LVMH Moët Hennessy Louis Vuitton SE, the French luxury goods conglomerate, stands as a global powerhouse. Founded in 1987 through the merger of Louis Vuitton and Moët Hennessy, the company’s history traces back to the 18th century with its constituent brands. In April 2023, LVMH achieved a significant milestone, becoming the first European company to breach a $500 billion valuation, further solidifying its position in the Forbes Global 2000, ranking 47th in 2023. The group's extensive portfolio comprises over 75 luxury brands across diverse sectors, managed through six distinct branches. Prominent names include Christian Dior, Givenchy, Fendi, Tiffany & Co., Bulgari, and TAG Heuer, showcasing its dominance across fashion, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retail. Its holdings also extend to media, with Les Echos-Le Parisien Group, and the prestigious Château d'Yquem vineyard. Bernard Arnault's leadership as chairman and CEO, coupled with his significant shareholding, has propelled LVMH to its current status, making him one of the world's wealthiest individuals. The company’s consistent growth and diversification across the luxury sector cement its position as a key player in the global economy. The strategic management of its subsidiaries, often independently operated, contributes to the overall success and brand recognition of the LVMH empire.
