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LVMH Moët Hennessy Louis Vuitton (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), commonly known as LVMH, is a French multinational holding company and conglomerate specializing in luxury goods, headquartered in Paris.
LVMH, the world’s leading luxury products group, gathers 75 prestigious brands, with 86.2 billion euros revenue in 2023 and a retail network of over 6,000 stores worldwide.
The world leader in luxury, LVMH has since its founding in 1987 deployed a business model marked by creative momentum and a constant quest for excellence. The Group drives long-term momentum to develop its 75 Maisons, respecting their distinctive identities.
The LVMH group places priority on organic growth and commits significant resources to develop its Maisons, as well as to encourage and protect creativity. Our people are key to this approach, making it essential to support their career growth and encourage them to excel.
The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. LVMH completed the purchase of Tiffany in January 2021. Under Arnault's leadership, LVMH has grown to become the largest company by market capitalization in the eurozone, with a record of 313 billion euros ($382 billion) as of May 2021.
Find the latest LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) stock quote, history, news and other vital information to help you with your stock trading and investing.
Founded at the dawn of the modern travel era, Louis Vuitton is on a perpetual mission to explore new horizons, propelled by an innovative spirit, boundless creativity, and unparalleled savoir-faire. Creation date: 1854. Chairman and CEO: Pietro Beccari.
