LVMH is the French luxury-goods group that owns Louis Vuitton, Christian Dior, and Bulgari.
The name LVMH comes from the 1987 merger of Louis Vuitton and Moët Hennessy. Louis Vuitton began as a nineteenth-century trunk maker, while Moët Hennessy brought together major champagne and cognac businesses. The merger created a group able to combine prestigious brands with global distribution and financial scale.
LVMH’s portfolio spans fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing. Its houses retain distinct identities, which allows Louis Vuitton, Dior, Tiffany & Co., Bulgari, and other brands to target different customers while sharing group resources.
LVMH is often compared with technology and financial companies in market-capitalization tables because luxury brands can generate substantial earnings and investor confidence. Its market value changes with the company’s results, consumer demand, currency movements, and broader economic expectations.