LVMH

<p>LVMH Moët Hennessy Louis Vuitton SE (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), commonly known as LVMH, is a French <a href="/facts/Multinational_corporation/qrMQSMTb">multinational</a> <a href="/facts/Holding_company/nBGIp6rU">holding company</a> and <a href="/facts/Conglomerate_(company)/YBbUVg1d">conglomerate</a> that specializes in <a href="/facts/Luxury_goods/WGfwoF5a">luxury goods</a> and has its headquarters in <a href="/facts/Paris/DrNHpwnA">Paris</a>, France. The company was formed in 1987 through the <a href="/facts/Mergers_and_acquisitions/YfczSf3M">merger</a> of fashion house <a href="/facts/Louis_Vuitton/MQVyF4Ez">Louis Vuitton</a> (founded in 1854) with Moët Hennessy, which had been established by the 1971 merger between the <a href="/facts/Champagne/uI9puwT8">champagne</a> producer <a href="/facts/Mo%25C3%25ABt_%2526_Chandon/oRYbvUUr">Moët & Chandon</a> (founded in 1743) and the <a href="/facts/Cognac/uCQKP2ak">cognac</a> producer <a href="/facts/Hennessy/FWVzxB6x">Hennessy</a> (founded in 1765). In April 2023, LVMH became the first European company to surpass a valuation of $500 billion. In 2023, the company was ranked 47th in the <a href="/facts/Forbes_Global_2000/cpxW0UVa">Forbes Global 2000</a>.
</p><p>LVMH controls around 60 <a href="/facts/Subsidiary/l25YN38x">subsidiaries</a> that manage 75 luxury brands. In addition to Louis Vuitton and Moët Hennessy, LVMH's portfolio includes <a href="/facts/Dior/kx0BwVz4">Christian Dior Couture</a>, <a href="/facts/Givenchy/QmWaVwl0">Givenchy</a>, <a href="/facts/Fendi/w2Dlhm0M">Fendi</a>, <a href="/facts/Celine_(brand)/1g5XBRVo">Celine</a>, <a href="/facts/Kenzo_(brand)/70IQvdDL">Kenzo</a>, <a href="/facts/Tiffany_%2526_Co./yKNRwewI">Tiffany</a>, <a href="/facts/Bulgari/F4N5uN6H">Bulgari</a>, <a href="/facts/Loewe_(fashion_brand)/5KtHKBLc">Loewe</a>, <a href="/facts/TAG_Heuer/ncJYBLxU">TAG Heuer</a>, <a href="/facts/Marc_Jacobs/NoNTcYRy">Marc Jacobs</a>, <a href="/facts/Sephora/5puA4kBY">Sephora</a> and <a href="/facts/Loro_Piana/e95zavkg">Loro Piana</a>. The subsidiaries are often managed independently, under the umbrellas of six branches: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, Watches and Jewelry, Selective Distribution, and Other Activities. LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The <a href="/facts/Vineyard/HCEJJcA2">wine estate</a> of <a href="/facts/Ch%25C3%25A2teau_d%2527Yquem/jm6k5Vk4">Château d'Yquem</a>, whose origins date back to 1593, is under LVMH ownership. <a href="/facts/Bernard_Arnault/sqlB0sLH">Bernard Arnault</a> is the chairman, CEO and largest shareholder of LVMH, making him one of the richest people in the world as of 2024.
</p>

LVMH open-in-new

LVMH