LVMH is the French company widely recognized as the world's largest luxury-goods group and has ranked among the richest companies by market capitalization.
The name LVMH comes from Louis Vuitton Moët Hennessy. The group was created in 1987 through the merger of fashion house Louis Vuitton with champagne and cognac producer Moët Hennessy. Its portfolio now spans fashion, leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retail.
Major LVMH brands include Louis Vuitton, Christian Dior, Moët & Chandon, Hennessy, Bulgari, and Sephora. The group operates a collection of distinct maisons rather than selling everything under one LVMH consumer label.
LVMH is sometimes confused with Kering or Richemont because all three are major luxury conglomerates. Kering owns brands such as Gucci, while Richemont is especially associated with Cartier and other jewelry and watch houses. LVMH's unusually broad portfolio is a key distinction.