LVMH Moët Hennessy Louis Vuitton SE, better known as LVMH, is a French multinational conglomerate focused on luxury goods. It is listed on the Euronext Paris exchange (trading as MC) and is included in the CAC 40 and Euro Stoxx 50 indices.

LVHMLVHM was formed in 1987, as the fashion house Louis Vuitton merged with the upscale beverage company Moët Hennessy. It should be noted that LVMH today only holds approximately two-thirds of its drinks division Moët Hennessy; the remaining shares are owned by the British beverage company Diageo.

The main holding company of LVMH is the luxury goods group Christian Dior, which owns 40.9% of the shares and 59.01% of the voting rights. In 2017, Bernard Arnault, majority shareholder of Christian Dior, purchased all the remaining Christian Dior shares in a reported 13.1 billion USD buy-out.

LVMH owns roughly 60 different subsidiaries, with each subsidiary managing one or more luxury brands. Many of the brands owned by LVMH are tightly controlled to retain their image of luxury and exclusivity. Louis Vuitton products are for instance only sold in Louis Vuitton boutiques or through concessions in other luxury goods shops, such as Harrods in London.

In Deloitte’s “Global Powers of Luxury Goods” 2013 report, LVMH was ranked first luxury goods company.

Short facts about LVHM

Name LVMH Moët Hennessy Louis Vuitton SE
Company type

Societas Europaea

Traded as Euronext: MC
Index inclusion CAC 40

Euro Stoxx 50

Industry Luxury goods
Examples of key products Clothing







Distilled beverages

Founded Moët & Chandon 1743

Hennessy 1765

Louis Vuitton 1854

LVHM 1987

Headquartered In the 8th arrondissement of Paris, France
Area served Worldwide
Total assets  € 68.550 billion (2017)
Total equity  € 30.260 billion (2017)
Revenue  € 42.636 billion (2017)
Operating income  € 8.113 billion (2017)
Net income  € 5.616 billion (2017)

Financial data 2013 – 2017

Financial data (in million euros)

Year 2013 2014 2015 2016 2017
Sales 29,016 30,638 35,664 37,600 42,636
Net profit (before minority interests) 3,947 6,105 4,001 4,363 5,616
Total equity 27,907 23,003 25,799 27,903 30,260

In January 2018, LVMH announced record sales of €42.6 billion in 2017, which was up 13% over 2016. This translated into a strong increase in net profit for 2017 compared to 2016.

Major shareholders

As of the end of 2017, the only declared major shareholder in LVMH is Arnault Family Group, which is a holding company controlled by Bernard Arnault. At this point, the Arnault Family Group owned 46.84% of LVMH’s stock and 63.13% of the voting rights.

Examples of notable business deals since 2010

  • In 2014, LVMH formed a joint-venture with the Italian fashion brand Marco De Vincenzo, taking a minority 45% stake in the firm.
  • In 2013, it was revealed that LCapitalAsia would assist the mid-priced clothing brand QDA as they opened stores in Beijing.
  • In 2011, LVMH invested 640 million USD in establishing their private equity LCapitalAsia.
  • In 2011, LVMH acquired 50.4% of the shares in Bulgari SpA by buying them from the Bulgari family, paying with 3% of LVMH. This deal made the Bulgari family the second-largest family shareholder in LVMH, behind the Arnault family.

Examples of LVMH brands and subsidiaries

Fashion & Leather Goods
  • Berluti
  • Céline
  • Dior
  • EDUN
  • Emilio Pucci
  • Fendi
  • Givenchy
  • Kenzo
  • Loewe
  • Loro Piana
  • Louis Vuitton
  • Marc Jacobs
  • Moynat
  • Nicholas Kirkwood
  • Rimowa
  • Thomas Pink
Watches & Jewelry
  • Bulgari
  • Chaumet
  • FRED
  • Hublot
  • TAG Heuer
  • Zenith
Wines & Distilled beverages
  • Ardbeg

  • Belvedere

  • Bodega Numanthia

  • Cape Mentelle

  • Chandon

  • Château Cheval Blanc

  • Château d’Yquem

  • Cloudy Bay

  • Dom Pérignon

  • Glenmorangie

  • Hennessy

  • Krug

  • Mercier

  • Moët & Chandon

  • Newton Vineyard

  • Ruinart

  • Terrazas de los Andes

  • Veuve Clicquot

  • Wenjun

Perfumes & Cosmetics
  • Acqua di Parma
  • Benefit Cosmetics
  • Fresh
  • Givenchy Parfums
  • Guerlain
  • Kenzo Parfums
  • Maison Francis Kurkdjian
  • Make Up For Ever
  • Parfums Christian Dior
  • Perfumes Loewe
Specialist Retailing
  • DFS
  • Le Bon Marché
  • Le Grande Epicerie
  • Sephora
  • Starboard Cruise Services
Other Activities

Cheval Blanc (hotels)
Pasticceria Cova (cafés)

  • Feadship (yachtbuilder)
  • Les Echos (French financial newspaper)