Antonio Belloni, Managing director
Clothing, cosmetics, fashion accessories, jewelry, perfumes, spirits,
€ 42.636 billion (2017)
€ 8.113 billion (2017)
€ 5.616 billion (2017)
€ 68.550 billion (2017)
€ 30.260 billion (2017)
via Financière Jean Goujon
Number of employees
List of subsidiaries
Louis Vuitton SE, better known as LVMH, is a
French multinational luxury goods conglomerate headquartered in Paris.
The company was formed in 1987 under the merger of fashion house Louis
Vuitton with Moet Hennessy, a company formed after the 1971 merger
between the champagne producer Moët & Chandon and Hennessy, the
cognac manufacturer. It controls around 60 subsidiaries that
each manage a small number of prestigious brands. The subsidiaries are
often managed independently. The oldest of the
LVMH brands is wine
producer Château d'Yquem, which dates its origins back to 1593.
Christian Dior, the luxury goods group, is the main holding company of
LVMH, owning 40.9% of its shares, and 59.01% of its voting rights.
Bernard Arnault, majority shareholder of Dior, is Chairman and CEO of
both companies . In 2017, Arnault purchased all the remaining
Dior shares in a reported $13.1 billion buy out. The Dapifer
LVMH will gain ownership of Christian
Dior haute couture,
leather, both men’s and women’s ready-to-wear, and footwear
Arnault's successful integration of various famous aspirational brands
into a single group has inspired other luxury companies into doing the
same. Thus, the French conglomerate
Kering (formerly named PPR) and
Richemont have also created extended portfolios of
luxury brands. The company is a component of the
Euro Stoxx 50 stock
1 Corporate structure
3 Financial data
5 External links
LVMH is headquartered in the 8th arrondissement, Paris, France. The
company is listed on the
Paris exchange, and is a
constituent of the
CAC 40 index. As of 2010, the group had revenues of
€20.3 billion with a net income of just over
€3 billion. By 29 February 2016 the company had a share
value of 78,126 million euros, distributed in 506,980,299 shares. In
2013, with revenue of $21,7 billion,
LVMH is ranked first luxury goods
company in Deloitte's "Global Powers of Luxury Goods" report. The
group currently employs more than 83,000 people. Thirty percent of
LVMH's staff work in France.
LVMH operates over 2,400 stores
worldwide. Its current business plan aims to tightly control the
brands it manages in order to maintain and heighten the perception of
luxury relating to their products. For example,
Louis Vuitton products
are sold only through
Louis Vuitton boutiques found in upmarket
locations in wealthy cities or in concessions in other luxury goods
shops (such as
Harrods in London).
At the end of 2017, the only declared major shareholder in
Arnault Family Group, the holding company of Bernard Arnault. The
group's control amounted to 46.84% of LVMH's stock and 63.13% of its
voting rights. 
LVMH holds 66% of the drinks division, Moët Hennessy, with the
remaining 34% held by Diageo.
In January 2018,
LVMH announced record sales of 42.6 billion Euros in
2017, up 13% over the previous year, as all divisions turned in strong
performances. In the same year, the net profit increased 29%.[citation
A partial list including some of LVMH's best-known brands and
Wines and Spirits
Château Cheval Blanc
Moët & Chandon
Terrazas de los Andes
Le Bon Marché
Le Grande Epicerie
Starboard Cruise Services
Cheval Blanc (hotels)
Fashion & Leather Goods
Watches & Jewelry
Perfumes & Cosmetics
Acqua di Parma
Make Up For Ever
Parfums Christian Dior
Maison Francis Kurkdjian
Conglomerates Owned - Christian Dior
Make Up For Ever
Make Up For Ever was established in 1984. and was acquired by LVMH
On 7 March 2011,
LVMH announced the acquisition of the 50.4%
family-owned shares of the Italian jeweller
Bulgari and the intention
to make a tender offer for the rest, which was publicly owned. The
transaction was about $5.2 billion. In 2011,
$640 million in establishing LCapitalAsia.
On 7 March 2013, National Business Daily reported that mid-priced
clothing brand QDA would open stores with the assistance of LVMH’s
private equity LCapitalAsia and the Chinese apparel company Xin Hee
Co., Ltd. in Beijing. In 2011,
LVMH invested $640 million in
LVMH sales "decreased by about 10
percent from in 2011" in China, and
LVMH stopped "opening stores in
second and third-tier cities in mainland China". Xue Shengwen, a
senior researcher at ChinaVenture, said the developing trend of the
market is to take advantage of more acceptable prices.
In February 2014,
LVMH entered into a joint venture with the Italian
fashion brand Marco De Vincenzo, taking a minority 45% stake in the
LVMH is a major patron of art in France. The group supported about ten
exhibitions as "Le grand monde d’Andy Warhol" and "Picasso et
les maîtres" at le
Grand Palais in Paris.
LVMH also endorsed the
patronage of "l’atelier d’Alberto Giacometti" and "Yves Klein" at
Centre Georges Pompidou.
Since 2005, when the
LVMH flagship store opened in
Paris at 3, avenue
George V, 75008, the company presented close collaboration with
contemporary artists. Features included a light sculpture by
American James Turrell, a 20-metre (65 feet) long "travelling
staircase" showcasing the work of American video artist Tim
White-Sobieski and an elevator linking the store to the top floor by
Iceland's Olafur Eliasson.
In 2006, gallery space was inaugurated on the second floor of the same
building and named "Espace Culturel". "Icônes" was one of the
first exhibitions. Shigeru Ban, Sylvie Fleury, Zaha Hadid, Bruno
Peinado, Andrée Putman, Ugo Rondinone, James Turrell, Tim
White-Sobieski and Robert Wilson were the nine artists invited by
Louis Vuitton to participate in it.
LVMH foundation created the "young creators
an international competition opened to French and international
beaux-arts students. Each year, six grants are allocated to the
In November 2013,
LVMH created the
LVMH Young Fashion Designer Prize,
which comes with a €300,000 grant with a year of mentoring and is
the brainchild of Delphine Arnault. The first winner will be
chosen in 2014. In February 2014 20 finalist for the prize were
shown in London, such as Simone Rocha, Thomas Tait, Meadham Kirchhoff,
Marques'Almeida, J JS Lee, and others. In May 2015 Marques'Almeida
was announced as the second winner.
LVMH underwrites other fashion competitions, including the Andam prize
in France, the International Festival of Fashion and Photography in
Hyères, France, an investment fund for young designers created by the
French Ministry of Culture and Communication, and a scholarship
program and sponsored lecture theater at Central Saint Martins in
The group also lends Stradivarius violins to young talented musicians.
Maxim Vengerov and
Laurent Korcia have used the instruments.
LVMH opened th38. "Luxury Goods Titan Arnault Now Richer than
Zuckerberg after record
LVMH results"Forbes. Retrieved 26 Jan 2018e
Louis Vuitton pour la Creation in a new building designed by
Frank Gerry in the Bois de Boulogne in Paris. The Fondation is
designed the Group’s own museum to present its collections and
organize majors world-class arts exhibitions.
Financial data (in million euros)
Net profit (before minority interests)
^ a b c d e f "Annual Report 2017" (PDF). LVMH.com. Retrieved 29
^ a b "Annual Report 2015" (PDF). LVMH.com. Retrieved 5 January
^ a b "
Louis Vuitton SA – Company History".
Funding Universe. Retrieved 30 June 2011.
^ Rachel Sanderson in Milan (6 March 2011). "Retail & Consumer –
LVMH to take controlling stake in Bulgari". FT.com. Retrieved 30 June
LVMH group, Moet
Hennessy Louis Vuitton: world leader in luxury,
CAC 40 index". LVMH.com. Archived from the original on 7
June 2011. Retrieved 30 June 2011.
^ The Beginnings of
Château d'Yquem Retrieved 29
^ "Organizational chart as of April 30, 2013". Dior. Archived from the
original on 17 December 2013. Retrieved 12 April 2016.
^ "25. Bernard Arnault". CNN. Retrieved 11 May 2010.
LVMH Subsidiaries, Brands and the $13 Billion Christian
Out - The Dapifer". THE DAPIFER. 2017-04-25. Retrieved
^ Frankfurt Stock Exchange
^ "LVMH". European Equitites. Archived from the original on 30 January
2013. Retrieved 12 December 2012.
^ a b c "Annual Report 2010" (PDF). LVMH.com. Retrieved 4 February
2012. [permanent dead link]
Deloitte Global Powers of Luxury Goods 2014 report Archived 17 June
2015 at the Wayback Machine.
^ a b
LVMH First half 2009 interim report Archived 24 August 2009 at
the Wayback Machine.
LVMH Retrieved 29 January 2010
LVMH – Financial Report 2017" (PDF). LVMH. p. 4. Retrieved
30 March 2018. .
^ Walsh, Dominic; Boyle, Catherine (23 April 2009). "
LVMH denies being
in Mot sale talks with Diageo". The Times. London.
^ Financial Documents
LVMH 2012 Archived 28 February 2013 at the
^ Wellington, Elizabeth (2013-08-01). "Mirror, Mirror: Joy! Make Up
For Ever comes to King of Prussia". philly.com. Retrieved
^ "Dany Sanz, pionnière du make-up". elle.fr. Retrieved
^ Roberts, Andrew (7 March 2011). "
LVMH Plans to Buy
Bulgari for $5.2
Billion After Acquiring Majority Stake". Bloomberg. Retrieved 24
^ Wendlandt, Astrid; Simpson, Ian (7 March 2011). "
LVMH bags jeweller
Bulgari in $5.2 billion deal". Reuters. Retrieved 24 October
^ a b c d e Kang, Xiaoxiao (7 March 2013). "LVHM investing in Chinese
mid-priced clothing market". Morning Whistle. Retrieved
^ Astrid Wendlandt (24 February 2014). "
LVMH invests in Italian brand
Marco de Vincenzo". Reuters.
^ Socha, Miles (24 February 2014). "
LVMH Takes Stake in Marco de
Vincenzo". WWD. Retrieved 24 February 2014.
^ Présentation de l’expo Warhol Rmn.fr
^ LVMH, mécène de l’exposition Archived 21 July 2009 at the
Wayback Machine. Rmn.fr
^ "Exclusively for the Champs-Elysees".
^ "Espace Culturel".
Louis Vuitton s'est associé à neuf créateurs".
LVMH des jeunes créateurs Archived 6 April 2016 at the Wayback
Machine. Artefact Paris
^ a b c Miles Socha (21 November 2013). "
LVMH to Establish Global
Fashion Prize". WWM. Retrieved 21 November 2013.
^ Socha, Miles (13 February 2014). "
Delphine Arnault Unveils LVMH
Prize Finalists". WWD. Retrieved 13 February 2014.
^ Friedman, Vanessa (22 May 2015). "
Marques'Almeida Wins 2015 LVMH
Prize". The New York Times. Retrieved 24 May 2015.
^ a b c d "A solid performance in a contrasting economic environment"
(PDF). LVMH. Archived from the original (PDF) on 2 March 2012.
Retrieved 12 December 2012.
^ "Annual Report 2014" (PDF). LVMH.com. Retrieved 5 January
^ "Annual Report 2016" (PDF). LVMH.com. Retrieved 5 January
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