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LVMH, the world’s leading luxury products group, gathers 75 prestigious brands, with 86.2 billion euros revenue in 2023 and a retail network of over 6,000 stores worldwide.
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.
Jun 25, 2024 · Bernard Arnault, the world's third-richest person and the wealthiest outside the US, heads the world's largest luxury goods conglomerate. LVMH owns iconic brands such as Louis Vuitton, Dior, and...
See also: LVMH - Moët Hennessy Louis Vuitton. He worked with Alain Chevalier, CEO of Moët Hennessy, and Henry Racamier, president of Louis Vuitton, to form LVMH in 1987. [13] In July 1988, Arnault provided $1.6 billion to form a holding company with Guinness that held 24% of LVMH's shares.
Apr 24, 2023 · Luxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market value.
Jan 26, 2024 · LVMH shares jumped more than 12% on Friday morning after the world's largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend.
May 28, 2024 · Tiffany, Christian Dior, Veuve Clicquot, Fendi, Bulgari, and Sephora are major brands owned by LVMH (Moët Hennessy Louis Vuitton).
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.
Mar 2, 2021 · With a market cap of $328.9 billion, luxury giant LVMH has eclipsed Nestle as the highest valued company on the European stock market.
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