- Who is the co-founder of LVMH?
- Why choose LVMH?
- How many LVMH houses are there?
- What is the net worth of LVMH?
- Who is the CEO of LVMH?
- What is the history of LVMH?
- What are the LVMH brands?
- Is Louis Vuitton owned by LVMH?
- What companies does LVMH own?
- Why work at LVMH?
- Does LVMH stock have room to run?
- How can other luxury brands learn from LVMH’s success?
Who is the co-founder of LVMH?
On November 1, 2018, co-founder Alain Chevalier died at age 87. On 12 May 2019 the fashion house Fenty, styled as FEИTY, created by singer Rihanna was launched by LVMH in Paris. It is the first new fashion house by LVMH in 32 years and she is the first woman of colour to head a brand under LVMH.
Why choose LVMH?
A family-run group, LVMH strives to ensure the long-term development of each of its Houses in keeping with their identity, their heritage and their expertise.
How many LVMH houses are there?
LVMH is home to 70 distinguished Houses rooted in six different sectors. True to tradition, each of our brands builds on a specialty legacy while keeping an unwavering focus on the exquisite caliber of its products.
What is the net worth of LVMH?
As of 2010, the group had revenues of €20.3 billion with a net income of just over €3 billion. By 29 February 2016, the company had a share value of 78,126 million euros, distributed in 506,980,299 shares. In 2013, with revenue of $21.7 billion, LVMH was ranked first luxury goods company in Deloitte s Global Powers of Luxury Goods report.
Who is the CEO of LVMH?
Bernard Arnault is a French billionaire businessman and an art collector. He is the Chairman and Chief Executive Officer (CEO) of the worlds largest luxury-goods company, LVMH Moet Hennessy- Louis Vuitton SE. What does LVMH stand for? LVMH stands for Moët Hennessy Louis Vuitton.
What is the history of LVMH?
In the 1980s, French Investor Bernard Arnault had the idea to create a group of luxury brands. He worked with Alain Chevalier, CEO of Moët Hennessy, and Henry Racamier, president of Louis Vuitton, to form LVMH. Their successful integration of various famous aspirational brands into a single group inspired other luxury companies to do the same.
What are the LVMH brands?
The oldest of the LVMH brands is wine producer Château dYquem, which dates its origins back to 1593. In the 1980s, French Investor Bernard Arnault had the idea to create a group of luxury brands. He worked with Alain Chevalier, CEO of Moët Hennessy, and Henry Racamier, president of Louis Vuitton, to form LVMH.
Is Louis Vuitton owned by LVMH?
Fashion house Louis Vuitton and wines and spirits maker Moët Hennessy merged in 1987 to become Moët Hennessy Louis Vuitton SE, also known as LVMH or Louis Vuitton. The company has a number of subsidiaries in the fashion, food and beverage industries.