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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).
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.
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.
Jun 25, 2024 · LVMH owns iconic brands such as Louis Vuitton, Dior, and Moët-Chandon. It owns 75 brands, or "maisons," which it splits into six divisions: wines and spirits; fashion and leather goods;...
- Dominic-Madori Davis
- 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.
6 days ago · LVMH owns 75 luxury brands, including Louis Vuitton, Christian Dior, and Tiffany & Co. It is the only group whose subsidiaries span all five sectors of the luxury goods market: wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing.
Jun 25, 2024 · Bernard Arnault’s stake in Richemont is a personal investment by the founder of LVMH, whose brands include Louis Vuitton, ... It is a holding among many other stocks owned by the family and ...
