Grupo lvmh

grupo lvmh

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 is the size of LVMH?

LVMH, the world’s leading luxury products group, gathers 75 prestigious brands, with 46.8 billion euros revenue in 2018 and a retail network of over 4,590 stores worldwide. Share by email: Investors - 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.

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.

When did Louis Vuitton become part of LVMH?

1987: Louis Vuitton – Founded in France in 1854, Louis Vuitton became part of LVMH in 1987 when the conglomerate was created. Moët et Chandon and Hennessy, leading manufacturers of champagne and cognac, merged respectively with Louis Vuitton to form the luxury goods conglomerate.

What does LVMH mean?

LVMH Moët Hennessy Louis Vuitton (French pronunciation: ​), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris.

Who is the owner of LVMH?

In 1987, they created a $4 billion dollar merger with fashion house Louis Vuitton in a to form the current group. Christian Dior, the luxury goods group, is the main holding company of LVMH, owning 42.38% of its shares, and 59.3% of its voting rights. Bernard Arnault, majority shareholder of Dior, is Chairman of both companies and CEO of LVMH.

What is LVMH Moët Hennessy Louis Vuitton?

LVMH Moët Hennessy Louis Vuitton SA, created through a $4 billion merger in 1987, is the worlds leading luxury goods vendor, providing products ranging from champagne to perfumes to designer handbags.

Does LVMH stock have room to run?

LVMHs stock nearly doubled over the past three years as demand for its luxury products rose in both developed and emerging markets. I think LVMH still has room to run after that multiyear rally, so I recently started a position in the stock. Here are my top five reasons for doing so.

Why modernity at LVMH?

Modernity fuses with history to create timeless products. Creativity and innovation are part of LVMH’s DNA. They have always been key to our Maisons’ success over the years and invite exploration of the infinite possibilities offered by new technologies, a major growth path for the Group.

What is LVMH doing to support students’ career choices?

To maintain close relations with students and continue to inspire them by sharing exceptional expertise, in January 2021 LVMH launched a new campaign on its social networks, inviting students to ask questions about working at the Group to help them consider fulfilling careers.

What is LVMH’s DNA?

Creativity and innovation are part of LVMH’s DNA. They have always been key to our Maisons’ success over the years and invite exploration of the infinite possibilities offered by new technologies, a major growth path for the Group. Quality is a pillar of LVMH’s success.

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