LVMH: giant empire that owns Louis Vuitton, Givenchy, Christian Dior and more than 70 other luxury brands

Let’s find out: What brands does LVMH own?

LVMH: giant empire that owns Louis Vuitton, Givenchy, Christian Dior and more than 70 other luxury brands

What is LVMH company – What does LVMH mean

LVMH Moët Hennessy Louis Vuitton SE, known by the short name LVMH, headquartered in Paris, France, is a giant in the fashion world.

This empire owns more than 70 luxury brands, with names that everyone knows such as Louis Vuitton, Christian Dior, Givenchy, Marc Jacobs.

In 2017, this group had sales of more than 48 billion dollars. LVMH President and CEO, Bernard Arnault, is Europe’s richest man, the 4th richest person in the world, with a fortune of more than 84 billion dollars (September data, 2018).

What Kind of company is LVMH?

LVMH’s development is associated with the boldness and assertiveness of Bernard Arnault.

This businessman was described by his competitors as “terrifyingly assertive”.

An important part of the group’s strategy is the acquisitions and mergers of cult luxury brands. This article will introduce famous fashion brands owned by LVMH, “what brands does LVMH own” to help readers visualize part of this giant’s magnificence.

What Fashion Luxury Brands Does LVMH Own?

Some outstanding brands with time are owned by LVMH:

Does LVMH own Louis Vuitton?

1987: Louis Vuitton – Founded in 1854, Louis Vuitton became part of LVMH in 1987 when the conglomerate was founded. Moët et Chandon and Hennessy, the world’s leading winery, merged with Louis Vuitton to create LVMH, marking the beginning of an empire.

Who owns Givenchy beauty?

1988: Givenchy – Givenchy, established in 1952, merged with LVMH group in 1988.

Who is Kenzo owned by?

1993: Kenzo – Kenzo was founded in 1970, and was acquired by LVMH for $ 80 million in 1993.

Who is Guerlain owned by?

1994: Guerlain – The famous French brand of cosmetics, perfumes and skin care, is one of the oldest in the world. Guerlain was founded in 1828 by the Guerlain family and acquired by LVMH in 1994.

What company owns Marc Jacobs?

1997: Marc Jacobs – LVMH started to own a majority stake in Marc Jacobs in 1997. It is interesting to note that founder Marc Jacobs approved the deal to become Louis Vuitton’s Creative Director, working in the position. this from 1997 to 2013.

Who is Sephora owned by?

1997: Sephora – This is not a fashion brand, but a famous chain of cosmetic stores, founded in 1969 in France. Acquired by LVMH in 1997, Sephora gradually expands its operations around the world.

Does LVMH own Tag Heuer?

1999: Tag Heuer – Famous Swiss watch brand, founded in 1860. LVMH acquired a 50.1% stake in Tag Heuer for $ 739 million in 1999.

Does LVMH own Fendi?

2001: Fendi – The Italian brand was established in Rome in 1925, acquired by LVMH Group in 2000. LVMH increased its ownership of Fendi to 84% in 2003.

What company owns DKNY?

2001: DKNY – In 2001, LVMH acquired an 89% stake in this New York fashion brand. LVMH then resold DKNY to the G-III Apparel Group in December 2016 for $ 650 million.

Does LVMH own Hermes?

2001: Hermès – Also in 2001, LVMH bought some initial shares with 4.9% ownership of Hermès. After that, LVMH gradually increased its ownership in Hermès to 23.1% in 2013.

Who is the Bvlgari (Bulgari) owner?

2011: Bulgaria – Founded in 1884, the Italian jewelry brand was completely acquired by LVMH in 2011 for a price tag of $ 6.01 billion.

Is LVMH a Christian Dior owner?

2017: Christian Dior – The biggest deal in LVMH’s history of merger and acquisition took place in 2017 when it acquired Christian Dior for $ 13.1 billion.

Synthesized from The Fashion Law and some other information sources

Source: What brands does LVMH own? – Eachshoes.com

admin
 

Click Here to Leave a Comment Below 0 comments

Leave a Reply: