LVMH owns the luxury fashion brand Louis Vuitton through its portfolio of maisons.
LVMH stands for Moët Hennessy Louis Vuitton. The group was formed in 1987 through the merger of fashion house Louis Vuitton with champagne producer Moët et Chandon and cognac maker Hennessy. Louis Vuitton itself dates to 1854, when its founder opened a trunk-making business in Paris.
LVMH owns brands across fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing. Its maisons operate with distinct identities, so Louis Vuitton, Dior, Bulgari, Tiffany & Co., and Moët & Chandon are not simply sold as one standardized label.
The group has ranked among Europe’s most valuable public companies by market capitalization. Its valuation is tied to global luxury demand, pricing power, brand heritage, tourism, and consumer spending. LVMH’s controlling shareholder is the Arnault family through holding structures, while the company’s shares trade publicly in Paris.