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LVMH Moët Hennessy Louis Vuitton (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), commonly known as LVMH, is a French multinational holding company and conglomerate specializing in luxury goods, headquartered in Paris.
Founded in 1987, LVMH was created by the merging of Moët Hennessy and Louis Vuitton, marking the beginning of a new era in luxury. Bernard Arnault has headed the Group since 1989 and is its majority shareholder with a clear vision: to make LVMH the world leader in luxury goods.
LVMH was created in 1987 through the merger of Moët Hennessy and Louis Vuitton, ushering in a new era for the luxury industry. Bernard Arnault has led the Group since 1989 and is the majority shareholder, pursuing a clearly focused vision: make LVMH the world leader in luxury.
- Tiffany & Co. Type of business: Luxury jewelry. Acquisition price: $15.8 billion. Date of purchase: Jan. 7, 2021 (acquisition completed) Tiffany was founded by Charles Lewis Tiffany in 1837 and has since grown into a leading global design house with a reputation for innovative jewelry design and expert craftsmanship.
- Bulgari. Type of business: Luxury goods. Acquisition price: €3.7 billion. Date of purchase: March 7, 2011. Known for creativity and colorful jewelry designs, Bulgari has been at the forefront of luxury goods since its founding in 1884 by Sotirio Bulgari.
- Fendi. Type of business: Fashion. Acquisition price: Estimated $259.4 million to acquire majority stake (see below) Date of purchase: Nov. 24, 2001. Italian luxury fashion house Fendi was founded by Adele and Edoardo Fendi in 1925.
- Christian Dior. Type of business: Fashion. Acquisition price: 1 franc. Date of purchase: 1984. Fashion giant Christian Dior is famous for its designer clothing and is part of LVMH’s highly profitable Fashion and Leather Goods group.
Founded in 1987, LVMH was created by the merging of Moët Hennessy and Louis Vuitton, marking the beginning of a new era in luxury. Bernard Arnault has headed the Group since 1989 and is its majority shareholder with a clear vision: to make LVMH the world leader in luxury goods. Learn more.
In 1987, he played a key role in the creation of LVMH (Louis Vuitton Moët Hennessy), a global company in luxury goods, by merging Louis Vuitton with Moët Hennessy. Through a series of strategic acquisitions and investments, Arnault changed LVMH into a major company in the luxury industry, overseeing significant growth and expansion into ...
6 days ago · LVMH began in 1987 when Henri Recamier, then the head of Louis Vuitton, announced the merger of his company with Moët Hennessy. The latter was itself a merger, formed in 1971 between Moët & Chandon, a historic producer of champagne known especially for Dom Perignon, and Hennessy, a leading producer of cognac.