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LVMH information


LVMH Moët Hennessy Louis Vuitton
Trade name
LVMH
Company typePublic (Societas Europaea)[1]
Traded as
  • Euronext Paris: MC
  • CAC 40 component
ISINFR0000121014
IndustryLuxury goods
Predecessors
  • Moët & Chandon
  • Hennessy
  • Louis Vuitton
Founded3 June 1987; 36 years ago (1987-06-03)
FoundersBernard Arnault
Alain Chevalier
Henry Racamier
HeadquartersParis, France
Number of locations
6,097 stores (2023)[2]
Area served
Worldwide
Key people
Bernard Arnault (Chairman & CEO)[3][4]
Antonio Belloni (Group Managing Director)[5]
Antoine Arnault (Director)
Delphine Arnault (Director; Chairman & CEO, Christian Dior Couture)[6]
Products
  • Clothing
  • cosmetics
  • fashion accessories
  • jewelry
  • perfumes
  • spirits
  • watches
  • wines
ServicesDepartment stores
RevenueIncrease €86.15 billion (2023)[2]
Operating income
Increase €22.56 billion (2023)[2]
Net income
Increase €15.17 billion (2023)[2]
Total assetsIncrease €143.7 billion (2023)[2]
Total equityIncrease €62.70 billion (2023)[2]
Owner
    • Arnault Family (48.60% capital, 64.33% voting rights (2023))
Number of employees
213,000 (2023)[2]
SubsidiariesList of subsidiaries
Websitelvmh.com

LVMH Moët Hennessy Louis Vuitton (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]),[1] commonly known as LVMH, is a French[7] multinational holding and conglomerate specializing in luxury goods, headquartered in Paris.[8] The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which was established following the 1971 merger between the champagne producer Moët & Chandon (founded in 1743) and the cognac producer Hennessy (founded in 1765).[9][10][11] In April 2023, LVMH became the first European company to surpass a valuation of $500 billion.[12] In 2023, the company was ranked 47th in the Forbes Global 2000.[13]

LVMH controls around 60 subsidiaries that manage 75 luxury brands. In addition to Louis Vuitton and Moët Hennessy, LVMH's portfolio includes Tiffany & Co., Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, and Bulgari. 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 wine estate Château d'Yquem, whose origins date back to 1593, is under LVMH ownership.[14] Bernard Arnault is the chairman and CEO of LVMH.

  1. ^ a b "LVMH MOET HENNESSY LOUIS VUITTON". Infogreffe. Archived from the original on 14 June 2021. Retrieved 9 September 2020.
  2. ^ a b c d e f g "LVMH 2023 Financial Documents" (PDF). 31 December 2013. Archived (PDF) from the original on 10 March 2024. Retrieved 22 March 2024.
  3. ^ "Board of Directors - LVMH Group Governance". February 2024. Archived from the original on 27 January 2024. Retrieved 4 February 2024.
  4. ^ "Executive Committee - LVMH Group Governance". February 2024. Archived from the original on 4 February 2024. Retrieved 4 February 2024.
  5. ^ "Antonio Belloni, LVMH Group Managing Director". February 2024. Archived from the original on 4 February 2024. Retrieved 4 February 2024.
  6. ^ "Delphine Arnault, Chairman and Chief Executive Officer of Christian Dior Couture". February 2024. Archived from the original on 26 December 2023. Retrieved 4 February 2024.
  7. ^ "6 Companies Owned by LVMH (Moët Hennessy Louis Vuitton SE)". Investopedia. Archived from the original on 14 February 2023. Retrieved 14 February 2023.
  8. ^ "LVMH Moët Hennessy Louis Vuitton". Greffe du tribunal de commerce de Paris. Archived from the original on 23 September 2023. Retrieved 9 September 2020.
  9. ^ "LVMH Moët Hennessy Louis Vuitton SA – Company History". Funding Universe. Archived from the original on 23 August 2011. Retrieved 30 June 2011.
  10. ^ Rachel Sanderson in Milan (6 March 2011). "Retail & Consumer – LVMH to take controlling stake in Bulgari". FT.com. Archived from the original on 14 July 2011. Retrieved 30 June 2011.
  11. ^ "LVMH group, Moet Hennessy Louis Vuitton: world leader in luxury, listed on CAC 40 index". LVMH.com. Archived from the original on 7 June 2011. Retrieved 30 June 2011.
  12. ^ Reid, Jenni (24 April 2023). "Luxury goods giant LVMH becomes the first European company to surpass $500 billion in market value". CNBC.com. CNBC. Archived from the original on 7 September 2023. Retrieved 16 October 2023.
  13. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
  14. ^ The Beginnings of Château d'Yquem Château d'Yquem Retrieved 29 January 2010

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LVMH

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LVMH Moët Hennessy Louis Vuitton (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), commonly known as LVMH, is a French multinational holding and conglomerate specializing...

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Bernard Arnault

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businessman, investor and art collector. He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is the richest person...

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LVMH Tower

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The LVMH Tower is a 24-story high-rise office tower on 57th Street, near Madison Avenue, in Midtown Manhattan, New York City. Designed by Christian de...

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Dior

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businessman Bernard Arnault, who also heads LVMH. Dior holds 42.36% shares and 59.01% of voting rights within LVMH. The company was founded in 1946 by French...

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Antoine Arnault

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CEO of Christian Dior SE. He is the oldest son of billionaire and CEO of LVMH Moët Hennessy Louis Vuitton, Bernard Arnault, part of the Arnault Family...

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Fendi

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been part of the “Fashion & Leather Goods” division of the French group LVMH. Its headquarters are in Rome, in the Palazzo della Civiltà Italiana. The...

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Hennessy

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champagne & cognac merger in the early seventies, which is in turn owned by LVMH (66%) and Diageo (34%), Diageo acting as a controlling shareholder. Hennessy...

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DKNY

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in 1996. In 2001, it was purchased by the French conglomerate corporation LVMH (Louis Vuitton Moët Hennessy). In 2015, Donna Karan left as chief designer...

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Louis Vuitton

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50 countries with more than 460 stores worldwide. It is a subsidiary of LVMH. The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des...

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Delphine Arnault

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for two years, and she joined LVMH in 2000. Since 2003, Delphine has been a member of the management board of the group LVMH, the first woman and youngest...

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Loro Piana

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founded in 1924 and is owned by French multinational holding and conglomerate LVMH. The company has three divisions: the textile division produces high quality...

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Henry Racamier

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businessman. He was primarily known for co-founding the luxury conglomerate LVMH and turning Louis Vuitton into an internationally recognized brand with billions...

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Simon Porte Jacquemus

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birth of their twins, a son and a daughter. 2014: Finalist, LVMH Prize 2015: Special Jury LVMH Prize 2017: Fashion Director's Choice Award at the Elle Style...

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Virgil Abloh

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beginning in 2018, and was given increased creative responsibilities across the LVMH brand in early 2021. A trained architect, Abloh, who also worked in Chicago...

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Bulgari

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properties and resort destinations around the world. Currently part of the LVMH Group, Bulgari was founded in the region of Epirus, Greece, in 1884 by the...

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Hublot

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operates as a wholly owned subsidiary of the French luxury conglomerate LVMH. A scion of the Italian Binda Group dynasty, best known for making Breil...

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Fenty Beauty

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conglomerate Louis Vuitton Moët Hennessey (LVMH), signing a deal in 2016, to produce Fenty Beauty through LVMH's Kendo division. Kendo Holdings, Inc, is...

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DFS Group

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Vuitton (LVMH), alongside DFS co-founder and shareholder Robert Warren Miller. As of January 11, 1997, DFS Group operates as a subsidiary of LVMH. DFS is...

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Guerlain

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family until 1994, when it was bought by the French multinational company LVMH. Its flagship store is 68, Avenue des Champs-Elysées in Paris. The House...

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L Catterton

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Catterton Partners, the fund merged with Bernard Arnault's family office and LVMH in 2016 to create L Catterton. Catterton was founded in 1989 as Catterton-Simon...

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Le Parisien

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suburbs. Since 2015, Le Parisien has been owned by LVMH Moët Hennessy Louis Vuitton SE, better known as LVMH, belonging to French billionaire Bernard Arnault...

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