Which luxury conglomerate owns Fendi?

LVMH owns Fendi. The French luxury conglomerate brought Fendi into its Fashion and Leather Goods division after acquiring a major stake in the Italian fashion house.

The ownership transition began in 1999, when LVMH and Prada joined to acquire 51 percent of Fendi. LVMH later became the company’s majority shareholder in 2001. Fendi continues to operate as an Italian maison, with its Roman heritage, design traditions, and family name intact within the larger corporate group.

This question can cause confusion because Prada was involved in the original acquisition and briefly held a stake. Prada is therefore part of Fendi’s ownership history, but it is not the current parent. Richemont and Kering are also major luxury groups, yet neither owns Fendi; Fendi belongs to LVMH alongside brands such as Louis Vuitton and Dior.