LVMH owns Tiffany & Co. after completing its acquisition of the jeweler in 2021.
LVMH completed the Tiffany acquisition in January 2021 in a transaction valued at approximately $15.8 billion. Tiffany, founded in New York in 1837, became one of the world's best-known jewelry houses and is associated with the distinctive Tiffany Blue color.
LVMH is a French luxury-goods group whose name comes from Louis Vuitton and Moët Hennessy. Its portfolio spans fashion, jewelry, watches, wines and spirits, perfumes, cosmetics, and selective retail. Louis Vuitton and Moët & Chandon are separate historic brands within the group.
A common confusion is between LVMH and other luxury conglomerates. Kering owns brands such as Gucci and Saint Laurent, while Richemont owns Cartier and Van Cleef & Arpels. LVMH's broad portfolio and strong luxury brands have made it one of Europe's most valuable companies.