LVMH (Louis Vuitton Moët Hennessy) is a French luxury goods conglomerate that owns over 60 high-end brands in various fields such as fashion, cosmetics, watches, and jewelry.
LVMH was formed from the merger of Louis Vuitton and Moët Hennessy in 1987.
Since its formation, LVMH has expanded through acquisitions, including a major acquisition of Christian Dior in 2017.
The company also created a foundation supporting contemporary art in 2006.
In 2020, LVMH attempted to acquire Tiffany & Co., but the deal fell through due to disagreements over price.
Kering is a French luxury goods group that owns brands such as Gucci, Yves Saint Laurent, and Balenciaga.
Richemont is a Swiss luxury goods group that owns brands such as Cartier, Montblanc, and Chloé.
Estée Lauder is an American multinational cosmetics company that owns brands such as MAC, Clinique, and Bobbi Brown.
Luxury fashion and leather goods brand known for its iconic monogram pattern and high-quality products.
Champagne producer and seller known for its premium champagne products.
Cognac producer and seller known for its high-end cognac products.
LVMH stands for Louis Vuitton Moët Hennessy, the name of the company that owns the various luxury brands.
Some famous LVMH-owned brands include Louis Vuitton, Dior, Bulgari, and Fendi.
Yes, LVMH is a publicly traded company with shares listed on the Paris Stock Exchange.
LVMH's revenue was €44.7 billion in 2020.
LVMH values creativity, excellence, entrepreneurial spirit, and respect for heritage and craftsmanship in its corporate culture.