LMVH

LVMH Moët Hennessy Louis Vuitton SE

Type	Societas Europaea
Traded as	Euronext: MC
Industry	Conglomerate (Luxury goods)
Predecessor	Moët & Chandon, Hennessy and Louis Vuitton
Founded	1987; 30 years ago (1987)
Headquarters	Paris, France
Area served	Worldwide
Key people	Bernard Arnault (CEO) Antonio Belloni, Managing director
Products	Clothing, cosmetics, fashion accessories, jewelry, perfumes, spirits, watches, wines
Services	Department stores
Revenue	€ 35.664 billion (2015)
Operating income	€6.384 billion (2015)
Profit	€4.001 billion (2015)
Total assets	€57.6 billion (2015)
Total equity	€25.8 billion (2015)
Number of employees	120,000 (2015)
Parent	Christian Dior SE via Financière Jean Goujon
Subsidiaries	List of subsidiaries
Website	LVMH.com

Bernard Arnault (CEO)

LVMH Moët Hennessy Louis Vuitton SE, better known as LVMH, is a French multinational luxury goods conglomerate, native of France and headquartered in Paris. The company was formed by the 1987 merger of fashion house Louis Vuitton with Moet Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy, the cognac manufacturer. It controls around 60 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently. The oldest of the LVMH brands is wine producer Château d'Yquem, which dates its origins back to 1593.

Christian Dior, the luxury goods group, is the main holding company of LVMH, owning 40.9% of its shares, and 59.01% of its voting rights.Bernard Arnault, majority shareholder of Dior, is Chairman of both companies and CEO of LVMH. Arnault's successful integration of various famous aspirational brands into the group has inspired other luxury companies into doing the same. Thus, the French conglomerate Kering (formerly named PPR) and the Swiss-based Richemont have also created extended portfolios of luxury brands. The company is a component of the Euro Stoxx 50 .