LVMH owns the luxury fashion house Louis Vuitton through its group of brands.
LVMH Moët Hennessy Louis Vuitton is the world's largest luxury-goods company by revenue and market reach. Louis Vuitton is one of its best-known fashion and leather-goods maisons. The group also includes brands in wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing.
The modern LVMH group was formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. Bernard Arnault became its leading shareholder and chairman and chief executive. The company expanded by acquiring or developing a broad portfolio rather than operating as a single-brand fashion business.
Louis Vuitton is not the same company as LVMH: Louis Vuitton is a maison within the larger group. Kering owns brands such as Gucci and Saint Laurent, while Richemont owns houses including Cartier and Van Cleef & Arpels. These distinctions matter when comparing the market values of luxury conglomerates.