LVMH owns Louis Vuitton, Dior, and Moët & Chandon.
LVMH is short for LVMH Moët Hennessy Louis Vuitton SE. The group was created in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, a drinks group formed by earlier combinations involving Moët et Chandon and Hennessy. Bernard Arnault became chairman and chief executive in 1989.
The company organizes its brands into divisions covering wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing. Its portfolio includes maisons with very different histories, from nineteenth-century champagne producers to modern fashion labels.
People sometimes use “Louis Vuitton” to mean the whole corporation, but Louis Vuitton is only one LVMH maison. LVMH also differs from Kering, another major French luxury group whose brands include Gucci and Saint Laurent. The group's broad portfolio is a major reason investors view it as more than a single fashion company.