LVMH : Louis Vuitton Moët Hennessy

Abstract

Formed in 1987 after a merger between fashion house Louis Vuitton and wine and spirits company Moët Hennessy, LVMH has since become one of the two most valuable companies in Europe (only to be rivaled by Swedish food giant Nestle), with a market capitalization of $336.3 billion. The French luxury conglomerate now consists of 75 independently-managed subsidiaries that fall under six branches: Wine & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Miscellaneous Activities. Notable brands include, as the name suggests, Moët & Chandon, Hennessy, and Louis Vuitton, but also extend to other prestigious labels like Christian Dior, Fenty, and Tiffany & Co.

Keywords: Fashion, Retail