LVMH owns Louis Vuitton and was formed in 1987.
LVMH is short for Moët Hennessy Louis Vuitton. The group was created through the 1987 merger of Louis Vuitton with Moët Hennessy, bringing a luxury luggage and fashion business together with major champagne and cognac interests. Bernard Arnault became central to the group’s development and has served as its chairman and chief executive.
Louis Vuitton was founded in 1854 by the French trunk maker whose name it bears. The brand later expanded into leather goods, fashion, shoes, watches, jewelry, and fragrances. LVMH now operates a broad portfolio of maisons across fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.
LVMH is sometimes confused with Kering because both are major luxury groups. Kering owns brands such as Gucci, Saint Laurent, and Balenciaga, while LVMH owns Louis Vuitton, Dior, Fendi, Tiffany & Co., and many others. The group is headquartered in Paris.