, Gucci, Hermès, Kenzo, Omega, Saint Laurent, Ferragamo, and Zegna. LVMH continues to divest itself of assets. The French group, which sold Marc Jacobs last May and then the French fashion house Patou, is now selling its business at Abu Dhabi Airport. LVMH ended the first half of 2026 with revenue of €38.644 billion, representing a 3% decline compared to the same period last year. However, the group's net income remained stable.