Luxury Isn’t Exclusive, It’s Aspirational - How LVMH is Leading The DEI Space with Corey Smith, Head of DEI North America at LVMH Guilty Privilege

Luxury Isn’t Exclusive, It’s Aspirational - How LVMH is Leading The DEI Space with Corey Smith, Head of DEI North America at LVMH

Luxury is oftentimes considered exclusive, perhaps even unattainable - but is that actually truly reflective of what luxury is all about, or are we able to shift the narrative of luxury to be more than just an elite badge of honor or validator?

There are many questions to be tackled in the DEI space when it comes to the luxury industry, and there is no better guest to discuss DEI and luxury with than Corey Smith, Head of Diversity, Equity, and Inclusion (DEI) for North America at Louis Vuitton Moët Hennessy (LVMH) the largest luxury conglomerate on the planet.

From sourcing materials equitably to mitigating biases in recruitment processes, tune in as Corey shares how LVMH not only navigates but leads in the DEI space as a luxury brand. Corey and Amber also talk about logomania, quiet luxury, and other influences that luxury has had on our culture today. It’s time we changed the way we view luxury from something that is exclusive to something that is aspirational - join in on the conversation to see how we can be responsible with our inclusion and equity, even in the luxury space.

KEY POINTS:

• How LVMH navigates and leads in DEI as a luxury brand
• The 3 pillars of LVMH’s DEI strategy
• Is luxury considered a privilege, a necessity, or a bit of both?
• The impact and influence of luxury on our culture
• Ways to keep DEI in mind amidst fluctuating budgets and business operations
• The one thing Corey wishes everyone knew about DEI
• A privilege Corey refuses to feel guilty about

QUOTABLES:

“People usually attach the word luxury with the word exclusivity. I am really trying to shift the narrative, luxury is actually aspirational.” - Corey Smith

“When you walk into our store, I need to treat you like you're a VIP. I don't care if you're here to buy all the logos. I don't care if you're here to buy all the quiet luxury. Either way, welcome. We see you, we value you. Come on in.” - Corey Smith

GUEST INFORMATION:
Corey Smith
IG | @mrcoreysmith - https://www.instagram.com/mrcoreysmith/?hl=en
LinkedIn | https://www.linkedin.com/in/corey-b-smith/

Follow Amber Cabral & The Guilty Privilege Podcast!
Website | https://www.ambercabral.com/
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Twitter | @BamCabral - https://twitter.com/BamCabral
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Grab a copy of Amber’s books at Amazon!
Allies and Advocates: Creating an Inclusive and Equitable Culture - https://www.amazon.com/dp/1119772931?ref_=cm_sw_r_cp_ud_dp_MJ76V1FW739SNBEY6DCG
Say More About That: ...And Other Ways to Speak Up, Push Back, and Advocate for Yourself and Others - https://www.amazon.com/Say-More-About-That-Advocate-ebook/dp/B0B7P3GRHL?ref_=ast_author_dp

Guilty Privilege is produced by EPYC Media Network

View Transcript
Reviews

Just finished the first episode (whispers: via YouTube) and I was NOT ready for the conversation to end. So I came on over to the apple podcast streets to subscribe and listen again on my commute to work. While this is not the work I’m exclusively dedicated to, I want to increase awareness around equity so I can be more intentional in my practice personally and professionally. This conversation is an absolute resource that I have the PRIVILEGE (time) to tap into and I look forward to digging into new episodes every week.

Shada_
Guilty Privilege

Great listen/watch. People really underrate how important emotional intelligence is in business. Hopefully more people will listen and utilize some of the information shared.

WillUBeThere.com
Guilty Privilege

WOW! I am always enthralled by the conversations had and topics discussed on this podcast. As someone who rarely feels motivated or inspired, I am so grateful to have found this podcast. I have shared this podcast with so many people in my life as each episode offers a brilliant mind’s insight. This past episode I had to pull over and just allow myself to feel the the feeling of motivation and then gratitude. This show doesn’t present itself as a self help podcast, nor does it attempt to—for lack of a better word— preach to it’s audience. However, every episode I find myself unapologetically happy with myself. I find myself sharing this podcast hoping others feel this feeling. Having access to this podcast is one privilege I absolutely refuse to feel guilty for—and boy what a privilege it is!

Experiment six two six
Guilty Privilege

I took away so much from this episode. The biggest is recognizing our true enemy. Also, equity is about choices. We have them and we can choose how to use our privilege.

Alaina Doyle
Guilty Privilege

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