For anyone who is interested in seeing all the LVMH luxury houses at the glance – here you have it.
I noticed during the last months that a bunch of people don’t even know what LVMH is – for people not working in the fashion industry is quite understandable, as I do not know either which are the biggest players in the industries I am not interested in!
So, let’s make a quick summary of what LVMH is 🙂
LVMH – Louis Vuitton MoÃ«t Hennessy – is a French multinational conglomerate and a world leader in luxury, Bernard Arnault is the group’s Chairman and CEO (Chief Executive Officer). He is the second richest person in France and the 11th richest person in the world (Source: Forbes).
The company was founded in 1987 and the group brings together 70 luxury houses from different sectors:
- Wines & Spirits (Moët, Dom Perignon, Chandon etc.)
- Perfumes & Cosmetics (Benefit, Make up Forever, Givenchy etc.)
- Fashion & Leather Goods (Louis Vuitton, Dior, Fendi, Marc Jacobs etc.)
- Watches & Jewelry (Zenit, Bvlgari, Tag Heuer etc.)
- Selective Retailing (Sephora, Le Bon Marché etc. )
- Media & Other Businesses (Investir, Connaissance des Artes etc.)
The group recorded a revenue of 37,6 Billion in 2016 (just for you to have a comparison – this is 44% of the entire fortune of Bill Gates – the richest person in the world with a net worth estimated at 85.7 Billion). In order to achieve this yearly revenue, 70 different brands contribute and sell their products and services worldwide! It is a lot of work if you start counting how many retail stores every brand has worldwide.. you will have to count over 3.940 stores with more than 134.000 employees in total. However, 40% of their income comes from Louis Vuitton.
Here is a short overview of all the brands that belong to the LVMH Group: