Wednesday, May 5, 2010
Luxury Goods
LVMH Moët Hennessy • Louis Vuitton S.A. (Euronext: MC), usually shortened to LVMH, is a French holding company and one of the world's largest luxury goods conglomerate. It is the parent of around 60 sub-companies that each manage a small number of prestigious brands. These daughter companies are, to a large extent, run autonomously. The group was formed after mergers brought together champagne producer Moët et Chandon and Hennessy, a leading manufacturer of cognac. In 1987, they merged with fashion house Louis Vuitton to form the current group(lvmh.com). 2009 revenues were around 20 Billion.
LVMH's chairman Bernard Arnault, the richest man in France and majority owner of LVMH
Brands under the umbrella:
Moët et Chandon Wines and Spirits
Dom Pérignon Wines and Spirits
Krug Wines and Spirits
Château d'Yquem Wines and Spirits
Hennessy Wines and Spirits
Glenmorangie Wines and Spirits
Belvedere Vodka Wines and Spirits
Chopin vodka Wines and Spirits
Domaine Chandon California Wines and Spirits
Fendi Fashion and Leather Goods
Donna Karan Fashion and Leather Goods
Givenchy Fashion and Leather Goods
Kenzo Fashion and Leather Goods
Berluti Fashion and Leather Goods
Louis Vuitton Fashion and Leather Goods
Marc Jacobs Fashion and Leather Goods
Loewe Fashion and Leather Goods
Celine Fashion and Leather Goods
Thomas Pink Fashion and Leather Goods
Parfums Christian Dior Perfumes and Cosmetics
Guerlain Perfumes and Cosmetics
TAG Heuer Watches and Jewelry
Zenith Watches and Jewelry
Hublot Watches and Jewelry
Chaumet Watches and Jewelry
Sephora Selective Retailing
DFS Selective Retailing
Le Bon Marche Selective Retailing
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