View source for LVMH

{{Short description|French multinational luxury goods conglomerate}}
{{Use dmy dates|date=June 2022}}
{{Infobox company
| name = LVMH Moët Hennessy Louis Vuitton SE<!--N.B. full legal name is LVMH from Moët Hennessy Louis Vuitton SE, with SE-->
| former_names = LVMH Moët Hennessy Louis Vuitton [[S.A. (corporation)|SA]] (1987–2015)
| trade_name = LVMH
| logo = [[File:LVMH wordmark.svg|frameless|class=skin-invert]]
| image = 22 avenue Montaigne Paris.jpg
| image_size = 250px
| image_caption = Headquarters in Paris, France
| type = [[Public company|Public]]
| traded_as = {{Unbulleted list |{{EuronextParis|MC|FR0000121014|XPAR}} |[[CAC 40]] component}}
| ISIN = {{ISIN|sl=n|pl=y|FR0000121014}}
| predecessors = {{ubl|[[Moët & Chandon]]|[[Hennessy]]|[[Louis Vuitton]]}}
| area_served = Worldwide
| key_people = [[Bernard Arnault]] {{small|([[chairman]] and [[Chief executive officer|CEO]])}}<ref>{{cite web |title=Bernard Arnault, Chairman and CEO - LVMH |url=https://www.lvmh.com/en/our-group/governance/bernard-arnault |website=lvmh.com |archive-url=https://web.archive.org/web/20251005004231/https://www.lvmh.com/en/our-group/governance/bernard-arnault |archive-date=2025-10-05 |url-status=live}}</ref><br /> Stéphane Bianchi {{small|(Group Managing Director)}}<ref name="Stéphane Bianchi GROUP MANAGING DIR">{{cite web | url=https://www.lvmh.com/group/about-lvmh/governance/executive-committee/stephane-bianchi/| title=Stéphane Bianchi GROUP MANAGING DIRECTOR | date=February 2024 | access-date=4 February 2024 | archive-date=4 February 2024 | archive-url=https://web.archive.org/web/20240204184642/https://www.lvmh.com/group/about-lvmh/governance/executive-committee/ | url-status=live }}</ref><br /> [[Antoine Arnault]] {{small|(Director; CEO of [[Dior|Christian Dior SE]])}} <br /> [[Delphine Arnault]] {{small|(Director; CEO of Christian Dior Couture)}}<ref>{{cite web | url=https://www.lvmh.com/group/about-lvmh/governance/executive-committee/delphine-arnault/ | title=Delphine Arnault, Chairman and Chief Executive Officer of Christian Dior Couture | date=February 2024 | access-date=4 February 2024 | archive-date=26 December 2023 | archive-url=https://web.archive.org/web/20231226190144/https://www.lvmh.com/group/about-lvmh/governance/executive-committee/delphine-arnault/ | url-status=live }}</ref>
| industry = [[Luxury goods]]
| founders = {{ubl|Alain Chevalier|[[Henry Racamier]]}}
| foundation = {{Start date and age|1987|6|3|df=y}}
| hq_location = 22 [[Avenue Montaigne]]<br />Paris, France<ref name="Infogreffe">{{cite web |title=LVMH MOET HENNESSY LOUIS VUITTON |url=https://www.infogreffe.fr/entreprise-societe/775670417-lvmh-moet-hennessy-louis-vuitton-750171B050740000.html |access-date=9 October 2024 |website=Infogreffe }}{{Dead link|date=October 2025 |bot=InternetArchiveBot }}</ref>
| products = {{hlist|[[Clothing]]|[[cosmetics]]|[[Fashion accessory|fashion accessories]]|[[Jewellery|jewelry]]|[[perfume]]s|[[Distilled beverage|spirits]]|[[watch]]es|[[wine]]s}}
| services = [[Department stores]]
| revenue = {{decrease}} [[Euro|€]]84.7 billion (2024)
| operating_income = {{decrease}} €18.9 billion (2024)
| net_income = {{decrease}} €12.6 billion (2024)
| assets = {{increase}} €149.2 billion (2024)
| equity = {{increase}} €69.3 billion (2024)
| owners = {{ubl|
*[[Dior|Christian Dior SE]] and the Arnault family<ref name=finance>{{cite web |url=https://www.dior-finance.com/en/historique-copie-en.html |title=History |publisher=Christian Dior Finance website |access-date=2024-11-01}}</ref> (48.6% of shares, 64.33% of votes)
*[[Public float]] (51.4% of shares; 2023)<ref name=Euronext>{{cite web |url=https://live.euronext.com/en/product/equities/FR0000121014-XPAR/company-information |title=LVMH |publisher=Euronext Paris |access-date=December 10, 2024}}</ref>
}}
| num_employees = {{increase}} 215,000 (2024)
| num_locations = {{increase}} 6,307 stores (2024)
| subsid = [[#Subsidiaries|List of subsidiaries]]
| footnotes = Financials {{as of|2024|12|31|lc=y|df=US}}.<br />References:<ref name="lvmh-fy24">{{Cite web |title=LVMH, Translation of the French Financial Documents, Fiscal Year Ended December 31, 2024 |url=https://lvmh-com.cdn.prismic.io/lvmh-com/Z5kVBpbqstJ999KR_Financialdocuments-December31%2C2024.pdf |date=February 1, 2025|access-date=July 2, 2025 |website=LVMH Financial Calendar}}</ref>
| website = {{URL|https://www.lvmh.com/}}
}}

'''LVMH Moët Hennessy Louis Vuitton SE'''{{efn|{{IPA|fr|mɔɛt‿ɛnɛsi lwi vɥitɔ̃|lang}}<ref name=Euronext/>}}<!--N.B. full legal name is LVMH Moët Hennessy Louis Vuitton SE, with SE--> is a French multinational [[holding company]] and [[conglomerate (company)|conglomerate]]<ref>{{Cite web |last1=Johnston |first1=Matthew |title=6 Companies Owned by LVMH (Moët Hennessy Louis Vuitton SE) |url=https://www.investopedia.com/articles/insights/081816/top-7-companies-owned-louis-vuitton-lvmuy.asp |access-date=2025-02-28 |website=Investopedia |language=en |archive-date=14 February 2023 |archive-url=https://web.archive.org/web/20230214050144/https://www.investopedia.com/articles/insights/081816/top-7-companies-owned-louis-vuitton-lvmuy.asp |url-status=live }}</ref><ref>{{Cite web |last=Spencer |first=Mimosa |title=French luxury groups to highlight sector's resilience as demand holds up for now |url=https://www.reuters.com/business/retail-consumer/french-luxury-groups-highlight-sectors-resilience-demand-holds-up-now-2022-10-10/ |access-date=2024-09-17 |website=Reuters|date=10 October 2022}}</ref><ref>{{Cite web |author=<!-- not stated --> |title=French luxury giant LVMH half-year net profit drops 14% |url=https://www.france24.com/en/live-news/20240723-french-luxury-giant-lvmh-half-year-net-profit-drops-14 |access-date=2024-09-17 |website=France 24|date=23 July 2024 }}</ref><ref>{{Cite web |author=<!-- not stated --> |title=LVMH Moët Hennessy Louis Vuitton |url=https://www.forbes.com/companies/lvmh-moet-hennessy-louis-vuitton/ |access-date=2024-09-17 |website=Forbes}}</ref> that specializes in [[luxury goods]] and has its headquarters in Paris.<ref name="Greffe du tribunal">{{cite web |title=LVMH Moët Hennessy Louis Vuitton |url=https://commandes.greffe-tc-paris.fr/fr/societe/7501-1971B05074-775670417-lvmh-moet-hennessy-louis-vuitton.html |access-date=9 September 2020 |website=Greffe du tribunal de commerce de Paris |archive-date=23 September 2023 |archive-url=https://web.archive.org/web/20230923094344/https://commandes.greffe-tc-paris.fr/fr/societe/7501-1971B05074-775670417-lvmh-moet-hennessy-louis-vuitton.html |url-status=live }}</ref> The company was formed in 1987 through the [[Mergers and acquisitions|merger]] of fashion house [[Louis Vuitton]] (founded in 1854) with Moët Hennessy, which had been established by the 1971 merger between the [[champagne]] producer [[Moët & Chandon]] (founded in 1743) and the [[cognac]] producer [[Hennessy]] (founded in 1765).<ref name="CHFU">{{cite web |title=LVMH Moët Hennessy Louis Vuitton SA – Company History |url=http://www.fundinguniverse.com/company-histories/LVMH-Moeuml;t-Hennessy-Louis-Vuitton-SA-Company-History.html |access-date=30 June 2011 |publisher=Funding Universe |archive-date=23 August 2011 |archive-url=https://web.archive.org/web/20110823101900/http://www.fundinguniverse.com/company-histories/LVMH-Moeuml;t-Hennessy-Louis-Vuitton-SA-Company-History.html |url-status=live }}</ref><ref>{{cite web |last=Rachel Sanderson in Milan |date=6 March 2011 |title=Retail & Consumer – LVMH to take controlling stake in Bulgari |url=https://www.ft.com/content/5f2242ac-4847-11e0-b323-00144feab49a |access-date=30 June 2011 |publisher=[[Financial Times|FT.com]] |archive-date=14 July 2011 |archive-url=https://web.archive.org/web/20110714165338/http://www.ft.com/cms/s/0/5f2242ac-4847-11e0-b323-00144feab49a.html |url-status=live }}</ref><ref>{{cite web |title=LVMH group, Moet Hennessy Louis Vuitton: world leader in luxury, listed on CAC 40 index. |url=http://www.lvmh.com/fonctionalite/pg_faq_histo.asp |url-status=dead |archive-url=https://web.archive.org/web/20110607035949/http://www.lvmh.com/fonctionalite/pg_faq_histo.asp |archive-date=7 June 2011 |access-date=30 June 2011 |publisher=LVMH.com}}</ref> In April 2023, LVMH became the first European company to surpass a valuation of $500&nbsp;billion.<ref>{{cite news |last=Reid, Jenni |date=24 April 2023 |title=Luxury goods giant LVMH becomes the first European company to surpass $500 billion in market value |newspaper=CNBC.com |url=https://www.cnbc.com/2023/04/24/lvmh-becomes-the-first-european-company-surpass-500-billion-in-value.html |access-date=16 October 2023 |publisher=CNBC |archive-date=7 September 2023 |archive-url=https://web.archive.org/web/20230907034056/https://www.cnbc.com/2023/04/24/lvmh-becomes-the-first-european-company-surpass-500-billion-in-value.html |url-status=live }}</ref> In 2023, the company was ranked 47th in the [[Forbes Global 2000]].<ref>{{Cite web|language=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}}</ref>

LVMH controls around 60 [[Subsidiary|subsidiaries]] that manage 75 luxury brands. In addition to Louis Vuitton and Moët Hennessy, LVMH's portfolio includes [[Dior|Christian Dior SE]], [[Givenchy]], [[Fendi]], [[Celine (brand)|Celine]], [[Kenzo (brand)|Kenzo]], [[Tiffany & Co.]], [[Bulgari]], [[Loewe (fashion brand)|Loewe]], [[TAG Heuer]], [[Marc Jacobs]], [[Sephora]] and [[Loro Piana]]. The subsidiaries are often managed independently, under the umbrellas of six branches: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, Watches and Jewelry, Selective Distribution, and Other Activities. LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The [[Vineyard|wine estate]] of [[Château d'Yquem]], whose origins date back to 1593, is under LVMH ownership.<ref>[https://web.archive.org/web/20041018103236/http://www2.yquem.fr/yquem.php?lang=uk The Beginnings of Château d'Yquem] ''Château d'Yquem'' Retrieved 29 January 2010</ref> [[Bernard Arnault]] is the chairman, CEO and largest shareholder of LVMH, making him [[The World's Billionaires|one of the richest people in the world]] as of 2024.

==History==
In 1987, Moët Hennessy and [[Louis Vuitton]] merged to create LVMH. As a result of different visions for the future of the merged entity, Alain Chevalier and [[Henry Racamier]], the respective leaders of the predecessor firms, started to fight. Racamier invited [[Bernard Arnault]] to invest in LVMH. Rapidly, Arnault succeeded in taking control of LVMH at the expense of the initial family owners. Contrary to what is often indicated, Arnault did not establish LVMH.<ref>{{cite news|url=https://fashionunited.uk/news/people/alain-chevalier-co-founder-of-lvmh-dies-aged-87/2018110539783 |title=Alain Chevalier, co-founder of LVMH, dies aged 87 |website=Fashion United |date=5 November 2018 |access-date=26 August 2021 |archive-date=26 August 2021 |archive-url=https://web.archive.org/web/20210826205716/https://fashionunited.uk/news/people/alain-chevalier-co-founder-of-lvmh-dies-aged-87/2018110539783 |url-status=live }}</ref>

LVMH is a component of the [[Euro Stoxx 50]] stock market index.<ref>{{cite web |title=Frankfurt Stock Exchange |url=http://www.boerse-frankfurt.de/en/equities/indices/euro+stoxx+50+EU0009658145/constituents |url-status=dead |archive-url=https://web.archive.org/web/20190208093448/http://www.boerse-frankfurt.de/en/equities/indices/euro%20stoxx%2050%20EU0009658145/constituents |archive-date=8 February 2019 |access-date=22 October 2015}}</ref>

[[Make Up For Ever]] was established in 1984,<ref>{{cite news |last=Wellington |first=Elizabeth |date=1 August 2013 |title=Mirror, Mirror: Joy! Make Up For Ever comes to King of Prussia |publisher=philly.com |url=http://articles.philly.com/2013-08-01/entertainment/40919009_1_makeup-artist-gina-brooke-creamy-eye-shadows |access-date=3 December 2013 |archive-date=4 March 2016 |archive-url=https://web.archive.org/web/20160304003355/http://articles.philly.com/2013-08-01/entertainment/40919009_1_makeup-artist-gina-brooke-creamy-eye-shadows |url-status=dead }}</ref> and it was acquired by LVMH in 1999.<ref>{{cite news |title=Dany Sanz, pionnière du make-up |publisher=elle.fr |url=http://www.elle.fr/Beaute/Dossiers-beaute/Maquillage/Dany-Sanz-pionniere-du-make-up-933689 |access-date=3 December 2013 |archive-date=13 October 2016 |archive-url=https://web.archive.org/web/20161013225848/http://www.elle.fr/Beaute/Dossiers-beaute/Maquillage/Dany-Sanz-pionniere-du-make-up-933689 |url-status=live }}</ref>

On 7 March 2011, LVMH announced the acquisition of the 50.4% family-owned shares of the Italian jeweller [[Bulgari]] and the intention to make a tender offer for the rest, which was publicly owned.<ref>{{cite news |last=Roberts, Andrew |date=7 March 2011 |title=LVMH Plans to Buy Bulgari for $5.2 Billion After Acquiring Majority Stake |newspaper=Bloomberg.com |url=https://www.bloomberg.com/news/2011-03-07/bulgari-family-agrees-to-sell-a-controlling-stake-to-lvmh-in-share-swap.html |access-date=24 October 2011 |publisher=Bloomberg |archive-date=29 June 2011 |archive-url=https://web.archive.org/web/20110629034942/http://www.bloomberg.com/news/2011-03-07/bulgari-family-agrees-to-sell-a-controlling-stake-to-lvmh-in-share-swap.html |url-status=live }}</ref> The transaction was about $5.2&nbsp;billion.<ref>{{cite web |last1=Wendlandt |first1=Astrid |last2=Simpson |first2=Ian |date=7 March 2011 |title=LVMH bags jeweler Bulgari in $5.2&nbsp;billion deal |url=https://www.reuters.com/article/us-bulgari-lvmh-idUSTRE7261BS20110307 |access-date=24 October 2011 |publisher=Reuters |archive-date=29 April 2011 |archive-url=https://web.archive.org/web/20110429072531/http://www.reuters.com/article/2011/03/07/us-bulgari-lvmh-idUSTRE7261BS20110307 |url-status=live }}</ref>

By 2012, LVMH established LCapitalAsia, a continuation of its private-equity arm, focused on Asia.<ref name="MW March 7" /> In early 2013, LVMH announced its co-investment of its private equity arm LCapitalAsia and the Chinese apparel company Xin Hee Co., Ltd.<ref name="MW March 7">{{cite web |last=Kang, Xiaoxiao |date=7 March 2013 |title=LVHM investing in Chinese mid-priced clothing market |url=http://www.morningwhistle.com/html/2013/Company_Industry_0307/217439.html | archive-url=https://web.archive.org/web/20130326155003/http://www.morningwhistle.com/html/2013/Company_Industry_0307/217439.html |archive-date=26 March 2013 |publisher=Morning Whistle}}</ref>

In February 2014, LVMH entered into a joint venture with the Italian fashion brand Marco De Vincenzo, taking a minority 45% stake in the firm.<ref>{{cite web |last=Astrid Wendlandt |date=24 February 2014 |title=LVMH invests in Italian brand Marco de Vincenzo |url=https://www.reuters.com/article/us-lvmh-vincenzo-idUSBREA1N0LB20140224 |publisher=Reuters |access-date=5 July 2021 |archive-date=24 September 2015 |archive-url=https://web.archive.org/web/20150924193910/http://www.reuters.com/article/2014/02/24/us-lvmh-vincenzo-idUSBREA1N0LB20140224 |url-status=live }}</ref><ref name="LVMH Takes Stake in Marco de Vincenzo">{{cite web |last=Socha, Miles |date=24 February 2014 |title=LVMH Takes Stake in Marco de Vincenzo |url=http://www.wwd.com/business-news/mergers-acquisitions/lvmh-said-investing-in-marco-de-vincenzo-7501401?src=nl/mornReport/20140224 |access-date=24 February 2014 |publisher=WWD |archive-date=23 December 2014 |archive-url=https://web.archive.org/web/20141223203629/http://www.wwd.com/business-news/mergers-acquisitions/lvmh-said-investing-in-marco-de-vincenzo-7501401?src=nl/mornReport/20140224 |url-status=live }}</ref>

In 2016, [[L Catterton]] Asia and Crescent Point, two private equity firms backed by LVMH, bought a majority stake in GXG.<ref>{{Cite web |last=Chen |first=Avery |date=1 April 2019 |title=LVMH-Backed Label to Widen Portfolio |url=https://www.thestandard.com.hk/section-news/fc/1/206482/LVMH-backed-label-to-widen-portfolio |website=The Standard |archive-date=8 September 2023 |archive-url=https://web.archive.org/web/20230908093619/https://www.thestandard.com.hk/section-news/fc/1/206482/LVMH-backed-label-to-widen-portfolio }}</ref>

In April 2017, LVMH announced it would gain ownership of [[Christian Dior]] haute couture, leather, men's and women's ready-to-wear, and footwear lines to integrate the entire [[Dior]] brand within its luxury group.<ref name="bof-christian-dior">{{cite web |last=Hoang |first=Limei |date=25 April 2017 |title=LVMH Takes Control of Christian Dior in $13 Billion Deal |url=https://www.businessoffashion.com/articles/news-analysis/lvmh-to-buy-christian-dior-couture-for-13-billion |access-date=29 March 2021 |website=Business of Fashion |archive-date=18 April 2021 |archive-url=https://web.archive.org/web/20210418092619/https://www.businessoffashion.com/articles/news-analysis/lvmh-to-buy-christian-dior-couture-for-13-billion |url-status=live }}</ref>

In January 2018, LVMH announced record sales of 42.6&nbsp;billion euros in 2017, up 13% over the previous year, as all divisions turned in strong performances. In the same year, the net profit increased by 29%.<ref>{{cite web |title=Luxury Group LVMH Cautious for 2018 Despite Record Profits |url=https://www.usnews.com/news/business/articles/2018-01-25/luxury-group-lvmh-cautious-for-2018-despite-record-profits |access-date=21 January 2019 |archive-date=18 May 2021 |archive-url=https://web.archive.org/web/20210518185227/https://www.usnews.com/news/business/articles/2018-01-25/luxury-group-lvmh-cautious-for-2018-despite-record-profits |url-status=live }}</ref> On 1 November 2018, co-founder Alain Chevalier died at age 87.<ref name=wwd>{{cite web|url = https://wwd.com/business-news/human-resources/alain-chevalier-co-founder-of-lvmh-dies-at-1202897939/|title = Alain Chevalier, Co-founder of LVMH, Dies at 87|date = 4 November 2018|access-date = 6 November 2018|archive-date = 23 September 2023|archive-url = https://web.archive.org/web/20230923225211/https://wwd.com/business-news/human-resources/alain-chevalier-co-founder-of-lvmh-dies-at-1202897939/|url-status = live}}</ref>

[[File:1995-1999 LVMH Tower, New York,.jpg|thumb|upright=0.9|The [[LVMH Tower]] in [[Midtown Manhattan]], with its bluish, [[gem]]-shaped, angulated glass facade|alt=a tall blue glass building with angles]]

On 12 May 2019, the fashion house [[Fenty (brand)|Fenty]], created by Barbadian singer [[Rihanna]], was launched by LVMH in Paris. It is the first new fashion house by LVMH in 32 years, and she is the first woman of colour to head a brand under LVMH.<ref>{{cite news |date=10 May 2019 |title=Rihanna makes history with new label |url=https://www.bbc.com/news/entertainment-arts-48231978 |access-date=31 May 2019 |archive-date=28 May 2023 |archive-url=https://web.archive.org/web/20230528080438/https://www.bbc.com/news/entertainment-arts-48231978 |url-status=live }}</ref><ref>{{Cite web |date=2021-08-13 |title=Everything We Know About Rihanna's New Fenty Perfume |url=https://sqandal.com/6495031/everything-we-know-about-rihannas-new-fenty-perfume |access-date=2022-08-18 |website=Sqandal.com |archive-date=13 August 2022 |archive-url=https://web.archive.org/web/20220813213115/https://sqandal.com/6495031/everything-we-know-about-rihannas-new-fenty-perfume |url-status=live }}</ref> On 15 July 2019, LVMH announced a new partnership to further develop the [[Stella McCartney]] House.<ref>{{cite web |title=Stella McCartney and LVMH announce a new partnership to further develop the Stella McCartney House |url=https://www.lvmh.com/news-documents/press-releases/stella-mccartney-and-lvmh-announce-a-new-partnership-to-further-develop-the-stella-mccartney-house/ |access-date=28 November 2019 |website=LVMH |date=15 July 2019 |archive-date=28 November 2019 |archive-url=https://web.archive.org/web/20191128000351/https://www.lvmh.com/news-documents/press-releases/stella-mccartney-and-lvmh-announce-a-new-partnership-to-further-develop-the-stella-mccartney-house/ |url-status=live }}</ref> On 29 November 2019, LVMH announced its 55% stake in [[Château d'Esclans]], the producer best known for the brand Whispering Angel.<ref>{{cite web |title=LVMH buys into Whispering Angel |date=29 November 2019 |url=https://www.thedrinksbusiness.com/2019/11/bernard-arnault-buys-into-whispering-angel/ |access-date=3 December 2019 |archive-date=3 December 2019 |archive-url=https://web.archive.org/web/20191203151015/https://www.thedrinksbusiness.com/2019/11/bernard-arnault-buys-into-whispering-angel/ |url-status=live }}</ref> The acquisition was part of LVMH's move to offer a beloved high-end rosé portfolio, in addition to reaching customers worldwide.<ref>{{cite web |title=Moët Hennessy Buys Control of Luxury Rosé Leader Château d'Esclans |url=https://www.winespectator.com/articles/moet-hennessy-buys-control-of-luxury-rose-leader-chateau-d-esclans |access-date=3 December 2019 |website=Wine Spectator |archive-date=2 December 2019 |archive-url=https://web.archive.org/web/20191202190132/https://www.winespectator.com/articles/moet-hennessy-buys-control-of-luxury-rose-leader-chateau-d-esclans |url-status=live }}</ref><ref>{{cite web |title=Château d'Esclans Côtes-de-Provence: The World Leader in Luxury Rosé Wines Joins Moët Hennessy |url=https://www.prnewswire.co.uk/news-releases/chateau-d-esclans-cotes-de-provence-the-world-leader-in-luxury-rose-wines-joins-moet-hennessy-830599781.html |access-date=3 December 2019 |website=www.prnewswire.co.uk |archive-date=3 December 2019 |archive-url=https://web.archive.org/web/20191203151024/https://www.prnewswire.co.uk/news-releases/chateau-d-esclans-cotes-de-provence-the-world-leader-in-luxury-rose-wines-joins-moet-hennessy-830599781.html |url-status=live }}</ref> In November 2019, LVMH expressed plans to acquire [[Tiffany & Co.]] for approximately US $16.2&nbsp;billion. The deal was expected to close by June 2020.<ref>{{cite web |date=26 November 2019 |title=LVMH Acquires Tiffany & Co. For $16.2 Billion |url=https://www.forbes.com/sites/robertanaas/2019/11/26/lvmh-aquires-tiffany--co-for-162--billion/#619c1bee69ab |access-date=30 November 2019 |website=Forbes |quote=LVMH will "develop this jewel with the same dedication and commitment that we have applied to each and every one of our Maisons. We will be proud to have Tiffany sit alongside our iconic brands and look forward to ensuring that Tiffany continues to thrive for centuries to come" |archive-date=3 August 2020 |archive-url=https://web.archive.org/web/20200803133638/https://www.forbes.com/sites/robertanaas/2019/11/26/lvmh-aquires-tiffany--co-for-162--billion/#619c1bee69ab |url-status=live }}</ref> LVMH issued a statement in September 2020 indicating that the takeover would not proceed and that the deal was "invalid," citing Tiffany's mismanagement during the COVID-19 pandemic.<ref name="marketscreener">{{cite web |title=LVMH Says Tiffany's Handling of Pandemic invalidates deal |url=https://marketscreener.com/quote/stock/LVMH-MOET-HENNESSY-LOUI-4669/news/LVMH-Says-Tiffany-s-Handling-of-Pandemic-Invalidates-Deal-31267561/ |access-date=11 September 2020 |website=Market Screener |date=10 September 2020 |archive-date=2 February 2022 |archive-url=https://web.archive.org/web/20220202141305/https://www.marketscreener.com/quote/stock/LVMH-MOET-HENNESSY-LOUIS-4669/news/LVMH-Says-Tiffany-s-Handling-of-Pandemic-Invalidates-Deal-31267561/ |url-status=live }}</ref> Subsequently, Tiffany filed suit against LVMH, asking the court to compel the purchase or to assess damages against the defendant; LVMH planned to countersuit, alleging that mismanagement had invalidated the purchase agreement.<ref>{{cite web |title=Grandmaster Bernard Arnault looks to the Tiffany endgame |url=https://www.24x7news.live/grandmaster%E2%80%89bernard-arnault-looks-to-the-tiffany-endgame/ |access-date=12 September 2020 |website=247 News |archive-date=18 May 2021 |archive-url=https://web.archive.org/web/20210518205834/https://www.24x7news.live/grandmaster%E2%80%89bernard-arnault-looks-to-the-tiffany-endgame/ |url-status=usurped }}</ref>

In mid-September 2020, a reliable source told ''[[Forbes (magazine)|Forbes]]'' that the reason for Arnault's decision to cancel the Tiffany purchase was purely financial: because Tiffany was paying millions in dividends to shareholders despite a financial loss of US$32&nbsp;million during the pandemic. Some US$70&nbsp;million had already been paid out by Tiffany, with an additional US$70 million scheduled to be paid in November 2020.<ref>{{cite web |title=Billionaire Arnault On The Offensive After Tiffany Pays Out $140 Million Pandemic Dividends Despite $32 Million In Losses |url=https://www.24x7news.live/grandmaster%E2%80%89bernard-arnault-looks-to-the-tiffany-endgame/ |access-date=16 September 2020 |website=Forbes |archive-date=18 May 2021 |archive-url=https://web.archive.org/web/20210518205834/https://www.24x7news.live/grandmaster%E2%80%89bernard-arnault-looks-to-the-tiffany-endgame/ |url-status=usurped }}</ref> LVMH filed a counterclaim against the court action commenced by Tiffany; a statement issued by LVMH blamed Tiffany's mismanagement during the pandemic and claimed that it was 'burning cash and reporting losses'".<ref>{{cite web |date=29 September 2020 |title=LVMH files countersuit against Tiffany over US$14.5B deal |url=https://beta.ctvnews.ca/national/business/2020/9/29/1_5124559.html |access-date=1 October 2020 |publisher=CTV News |archive-date=1 October 2020 |archive-url=https://web.archive.org/web/20201001215347/https://beta.ctvnews.ca/national/business/2020/9/29/1_5124559.html |url-status=dead }}</ref> In late October 2020, Tiffany and LVMH agreed to go back to the original takeover plan, though at a slightly reduced price of nearly $16&nbsp;billion, a minor reduction of 2.6% from the aforementioned deal. The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50.<ref>{{cite news |title=LVMH agrees to buy Tiffany for lower price |url=https://www.washingtonpost.com/business/economy/exxon-to-cut-global-workforce-by-15-percent-including-1900-us-jobs/2020/10/29/efbc31e6-19da-11eb-aeec-b93bcc29a01b_story.html |newspaper=The Washington Post |access-date=30 October 2020 |archive-date=4 November 2020 |archive-url=https://web.archive.org/web/20201104172754/https://www.washingtonpost.com/business/economy/exxon-to-cut-global-workforce-by-15-percent-including-1900-us-jobs/2020/10/29/efbc31e6-19da-11eb-aeec-b93bcc29a01b_story.html |url-status=live }}</ref> As of late 2020, LVMH has the largest market capitalization of any company in France,<ref>{{cite web |date=29 October 2020 |title=Tiffany Agrees To Accept Lower Price For Acquisition By LVMH |url=https://markets.businessinsider.com/news/stocks/tiffany-agrees-to-accept-lower-price-for-acquisition-by-lvmh-1029739231 |access-date=29 October 2020 |publisher=Business Insider |archive-date=9 October 2021 |archive-url=https://web.archive.org/web/20211009165938/https://markets.businessinsider.com/news/stocks/tiffany-agrees-to-accept-lower-price-for-acquisition-by-lvmh-1029739231 |url-status=live }}</ref> and also in the [[Eurozone]] with a record of 261&nbsp;billion euros ($317.6&nbsp;billion).<ref>{{cite web |title=LVMH Moet Hennessy Louis Vuitton SA Unsponsored ADR (LVMUY : OTCMKTS) Stock Price & News - Google Finance |url=https://www.google.com/finance/ |access-date=31 December 2020 |website=www.google.com |archive-date=27 January 2021 |archive-url=https://web.archive.org/web/20210127000512/https://www.google.com/finance |url-status=live }}</ref> As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7&nbsp;billion.<ref>{{cite web |title=Bernard Arnault & family |url=https://www.forbes.com/profile/bernard-arnault/ |access-date=31 December 2020 |website=Forbes |archive-date=5 September 2017 |archive-url=https://web.archive.org/web/20170905084308/https://www.forbes.com/profile/bernard-arnault/ |url-status=live }}</ref>

LVMH completed the purchase of Tiffany in January 2021.<ref>{{cite web |last=Piscioneri |first=Francesca |date=26 January 2021 |title=More carats and sparkle: How LVMH plans to change Tiffany |url=https://www.reuters.com/article/us-lvmh-tiffany-changes-focus/more-carats-and-sparkle-how-lvmh-plans-to-change-tiffany-idUSKBN29V0JH |access-date=29 March 2021 |website=[[Reuters]] |archive-date=18 May 2021 |archive-url=https://web.archive.org/web/20210518205828/https://www.reuters.com/article/us-lvmh-tiffany-changes-focus/more-carats-and-sparkle-how-lvmh-plans-to-change-tiffany-idUSKBN29V0JH |url-status=live }}</ref> In 2021, with a valuation of $329&nbsp;billion, LVMH became the most valuable company in Europe.<ref>{{cite web|last=Cormack|first=Rachel|date=2 March 2021|title=At $329 Billion, LVMH Is Now the Most Valuable Company in Europe|url=https://robbreport.com/lifestyle/news/lvmh-is-now-the-most-valuable-company-in-europe-1234599368/|access-date=21 May 2021|website=Robb Report|archive-date=21 May 2021|archive-url=https://web.archive.org/web/20210521140850/https://robbreport.com/lifestyle/news/lvmh-is-now-the-most-valuable-company-in-europe-1234599368/|url-status=live}}</ref>

In January 2022, LVMH acquired a minority stake in the New York-based label [[Aimé Leon Dore]] for an undisclosed sum. The investment was made through the conglomerate's LVMH Luxury Ventures arm.<ref>{{cite web|title=LVMH acquires stake in New York-based label Aimé Leon Dore {{!}} The Industry Fashion|url=https://www.theindustry.fashion/lvmh-acquires-stake-in-new-york-based-label-aime-leon-dore/|access-date=18 January 2022|website=|date=18 January 2022|archive-date=18 January 2022|archive-url=https://web.archive.org/web/20220118155259/https://www.theindustry.fashion/lvmh-acquires-stake-in-new-york-based-label-aime-leon-dore/|url-status=live}}</ref> In March 2022, LVMH announced the closure of its 120+ stores in Russia, pointing to "the current circumstances in the region",<ref name=":1">{{Cite news |last=Maheshwari |first=Sapna |date=2022-03-04 |title=Luxury giants LVMH and Hermès will close stores in Russia temporarily |work=The New York Times |url=https://www.nytimes.com/2022/03/04/business/lvmh-hermes-russia.html |access-date=2022-08-15 |issn=0362-4331 |archive-date=15 August 2022 |archive-url=https://web.archive.org/web/20220815045700/https://www.nytimes.com/2022/03/04/business/lvmh-hermes-russia.html |url-status=live }}</ref> subsequent to the [[Russian invasion of Ukraine]]. An LVMH spokesperson stated the company would continue to pay salary and benefits to its 3,500 employees in Russia.<ref name=":1" /> In November 2022, it was announced LVMH had acquired the [[Piedmont]]-based jewelry maker Pedemonte Group.<ref>{{Cite news |last=Shoaib |first=Maliha |date=2022-11-25 |title=LVMH acquires jewellery producer Pedemonte Group |work=Vogue Business |url=https://www.voguebusiness.com/companies/lvmh-acquires-jewellery-producer-pedemonte-group |access-date=2022-11-26 |archive-date=26 November 2022 |archive-url=https://web.archive.org/web/20221126211252/https://www.voguebusiness.com/companies/lvmh-acquires-jewellery-producer-pedemonte-group |url-status=live }}</ref>

On 24 April 2023, LVMH became the first European company to reach a $500&nbsp;billion valuation.<ref>{{cite news |last=Ponthus |first=Julien |date=24 April 2023 |title=LVMH's Market Value Surpasses $500 Billion, a First in Europe |url-status=live |work=[[Bloomberg News]] |url=https://www.bloomberg.com/news/articles/2023-04-24/lvmh-s-market-value-surpasses-500-billion-a-first-in-europe |archive-url=https://web.archive.org/web/20230427160511/https://www.bloomberg.com/news/articles/2023-04-24/lvmh-s-market-value-surpasses-500-billion-a-first-in-europe?leadSource=uverify%20wall |archive-date=27 April 2023 |access-date=27 April 2023}}</ref>

In November 2023, LVMH agreed to acquire the Los Angeles-based eyewear brand Barton Perreira for $80 million.<ref>{{cite web |last=Frank |first=Robert |title=LVMH Buys Eyewear Brand Barton Perreira As It Looks to Rebound from Luxury Slowdown |url=https://www.cnbc.com/2023/11/06/lvmh-buys-eyewear-brand-barton-perreira.html |website=[[CNBC]] |date=November 6, 2023 |access-date=November 6, 2023 |archive-date=6 November 2023 |archive-url=https://web.archive.org/web/20231106171316/https://www.cnbc.com/2023/11/06/lvmh-buys-eyewear-brand-barton-perreira.html |url-status=live }}</ref>

In June 2024, LVMH acquired Swiza, the owner of L'Epée 1839,<ref>{{Cite web |last=Singh |first=Prachi |date=2024-06-26 |title=LVMH acquires high-end Swiss clock maker L'Epée 1839 |url=https://fashionunited.com/executive/report/lvmh-acquires-high-end-swiss-clock-maker-lepee-1839/2024062660609 |website=FashionUnited |access-date=2024-06-27 }}</ref> a Swiss manufacturer known for high-end clocks and 'horological creations'.{{clarify|date=March 2025}}<ref name=":3">{{Cite web |date=2024-06-25 |title=LVMH strengthens its Watches Division with the acquisition of L'Epée 1839 |url=https://www.lvmh.com/news-documents/news/lvmh-strengthens-its-watches-division-with-the-acquisition-of-lepee-1839/ |website=LVMH |access-date=2024-06-27 }}</ref> L'Epée 1839 produces intricate clocks, including those with perpetual calendars and tourbillons.

In 2024 LVMH's revenue reached 84.68 billion euros, or 1% organic growth for the year.<ref>{{Cite web |last=Gilchrist |first=Karen |date=2025-01-29 |title=Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery |url=https://www.cnbc.com/2025/01/29/shares-of-lvmh-drop-5percent-as-full-year-results-throw-doubt-on-broad-luxury-recovery.html |access-date=2025-08-26 |website=CNBC |language=en}}</ref>

In September 2025, following the death of [[Giorgio Armani]], it was disclosed that [[LVMH]] had been named in Armani’s will as a preferred buyer of a minority stake in the company. The plan provides for an initial 15% purchase within 18 months, with the option to increase this to as much as 54.9% over the following three to five years.<ref>[https://www.bloomberg.com/opinion/articles/2025-09-12/armani-has-gifted-lvmh-and-arnault-a-prize Bloomberg – ''Armani Has Gifted LVMH and Arnault a Prize'' (12 September 2025)]</ref>

In November 2025, LVMH's watchmaking unit purchased a minority stake in Swiss manufacturer La Joux-Perret—a subsidiary of [[Citizen Watch|Citizen]] Watch Group.<ref>{{Cite web |last=Look |first=Aimee |date=2025-11-12 |title=LVMH Acquires Minority Stake in Swiss Watchmaker La Joux-Perret |url=https://www.wsj.com/business/deals/lvmh-acquires-minority-stake-in-swiss-watchmaker-la-joux-perret-b0f0b418 |access-date=2025-11-12 |website=The Wall Street Journal |language=en-US}}</ref>  

==Corporate structure==
LVMH is headquartered in the [[8th arrondissement of Paris]], France.<ref name=CHFU/> The company uses [[blockchain]] technology to authenticate luxury goods, reducing [[Counterfeit|counterfeiting]] in high-end markets.<ref>{{cite web |last1=Gregaard |first1=Frederik |title=Understanding What Blockchain Can Offer Enterprises |url=https://www.forbes.com/councils/forbestechcouncil/2025/05/05/understanding-what-blockchain-can-offer-enterprises/ |website=Forbes.com |date=May 5, 2025}}</ref>

The company is listed on the [[Euronext Paris]] exchange<ref>{{cite web |title=LVMH |url=https://europeanequities.nyx.com/en/products/equities/FR0000121014-XPAR |url-status=dead |archive-url=https://archive.today/20130130161104/https://europeanequities.nyx.com/en/products/equities/FR0000121014-XPAR |archive-date=30 January 2013 |access-date=12 December 2012 |website=European Equitites}}</ref> and is a constituent of the [[CAC 40]] index.

As of 2009, the group employed more than 83,000 people,<ref name="AR2010">{{cite web |title=Annual Report 2010 |url=http://r.lvmh-static.com/uploads/2014/10/LVMH_RA_2010_GB.pdf |archive-url=https://web.archive.org/web/20240406101515/http://r.lvmh-static.com/uploads/2014/10/LVMH_RA_2010_GB.pdf |archive-date=April 6, 2024 |access-date=4 February 2012 |publisher=LVMH.com}}</ref> 30 percent of LVMH's staff worked in France, and LVMH operated over 2,400 stores worldwide.<ref name="LVMH First half 2009 interim report">[http://www.lvmh.com/comfi/pdf_gbr/Rapport_semestriel2009_gbr.pdf LVMH First half 2009 interim report] {{webarchive|url=https://web.archive.org/web/20090824014957/http://www.lvmh.com/comfi/pdf_gbr/Rapport_semestriel2009_gbr.pdf |date=24 August 2009 }} ''LVMH'' Retrieved 29 January 2010</ref>

As of 2010, the group had [[revenue]]s of €20.3&nbsp;billion with a [[net income]] of just over €3&nbsp;billion.<ref name=AR2010/> 
In 2013, with a revenue of $21.7 billion, LVMH was ranked first [[luxury goods]] company in [[Deloitte]]'s "Global Powers of Luxury Goods" report.<ref name="Deloitte Global Powers of Luxury Goods 2014 report">{{cite web|url=http://www2.deloitte.com/content/dam/Deloitte/fr/Documents/consumer-business/Publications/Deloitte_GlobalPowerLuxuryGood_2014.pdf|archiveurl=https://web.archive.org/web/20150617143635/http://www2.deloitte.com/content/dam/Deloitte/fr/Documents/consumer-business/Publications/Deloitte_GlobalPowerLuxuryGood_2014.pdf|url-status=dead|title=Deloitte Global Powers of Luxury Goods 2014 report|archivedate=17 June 2015}}</ref> By 29 February 2016, the company had a share value of 78,126 million euros, distributed in 506,980,299 shares.

===Shareholders===
As of 2009, LVMH held 66% of the drinks division, Moët Hennessy, with the remaining 34% held by [[Diageo]].<ref>{{cite news |last1=Walsh |first1=Dominic |last2=Boyle |first2=Catherine |date=23 April 2009 |title=LVMH denies being in Moët sale talks with Diageo |work=[[The Times]] |location=London |url=https://www.thetimes.com/travel/destinations/europe-travel/france/paris/lvmh-denies-being-in-moet-sale-talks-with-diageo-fv8ll8sps95 |access-date=6 June 2022 |archive-date=6 June 2022 |archive-url=https://web.archive.org/web/20220606002139/https://www.thetimes.co.uk/article/lvmh-denies-being-in-moet-sale-talks-with-diageo-fv8ll8sps95 |url-status=live }}</ref>

As of 2013, [[Dior|Christian Dior SE]] was the leading [[holding company]] of LVMH, owning 40.9% of its shares and 59.01% of its voting rights.<ref>{{cite web |title=Organizational chart as of April 30, 2013 |url=http://www.dior-finance.com/en/organigramme.asp |archive-url=https://web.archive.org/web/20131217193528/http://www.dior-finance.com/en/organigramme.asp |archive-date=17 December 2013 |access-date=12 April 2016 |publisher=[[Christian Dior SE|Dior]]}}</ref> Bernard Arnault is Chairman and CEO of LVMH and Chairman of Christian Dior SE. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buyout.<ref>{{Cite web |last=Prasad |first=Manoj |date=2023-04-14 |title=In 2017, Arnault Bought all Christian Dior Shares for $13.1 Billion |url=https://bestratedstyle.com/christian-dior-shares/ |access-date=2023-07-22 |website=𝐁𝐞𝐬𝐭𝐫𝐚𝐭𝐞𝐝𝐬𝐭𝐲𝐥𝐞 |language=en-US |archive-date=9 June 2023 |archive-url=https://web.archive.org/web/20230609235457/https://bestratedstyle.com/christian-dior-shares/ |url-status=live }}</ref>

At the end of 2017, the only declared major shareholder in LVMH was the Arnault Family Group, the holding company of Bernard Arnault. The group's control amounted to 46.84% of LVMH's stock and 63.13% of its voting rights.<ref name="RefDoc2009">{{cite web |title=LVMH – Financial Report 2017 |url=https://r.lvmh-static.com/uploads/2017/11/2017-financial-documents.pdf |url-status=dead |archive-url=https://web.archive.org/web/20180129195419/https://r.lvmh-static.com/uploads/2017/11/2017-financial-documents.pdf |archive-date=29 January 2018 |access-date=30 March 2018 |publisher=LVMH |pages=4}}.</ref> 

=== Senior leadership ===
[[Bernard Arnault]] has been LVMH's chairman and CEO since January 1989.<ref name=":0">{{cite web |title=Members of the Executive Committee of the LVMH Group |url=https://r.lvmh-static.com/uploads/2015/01/1.-membres_comex_va-031016.pdf |access-date=30 June 2022 |archive-date=3 November 2022 |archive-url=https://web.archive.org/web/20221103121044/https://r.lvmh-static.com/uploads/2015/01/1.-membres_comex_va-031016.pdf |url-status=live }}</ref> Alain Chevalier was chairman from 1987 until Arnault took over the role.<ref>{{cite web |last=Greenhouse |first=Steven |date=17 December 1989 |title=A Luxury Fight to the Finish |url=https://www.nytimes.com/1989/12/17/magazine/a-luxury-fight-to-the-finish.html?pagewanted=all&src=pm |website=New York Times |access-date=30 June 2022 |archive-date=17 July 2020 |archive-url=https://web.archive.org/web/20200717144118/https://www.nytimes.com/1989/12/17/magazine/a-luxury-fight-to-the-finish.html?pagewanted=all&src=pm |url-status=live }}</ref>

In 2024, Stéphane Bianchi was appointed LVMH Group Managing Director, responsible for strategic and operational management of the Group Maisons. He also oversees the Regions Presidents, and the Digital and Data Transformation of the Group. In addition, he is also the Chairman of the LVMH Executive Committee.<ref name="Stéphane Bianchi GROUP MANAGING DIR">{{cite web | url=https://www.lvmh.com/group/about-lvmh/governance/executive-committee/stephane-bianchi/| title=Stéphane Bianchi GROUP MANAGING DIRECTOR | date=February 2024 | access-date=4 February 2024 | archive-date=4 February 2024 | archive-url=https://web.archive.org/web/20240204184642/https://www.lvmh.com/group/about-lvmh/governance/executive-committee/ | url-status=live }}</ref>

Total revenue for Q1 2025: €20,311 million, compared to €20,694 million in Q1 2024, a reported decrease of 2% and an organic decrease of 3% on a constant consolidation scope and currency basis<ref>{{cite web | title=Press - LVMH | url=https://www.lvmh.com/en/press }}</ref>

==Media group==
In 2007, Arnault bought France's leading financial newspaper, ''[[Les Echos (France)|Les Echos]]'', from the British company [[Pearson plc|Pearson]] for 240&nbsp;million [[euro]]s (US$262&nbsp;million) after a negotiating period of four months.<ref>{{cite news |url=https://news.bbc.co.uk/2/hi/business/7080079.stm |title=LVMH buys Les Echos from Pearson |date=5 November 2007 |url-status=live |work=[[BBC News]] |archive-url=https://web.archive.org/web/20141129131951/http://news.bbc.co.uk/2/hi/business/7080079.stm |archive-date=29 November 2014 |access-date=25 June 2023}}</ref>

In 2015, LVMH bought the newspapers ''[[Le Parisien]]'' and ''Aujourd’hui en France'' from the [[Éditions Philippe Amaury|Amaury Group]]. Marie-Odile Amaury, the group's owner, initially hoped for 200&nbsp;million euros ($218&nbsp;million) which were later revised to 150&nbsp;million ($163&nbsp;million) during a previous sale attempt, but a bid of 50&nbsp;million euros ($54.5&nbsp;million) was made.<ref>{{cite news |last=Delcambre |first=Alexis |date=26 May 2015 |title=LVMH va tenter le mariage du 'Parisien' et des 'Echos' |trans-title=LVMH will attempt the marriage of 'Parisien' and 'Echos' |url=https://www.lemonde.fr/actualite-medias/article/2015/05/27/lvmh-va-tenter-le-mariage-du-parisien-et-des-echos_4640889_3236.html |url-status=live |language=fr |newspaper=[[Le Monde]] |archive-url=https://archive.today/20230625130634/https://www.lemonde.fr/actualite-medias/article/2015/05/27/lvmh-va-tenter-le-mariage-du-parisien-et-des-echos_4640889_3236.html |archive-date=25 June 2023 |access-date=25 June 2023 |url-access=subscription}}</ref> The financial transaction was completed at the end of October 2015.<ref>{{cite news |last=Woitier |first=Chloé |date=30 October 2015 |title=Les Échos bouclent le rachat du Parisien |trans-title=Les Echos complete the takeover of the Parisian |url=https://www.lefigaro.fr/medias/2015/10/30/20004-20151030ARTFIG00331-les-echos-bouclent-le-rachat-du-parisien.php |url-status=live |language=fr |newspaper=[[Le Figaro]] |archive-url=https://archive.today/20230822031736/https://www.lefigaro.fr/medias/2015/10/30/20004-20151030ARTFIG00331-les-echos-bouclent-le-rachat-du-parisien.php |archive-date=22 August 2023 |access-date=25 June 2023 |url-access=subscription}}</ref>

In 2018, the [[Lagardère Group]] sold the [[stock market]] information website Boursier.com to Les Echos-Le Parisien Group.<ref>{{cite news |date=8 November 2018 |title=Lagardère poursuit son recentrage et vend Boursier.com |trans-title=Lagardère continues its refocusing and sells Boursier.com |url=https://www.lexpress.fr/economie/lagardere-poursuit-son-recentrage-et-vend-boursier-com_2047189.html |url-status=live |language=fr |work=[[L'Express]] |agency=[[Agence France-Presse]] |archive-url=https://archive.today/20230625133511/https://www.lexpress.fr/economie/lagardere-poursuit-son-recentrage-et-vend-boursier-com_2047189.html |archive-date=25 June 2023  |access-date=25 June 2023}}</ref> In March 2018, Pierre Louette, former CEO of [[Agence France-Presse]] from 2005 to 2010, was named CEO of Les Echos-Le Parisien Group, succeeding Francis Morel, who had held this position for seven years.<ref>{{cite news |last=Manière |first=Pierre |date=8 March 2018 |title=Pierre Louette devient PDG du groupe Les Echos-Le Parisien |trans-title=Pierre Louette becomes CEO of the Les Echos-Le Parisien group |url= https://www.latribune.fr/technos-medias/pierre-louette-devient-pdg-du-groupe-les-echos-le-parisien-771120.html |url-status=live |language=fr |work=[[La Tribune]] |archive-url=https://archive.today/20230625113550/https://www.latribune.fr/technos-medias/pierre-louette-devient-pdg-du-groupe-les-echos-le-parisien-771120.html |archive-date=25 June 2023 |access-date=25 June 2023}}</ref>

In 2022, Les Echos-Le Parisien Group acquired 75% of the share capital of the French polling and research institute OpinionWay, which has 140 employees.<ref name="OpinionW2022">{{cite news|date=26 July 2022 |title=Le groupe Les Echos-Le Parisien prêt à acquérir OpinionWay |trans-title=Les Echos-Le Parisien group ready to acquire OpinionWay |url=https://www.lefigaro.fr/medias/le-groupe-les-echos-le-parisien-pret-a-acquerir-opinionway-20220726 |url-status=live |language=fr |newspaper=Le Figaro |agency=Agence France-Presse |archive-url=https://archive.today/20230625134900/https://www.lefigaro.fr/medias/le-groupe-les-echos-le-parisien-pret-a-acquerir-opinionway-20220726 |archive-date=25 June 2023 |access-date=25 June 2023}}</ref>

Les Echos-Le Parisien Group also acquired [[Radio Classique]], ''[[Connaissance des Arts]]'',<ref name="OpinionW2022"/> and ''[[Investir]]'' and bought 50% of [[Medici.tv]] as well as [[Mezzo TV]] and EuroArts.<ref name="PL2022">{{cite news |author=P.L. |date=26 July 2022 |title=Le groupe Les Echos-Le Parisien ... |trans-title=Les Echos-Le Parisien group ready to acquire the OpinionWay polling institute |url=https://www.bfmtv.com/economie/entreprises/le-groupe-les-echos-le-parisien-pret-a-acquerir-l-institut-de-sondages-opinion-way_AD-202207260467.html |url-status=live |language=fr |work=[[BFM TV]] |agency=Agence France-Presse |archive-url=https://archive.today/20230625144134/https://www.bfmtv.com/economie/entreprises/le-groupe-les-echos-le-parisien-pret-a-acquerir-l-institut-de-sondages-opinion-way_AD-202207260467.html |archive-date=25 June 2023 |access-date=25 June 2023}}</ref><ref>{{Cite web |url=https://www.pizzicato.lu/french-media-group-acquires-euroarts/ |title=French media group acquires EuroArts |date=12 October 2021 |access-date=21 July 2023 |archive-date=21 July 2023 |archive-url=https://web.archive.org/web/20230721211714/https://www.pizzicato.lu/french-media-group-acquires-euroarts/ |url-status=live }}</ref> Les Echos-Le Parisien Group is also present in business services represented by its subsidiaries, such as Netexplo, Les Echos Etudes, and Les Echos Publishing, as well as communication services for companies such as Les Echos-Le Parisien Partenaires and Pelham Media.<ref name="PL2022"/> ChangeNow, Investir Day, and VivaTech (co-founded with [[Publicis]]) are subsidiaries whose objective is to offer [[trade show]]s and corporate events.<ref name="PL2022"/>

On August 6, 2024, the Competition Authority grants authorization to LVMH for the acquisition of [[Paris Match]].<ref>{{Cite web |date=August 28, 2024 |title=Les projets de LVMH pour Paris Match |url=https://www.lalettre.fr/fr/medias_audiovisuel/2024/08/28/les-projets-de-lvmh-pour-paris-match%2C110280476-eve |access-date=August 28, 2024 |website=La Lettre}}</ref> The group purchased the French weekly publication Paris Match in October 2024.<ref>{{Cite web |last1=Carabin |first1=Aurélie |last2=Williams |first2=Stuart |title=LVMH's Bernard Arnault acquires glossy French weekly Paris Match for €120 million |url=https://fortune.com/europe/2024/10/02/lvmhs-bernard-arnault-bollore-paris-match/ |access-date=2024-11-01 |website=Fortune Europe |language=en}}</ref>

== Subsidiaries ==
A partial list, including some of LVMH's best-known brands and subsidiaries:<ref name="LVMH First half 2009 interim report" /><ref>{{cite web |url=https://www.lvmh.com/houses/ |title=Houses |publisher=LVMH |access-date=19 August 2021 |archive-date=18 September 2023 |archive-url=https://web.archive.org/web/20230918222826/https://www.lvmh.com/houses/ |url-status=live }}</ref>

{{Col-begin}}
{{Col-break}}
; Wines and spirits
* [[Ao Yun]]
* [[Ardbeg distillery|Ardbeg]]
* [[Belvedere Vodka|Belvedere]]
* Bodega Numanthia
* [[Domaine Chandon California|Chandon]]
* [[Château d'Esclans]] (Whispering Angel)
* [[Château Cheval Blanc]]
* [[Château d'Yquem]]
* [[Château Galoupet]]
* [[Château Minuty]]<ref name="Minuty">{{cite news |last1=Gabay |first1=Elizabeth |title=LVMH expands Provence rosé offering by acquiring Château Minuty |url=https://www.decanter.com/wine-news/lvmh-expands-provence-rose-offering-by-acquiring-chateau-minuty-497793/ |access-date=5 August 2023 |work=Decanter |date=16 February 2023 |language=en |archive-date=5 August 2023 |archive-url=https://web.archive.org/web/20230805102416/https://www.decanter.com/wine-news/lvmh-expands-provence-rose-offering-by-acquiring-chateau-minuty-497793/ |url-status=live }}</ref>
* [[Terrazas de los Andes|Cheval des Andes]]
* [[Clos des Lambrays]]
* [[Cloudy Bay Vineyards|Cloudy Bay]]
* [[Colgin Cellars]]
* [[Dom Pérignon]]
* [[Glenmorangie distillery|Glenmorangie]]
* [[Hennessy]] 
* [[Champagne Krug|Krug]]
* [[Champagne Mercier|Mercier]]
* [[Moët & Chandon]]
* [[Newton Vineyard]]
* [[Ruinart (Champagne)|Ruinart]]
* [[Terrazas de los Andes]]
* [[Veuve Clicquot]]
* Volcan de mi Tierra
* Woodinville
* Clos19

{{Col-break}}
; Fashion and leather goods
* Barton Perreira
* [[Berluti]]
* [[Celine (brand)|Celine]]
* [[Dior|Christian Dior Couture]]
* [[Emilio Pucci]]
* [[Armani]] (planned 15% stake under Giorgio Armani succession plan, announced September 2025)<ref>[https://www.bloomberg.com/opinion/articles/2025-09-12/armani-has-gifted-lvmh-and-arnault-a-prize Bloomberg – ''Armani Has Gifted LVMH and Arnault a Prize'' (12 September 2025)]</ref>
* [[Fendi]]
* [[Givenchy]]
* [[JW Anderson]]
* [[Kapital (fashion brand)|Kapital]]
* [[Kenzo (brand)|Kenzo]]
* [[Loewe (fashion brand)|Loewe]]
* [[Loro Piana]]
* [[Louis Vuitton]]
* [[Marc Jacobs]]
* [[Moynat]]
* [[Patou]]
* [[Phoebe Philo]]
* [[Rimowa]]
* [[Vuarnet]]

{{Col-break}}
; Perfumes and cosmetics
* [[Acqua di Parma]]
* [[Benefit Cosmetics]]
* [[BITE Beauty]]
* Cha Ling
* [[Fenty Beauty]] by [[Rihanna]]
* Fresh
* [[Parfums Givenchy]]
* [[Guerlain]]
* [[Kenzo (brand)|Kenzo Parfums]]
* KVD Vegan Beauty
* [[Francis Kurkdjian|Maison Francis Kurkdjian]]
* [[Make Up For Ever]]
* [[Marc Jacobs|Marc Jacobs Beauty]]
* [[Officine Universelle Buly]]
* [[Ole Henriksen]]
* [[Parfums Christian Dior]]
* [[Loewe (fashion brand)|Perfumes Loewe]]
* [[Sephora]]

{{Col-break}}
; Watches and jewelry
* [[Bulgari]]
* [[Chaumet]]
* [[Daniel Roth (watchmakers)|Daniel Roth]]
* [[Fred Joaillier|Fred]]
* [[Gerald Genta]]
* [[Hublot]]
* [[Repossi]]
* [[TAG Heuer]]
* [[Tiffany & Co.]]
* [[Zenith (watchmaker)|Zenith]]

{{Col-break}}
; Selective retailing
* [[DFS Group|DFS]]
* [[Le Bon Marché|La Grande Epicerie]]
* [[La Samaritaine]]
* [[Le Bon Marché]]
* Starboard Cruise Services
* [[24S]]

{{Col-break}}
; Other activities
* [[Belmond Limited|Belmond]]
* [[Bulgari#Bulgari hotels and resorts|Bulgari Hotel and Resorts]]
* Maisons Cheval Blanc
* ''[[Connaissance des Arts]]''
* [[Caffè-Pasticceria Cova|Cova]]
* ''[[Investir]]''
* [[Jardin d'Acclimatation]]
* ''[[Le Parisien]]''
* [[Les Echos (France)|''Les Echos'']] 
* ''[[Paris Match]]''
* [[Radio Classique]]
* [[Feadship|Royal Van Lent]]
{{col-end}}

== E-commerce ==
In May 2018, LVMH launched an e-commerce initiative by investing in online fashion search business Lyst, as a way for LVMH's luxury brands to expand their presence online and capture younger shoppers.<ref>{{cite web |last=www.ETRetail.com |title=Vuitton owner LVMH makes e-commerce push with Lyst investment - ET Retail |url=https://retail.economictimes.indiatimes.com/news/apparel-fashion/luxury/vuitton-owner-lvmh-makes-e-commerce-push-with-lyst-investment/64303434 |url-status=dead |archive-url=https://web.archive.org/web/20180529203042/https://retail.economictimes.indiatimes.com/news/apparel-fashion/luxury/vuitton-owner-lvmh-makes-e-commerce-push-with-lyst-investment/64303434 |archive-date=29 May 2018 |access-date=29 May 2018 |website=ETRetail.com}}</ref> LVMH contributed to Lyst's $60 million funding round, which also included access to LVMH's international expertise, designed to drive Lyst's global expansion.<ref>{{cite news |date=24 May 2018 |title=LVMH Leads $60 Million Lyst Injection |url=https://www.businessoffashion.com/articles/bof-exclusive/lvmh-pumps-over-60-million-into-lyst |url-status=live |archive-url=https://web.archive.org/web/20180528103500/https://www.businessoffashion.com/articles/bof-exclusive/lvmh-pumps-over-60-million-into-lyst |archive-date=28 May 2018 |access-date=29 May 2018 |work=The Business of Fashion}}</ref>

In May 2024, LVMH announced that it would expand its partnership with [[Alibaba Group|Alibaba]] to increase its presence in China.<ref>{{Cite web |date=2024-05-22 |title=LVMH redefines Luxury Retail Experience in China with a new extended partnership with Alibaba |url=https://www.lvmh.com/news-documents/news/lvmh-redefines-luxury-retail-experience-in-china-with-a-new-extended-partnership-with-alibaba/ |access-date=2024-06-12 |website=LVMH |language=en}}</ref><ref>{{Cite web |title=LVMH deepens partnership with Alibaba to boost tech presence in China |website=[[Reuters]] |date=22 May 2024 |url=https://www.reuters.com/markets/deals/lvmh-deepens-partnership-with-alibaba-boost-tech-presence-china-2024-05-22/ |last1=Spencer |first1=Mimosa }}</ref>

==Financial data==
{| class="wikitable" style="text-align: right;"
|-
! Financial data (in million euros)
! 2006<ref name="lvmh.com">{{cite web |title=A solid performance in a contrasting economic environment |url=http://www.lvmh.com/comfi/pdf_gbr/Summary_2008_figures.pdf |url-status=dead |archive-url=https://web.archive.org/web/20120302065403/http://www.lvmh.com/comfi/pdf_gbr/Summary_2008_figures.pdf |archive-date=2 March 2012 |access-date=12 December 2012 |website=LVMH}}</ref>
! 2007<ref name="lvmh.com" />
! 2008<ref name="lvmh.com" />
! 2009<ref name="lvmh.com" />
! 2010<ref name="AR2010" />
! 2011
! 2012
! 2013
! 2014<ref name="Annual Report 2014">{{cite web |title=Annual Report 2014 |url=https://www.lvmh.fr/wp-content/uploads/2015/02/lvmh-financial-documents-2014.pdf |url-status=live |archive-url=https://web.archive.org/web/20160304113500/http://www.lvmh.fr/wp-content/uploads/2015/02/lvmh-financial-documents-2014.pdf |archive-date=4 March 2016 |access-date=5 January 2018 |publisher=LVMH.com}}</ref>
! 2015<ref name="Annual Report 2015">{{cite web |title=Annual Report 2015 |url=https://r.lvmh-static.com/uploads/2016/02/documents-financiers-2015-lvmh_va.pdf |url-status=live |archive-url=https://web.archive.org/web/20160712105048/https://r.lvmh-static.com/uploads/2016/02/documents-financiers-2015-lvmh_va.pdf |archive-date=12 July 2016 |access-date=5 January 2018 |publisher=LVMH.com}}</ref>
! 2016<ref name="Annual Report 2016">{{cite web |title=Annual Report 2016 |url=https://r.lvmh-static.com/uploads/2017/01/lvmh_financial-documents-_va.pdf |url-status=live |archive-url=https://web.archive.org/web/20170228085319/https://r.lvmh-static.com/uploads/2017/01/lvmh_financial-documents-_va.pdf |archive-date=28 February 2017 |access-date=5 January 2018 |publisher=LVMH.com}}</ref>
! 2017<ref name="Annual Report 2017">{{cite web |title=Annual Report 2021 |url=https://r.lvmh-static.com/uploads/2022/01/financial-documents-december-31-2021.pdf |url-status=live |archive-url=https://web.archive.org/web/20220602225332/https://r.lvmh-static.com/uploads/2022/01/financial-documents-december-31-2021.pdf |archive-date=2 June 2022 |access-date=29 January 2022 |publisher=LVMH.com}}</ref>
|-
| Sales
| 15,306
| 16,481
| 17,193
| 17,053
| 20,320
| 23,659
| 28,103
| 29,016
| 30,638
| 35,664
| 37,600
| 42,636
|-
| Net profit (before minority interests)
| 2,160
| 2,331
| 2,318
| 1,973
| 3,032
| 3,065
| 3,909
| 3,947
| 6,105
| 4,001
| 4,363
| 5,616
|-
|Total equity
| 11,594
| 12,528
| 13,887
| 14,785
| 18,204
| 23,512
| 25,666
| 27,907
| 23,003
| 25,799
| 27,903
| 30,260
|}
{| class="wikitable" style="text-align: right;"
!Financial data (in million euros)
!2018<ref name=":2">{{Cite web |title=LVMH Moet Hennessy Louis Vuitton Umsatz, Kennzahlen, Bilanz/GuV |url=https://www.finanzen.net/bilanz_guv/lvmh |website=Finanzen.net |language=German}}</ref>
!2019<ref name=":2" />
!2020<ref name=":2" />
!2021<ref name=":2" />
!2022<ref name=":2" />
!2023<ref name=":2" />
!2024<ref name=":2" />
|-
|Sales
|46,826
|53,670
|44,651
|64,215
|79,184
|86,153
|84,863
|-
|Net profit (before minority interests)
|6,354
|7,171
|4,702
|12,036
|12,036
|15,174
|12,550
|-
|Total equity
|33,957
|38,365
|38,829
|48,909
|56,604
|62,701
|69,287
|}

=== Sales by region ===
{| class="wikitable"
!Region
!2024 Sales in billion €<ref>{{Cite web |title=LVMH: Shareholders Board Members Managers and Company Profile {{!}} FR0000121014 {{!}} MarketScreener |url=https://www.marketscreener.com/quote/stock/LVMH-4669/company/ |access-date=2024-03-19 |website=www.marketscreener.com |language=en}}</ref>
!in %
|-
|Asia (excluding Japan)
|23.25
|27.5 %
|-
|United States
|21.55
|25.4%
|-
|Europe (excluding France)
|14.54
|17.2%
|-
|Japan
|7.48
|8.8%
|-
|France
|7.01
|8.3%
|-
|Other countries
|10.86
|12.8%
|}

== Philanthropy, sponsorships and events ==
===Visual arts===
LVMH is a major patron of art in France. The group supported about ten exhibitions as "''Le grand monde d’Andy Warhol''"<ref>{{cite web |url=http://www.rmn.fr/Presentation-de-l-expo-Warhol |url-status=dead |title=Présentation de l'expo Warhol |archive-url=https://web.archive.org/web/20111213094612/http://www.rmn.fr/Presentation-de-l-expo-Warhol |archive-date=13 December 2011 |work=Rmn.fr}}</ref> and "''Picasso et les maîtres''"<ref>{{cite web |url=http://www.rmn.fr/LVMH-mecene-de-l-exposition |title=LVMH, mécène de l'exposition |archive-url=https://web.archive.org/web/20090721011537/http://www.rmn.fr/LVMH-mecene-de-l-exposition |archive-date=21 July 2009 |work=Rmn.fr}}</ref> at le [[Grand Palais]] in Paris. LVMH also endorsed the patronage of "''l'atelier d'Alberto Giacometti''" and "Yves Klein" at [[Centre Georges Pompidou]].

Since 2005, when the LVMH flagship store opened in Paris at 3, [[avenue George V]], 75008, the company presented close collaborations with contemporary artists.<ref name="Exclusively for the Champs-Elysees">{{cite web|url=http://www.prnewswire.com/news-releases/louis-vuitton-hosts-a-star-studded-celebration-for-the-inauguration-of-its-champs-elysees-house-55016922.html|title=Exclusively for the Champs-Elysees|access-date=7 November 2015|archive-date=7 July 2017|archive-url=https://web.archive.org/web/20170707084744/http://www.prnewswire.com/news-releases/louis-vuitton-hosts-a-star-studded-celebration-for-the-inauguration-of-its-champs-elysees-house-55016922.html|url-status=live}}</ref> Features included a light sculpture by American [[James Turrell]], a 20-metre (65 feet) long "travelling staircase" showcasing the work of American video artist [[Tim White-Sobieski]] and an elevator linking the store to the top floor by Iceland's [[Olafur Eliasson]].<ref name="BlouinARTINFO">{{cite web|url=http://www.blouinartinfo.com/news/story/1298/louis-vuitton-opens-largest-store-on-champs-elysees|title=BlouinARTINFO|access-date=7 November 2015|archive-date=11 March 2016|archive-url=https://web.archive.org/web/20160311110637/http://www.blouinartinfo.com/news/story/1298/louis-vuitton-opens-largest-store-on-champs-elysees|url-status=dead}}</ref>

In 2006, a gallery space was inaugurated on the second floor of the same building and named "''Espace Culturel''".<ref name="Espace Culturel">{{cite web|url=http://www.iconique.com/flash/style/vuitton-icons.html|title=Espace Culturel|access-date=7 November 2015|archive-date=11 February 2016|archive-url=https://web.archive.org/web/20160211053515/http://www.iconique.com/flash/style/vuitton-icons.html|url-status=dead}}</ref> "''Icônes''" was one of the first exhibitions.<ref>{{cite web |title=Louis Vuitton s'est associé à neuf créateurs |url=http://evene.lefigaro.fr/culture/agenda/icones-13851.php |archive-url=https://web.archive.org/web/20160304200104/http://evene.lefigaro.fr/culture/agenda/icones-13851.php |url-status=dead |archive-date=4 March 2016 |work=Le Figaro}}</ref> [[Shigeru Ban]], [[Sylvie Fleury]], [[Zaha Hadid]], [[Bruno Peinado]], [[Andrée Putman]], [[Ugo Rondinone]], James Turrell, Tim White-Sobieski and [[Robert Wilson (director)|Robert Wilson]] were the nine artists invited by Louis Vuitton to participate in it.<ref name="deeny">{{cite news |last=Deeny |first=Godfrey |date=12 October 2018 |title=Antoine Arnault kicks off the Journées Particulières of LVMH |url=https://uk.fashionnetwork.com/news/Antoine-arnault-kicks-off-the-journees-particulieres-of-lvmh,1023951.html#.W8D31Sp1OUk |url-status=live |archive-url=https://web.archive.org/web/20211113173632/https://uk.fashionnetwork.com/news/Antoine-arnault-kicks-off-the-journees-particulieres-of-lvmh,1023951.html#.W8D31Sp1OUk |archive-date=13 November 2021 |access-date=13 November 2021 |work=Fashion Network}}</ref>

In addition, LVMH foundation created the "young creators LVMH award", an international competition opened to French and international beaux-arts students.<ref>{{cite web |url=http://www.artfact-paris.com/fr/blog/prix-lvmh-des-jeunes-createurs-2009/id-menu-119.html |title=Prix LVMH des jeunes créateurs |archive-url=https://web.archive.org/web/20160406141435/http://www.artfact-paris.com/fr/blog/prix-lvmh-des-jeunes-createurs-2009/id-menu-119.html |archive-date=6 April 2016 |publisher=Artefact Paris}}</ref> Each year, six grants are allocated to the winners.

In 2014, LVMH opened the Fondation Louis Vuitton pour la Creation in a new building designed by [[Frank Gehry]] in the Bois de Boulogne in Paris. The Fondation is designed as the Group's own museum to present its collections and organize major world-class art exhibitions.

===Fashion===
{{Further|LVMH Prize}}

In November 2013, LVMH created the ''[[LVMH Prize|LVMH Young Fashion Designer Prize]]'', which comes with a €300,000 grant with a year of mentoring; it was the brainchild of [[Delphine Arnault]].<ref name="LVMH to Establish Global Fashion Prize">{{cite web |last=Miles Socha |date=21 November 2013 |title=LVMH to Establish Global Fashion Prize |url=https://www.wwd.com/fashion-news/fashion-features/lvmh-launches-young-fashion-designer-prize-7285108?src=n/newsAlert/20131121-1 |access-date=21 November 2013 |publisher=WWM |archive-date=23 December 2014 |archive-url=https://web.archive.org/web/20141223203553/http://www.wwd.com/fashion-news/fashion-features/lvmh-launches-young-fashion-designer-prize-7285108?src=n%2FnewsAlert%2F20131121-1 |url-status=live }}</ref> In February 2014 20 finalists for the inaugural prize were shown in London, including Simone Rocha, Thomas Tait, Meadham Kirchhoff, [[Marques'Almeida]], J JS Lee, and others,<ref name="Delphine Arnault Unveils LVMH Prize Finalists">{{cite web |last=Socha, Miles |date=13 February 2014 |title=Delphine Arnault Unveils LVMH Prize Finalists |url=https://www.wwd.com/fashion-news/fashion-features/lvmh-unveils-design-prize-candidates-7449061?src=nl/mornReport/20140213 |access-date=13 February 2014 |publisher=WWD |archive-date=7 October 2015 |archive-url=https://web.archive.org/web/20151007041635/http://wwd.com/fashion-news/fashion-features/lvmh-unveils-design-prize-candidates-7449061/?src=nl%2FmornReport%2F20140213 |url-status=live }}</ref> and Thomas Tait was the winner.<ref name="friedman" /> Marques'Almeida won the 2015 prize.<ref name="friedman">{{cite news |last=Friedman, Vanessa |date=22 May 2015 |title=Marques'Almeida Wins 2015 LVMH Prize |work=The New York Times |url=https://www.nytimes.com/2015/05/29/fashion/marquesalmeida-wins-2015-lvmh-prize.html |access-date=24 May 2015 |archive-date=16 December 2020 |archive-url=https://web.archive.org/web/20201216222638/https://www.nytimes.com/2015/05/29/fashion/marquesalmeida-wins-2015-lvmh-prize.html |url-status=live }}</ref> In 2019, South African designer [[Thebe Magugu]] became the first African to win the prize,<ref>{{cite web|url=https://www.nytimes.com/2019/09/04/fashion/thebe-magugu-wins-lvmh-prize-for-young-designers.html|title=Thebe Magugu Wins LVMH Prize for Young Designers|first=Elizabeth|last=Paton|date=4 September 2019|work=[[The New York Times]]|access-date=19 October 2022|archive-date=19 October 2022|archive-url=https://web.archive.org/web/20221019125108/https://www.nytimes.com/2019/09/04/fashion/thebe-magugu-wins-lvmh-prize-for-young-designers.html|url-status=live}}</ref> and was commended by the President of South Africa, [[Cyril Ramaphosa]].<ref>{{cite web | url=https://www.gq.co.za/style/style101/president-cyril-ramaphosa-gives-nod-to-thebe-magugus-work-after-amazing-debut-at-paris-fashion-week-40529fa2-7c8b-40a3-b117-c768f2c18e67 | title=President Cyril Ramaphosa gives nod to Thebe Magugu's work, after amazing debut at Paris Fashion Week | date=28 February 2020 | access-date=20 October 2022 | archive-date=20 October 2022 | archive-url=https://web.archive.org/web/20221020111130/https://www.gq.co.za/style/style101/president-cyril-ramaphosa-gives-nod-to-thebe-magugus-work-after-amazing-debut-at-paris-fashion-week-40529fa2-7c8b-40a3-b117-c768f2c18e67 | url-status=live }}</ref>

LVMH underwrites other fashion competitions, including the Andam prize in France, the International Festival of Fashion and Photography in [[Hyères]], France, an investment fund for young designers created by the [[French Ministry of Culture and Communication]], and a scholarship program and sponsored lecture theater at [[Central Saint Martins]] in London.<ref name="LVMH to Establish Global Fashion Prize" />

===Music===
The group also lends [[List of Stradivarius instruments|Stradivarius violins]] to young talented musicians. [[Maxim Vengerov]] and [[Laurent Korcia]] have used the instruments.

===Humanitarian aid===
On 26 August 2019, Bernard Arnault declared that LVMH would donate $11 million to help fight the [[2019 Brazil wildfires]].<ref>{{cite web |last=Dawkins |first=David |title=Bernard Arnault's LVMH Donates $11 Million To Fight Amazon Wildfires |url=https://www.forbes.com/sites/daviddawkins/2019/08/27/bernard-arnaults-lvmh-donates-11-million-to-fight-amazon-wildfires/ |access-date=27 August 2019 |website=Forbes |archive-date=27 August 2019 |archive-url=https://web.archive.org/web/20190827121932/https://www.forbes.com/sites/daviddawkins/2019/08/27/bernard-arnaults-lvmh-donates-11-million-to-fight-amazon-wildfires/ |url-status=live }}</ref> In 2021, [[UNESCO]] and LVMH launched the UNESCO x LVMH Project to protect critical rainforest within 8 biosphere reserves located in Bolivia (Pilón-Lajas and Beni Biosphere Reserves), Ecuador (Yasuní, Sumaco and Podocarpus-El Condor Biosphere Reserves), Brazil (Central Amazon Biosphere Reserve) and Peru (Manu and Oxapampa-Ashaninka-Yanesha Biosphere Reserves).<ref>{{Cite web |date=10 October 2021 |title=UNESCO x LVMH project provides solutions in Amazon biosphere reserves |url=https://www.unesco.org/en/articles/unesco-x-lvmh-project-provides-solutions-amazon-biosphere-reserves |access-date=17 May 2025 |website=UNESCO}}</ref><ref>{{Cite web |date=9 August 2023 |title=Stopping Amazonian wildfires before they even occur |url=https://www.unesco.org/en/articles/stopping-amazonian-wildfires-they-even-occur |access-date=17 May 2025 |website=UNESCO}}</ref>

During the [[COVID-19]] crisis, the group shifted its production of perfume and spirits towards hand sanitizer. This production of 12 tons has been offered to hospitals in Paris, France.<ref>{{cite news |url=https://www.ft.com/content/e9c2bae4-6909-11ea-800d-da70cff6e4d3 |title=Inside the factory: how LVMH met France's call for hand sanitiser in 72 hours |url-access=subscription |work=Financial Times |date=19 March 2020 |last1=Abboud |first1=Leila |access-date=20 March 2020 |archive-date=20 March 2020 |archive-url=https://web.archive.org/web/20200320144422/https://www.ft.com/content/e9c2bae4-6909-11ea-800d-da70cff6e4d3 |url-status=live }}</ref>

In 2022, Louis Vuitton announced a €1 million donation to UNICEF to help the Ukrainian victims of the [[2022 Russian invasion of Ukraine|Russian invasion]].<ref>{{cite web
 |author       = Rhonda Richford
 |url          = https://wwd.com/business-news/financial/louis-vuitton-donates-to-unicef-for-ukraine-relief-efforts-1235120468/
 |title        = Louis Vuitton Donates to UNICEF for Ukraine Relief Efforts
 |publisher    = WWD
 |date         = 4 March 2022
 |accessdate   = 8 March 2022
 |archive-date = 7 March 2022
 |archive-url  = https://web.archive.org/web/20220307234507/https://wwd.com/business-news/financial/louis-vuitton-donates-to-unicef-for-ukraine-relief-efforts-1235120468/
 |url-status   = live
}}</ref> On 2 March 2022, LVMH Group pledged €5 million to the [[International Committee of the Red Cross|Red Cross]] to those affected by the war.<ref>{{cite web
 |author       = Kati Chitrakorn
 |url          = https://www.voguebusiness.com/fashion/lvmh-pledges-5-million-euros-to-ukrainian-relief-following-kering-brands
 |title        = LVMH pledges €5 million to Ukrainian relief, following Kering brands
 |publisher    = Vogue Business
 |date         = 2 March 2022
 |accessdate   = 8 March 2022
 |archive-date = 5 March 2022
 |archive-url  = https://web.archive.org/web/20220305204856/https://www.voguebusiness.com/fashion/lvmh-pledges-5-million-euros-to-ukrainian-relief-following-kering-brands
 |url-status   = live
}}</ref><ref>{{cite web
 |author       = Miles Socha, Luisa Zargani
 |url          = https://wwd.com/business-news/financial/kering-to-support-ukrainian-refugees-via-u-n-1235112902/
 |title        = Fashion Industry Joins Relief Efforts to Help Ukrainian Refugees
 |publisher    = WWD
 |date         = 2 March 2022
 |accessdate   = 8 March 2022
 |archive-date = 7 March 2022
 |archive-url  = https://web.archive.org/web/20220307155413/https://wwd.com/business-news/financial/kering-to-support-ukrainian-refugees-via-u-n-1235112902/
 |url-status   = live
}}</ref> In addition, the company closed 124 of its stores in Russia.<ref>{{cite news |last=Maheshwari |first=Sapna |date=4 March 2022 |title=Luxury giants LVMH and Hermès will close stores in Russia temporarily. |work=The New York Times |url=https://www.nytimes.com/2022/03/04/business/lvmh-hermes-russia.html |access-date=18 April 2022 |issn=0362-4331 |archive-date=15 August 2022 |archive-url=https://web.archive.org/web/20220815045700/https://www.nytimes.com/2022/03/04/business/lvmh-hermes-russia.html |url-status=live }}</ref>

=== Sports ===
[[File:Medailles-olympiques-Paris2024.jpg|thumb|The 2024 [[Olympic medal]]s created by [[Chaumet]], a subsidiary of LVMH]]
LVMH sponsored the [[Paris]] 2024 [[Olympic Games|Olympic]] and [[Paralympic Games]] as a premium partner.<ref name="vogue">{{Cite web |date=2023-07-24 |title=LVMH to sponsor the 2024 Olympic Games in Paris |url=https://www.voguebusiness.com/fashion/lvmh-to-sponsor-the-2024-olympic-games-in-paris |access-date=2023-08-08 |website=Vogue Business |language=en-US |archive-date=11 August 2023 |archive-url=https://web.archive.org/web/20230811023627/https://www.voguebusiness.com/fashion/lvmh-to-sponsor-the-2024-olympic-games-in-paris |url-status=live }}</ref> The company spent €150 million to seal the partnership. [[Chaumet]] jewelry company was responsible for the design of the medals; one of LVMH's [[Fashion design|fashion houses]], [[Berluti]], dressed the French delegation; and [[Moët & Chandon|Moët]] [[Hennessy]] provided its products for the events.<ref>{{Cite web|language=en|url=https://www.independent.co.uk/news/lvmh-ap-french-sanofi-carrefour-b2381212.html|title=Luxury group LVMH joins top-tier French sponsors of the 2024 Paris Olympics and Paralympics|website=Independent|date=25 July 2023 |access-date=2024-02-25|archive-date=2023-07-26|archive-url=https://web.archive.org/web/20230726030741/https://www.independent.co.uk/news/lvmh-ap-french-sanofi-carrefour-b2381212.html}}</ref> Also as part of the partnership, LVMH participated in the activities of French Popular Relief, a charity organization that facilitates access to sport for 1,000 children and young people aged 4 to 25 living in [[Vulnerability|vulnerable]] situations.<ref name="vogue" /> The group sponsored [[athlete]]s, which includes French swimmer [[Leon Marchand]], and its beauty retailer [[Sephora]] sponsored the [[Olympic flame|Olympic torch relay]].<ref>{{Cite news |date=2023-07-24 |title=LVMH strikes Paris Olympic Games sponsorship deal |language=en |work=Reuters |url=https://www.reuters.com/world/europe/lvmh-strikes-paris-olympic-games-sponsorship-deal-2023-07-24/ |access-date=2023-08-08 |archive-date=10 August 2023 |archive-url=https://web.archive.org/web/20230810225046/https://www.reuters.com/world/europe/lvmh-strikes-paris-olympic-games-sponsorship-deal-2023-07-24/ |url-status=live }}</ref>

After [[Formula One]]'s existing deal with [[Rolex]] expired in 2024, LVMH is set to re-enter the sport in 2025, investing $150 million annually in a multi-year deal. Through this partnership, TAG Heuer, having already sponsored the [[Monaco Grand Prix]] and [[Red Bull Racing]] Formula One teams, is set to return as Formula One timekeeper,<ref>{{Cite web |last=Arteche |first=Katherine |date=2024-07-15 |title=Breaking News: Rolex Exits Formula 1, LVMH to Invest $150M Annually with TAG Heuer |url=https://revolutionwatch.com/rolex-tag-heuer-f1-sponsorship/ |access-date=2024-11-19 |website=Revolution Watch |language=en-US}}</ref> with Louis Vuitton set to sponsor the [[Australian Grand Prix]] from 2025 onward.<ref>{{Cite web |title=Louis Vuitton joins Formula 1 and becomes title partner of the Australian Grand Prix |url=https://www.formula1.com/en/latest/article/louis-vuitton-joins-formula-1-and-becomes-title-partner-of-the-australian.58mNaCGDE8tStakoVUkhz |website=Formula One |language=en |date=2024-01-30}}</ref>

=== ''Journées Particulières'' ===
Launched in 2011, ''Journées Particulières'' (Particular Days) is a biennial event which allows visitors to enter the various ateliers, studios, caves, and mansions owned by LVMH, for free.

{{Blockquote
| text      =For the first edition we were not at all certain that the public would come. I speak about that with some emotion. I remember coming along avenue Montaigne at 8AM that first morning and seeing hundreds of people, families, elderly ladies and little kids waiting for the doors of avenue Montaigne 30 to open and I thought we are going to write a beautiful page in history.
| author    =[[Antoine Arnault]]
| source    =referring to Christian Dior's headquarters<ref name="deeny"/>
}}

It is staged every two years and has opened doors in France, Italy, Switzerland, the UK, the Netherlands, Spain and Germany, with 56 brands welcoming guests into over 70 sites on four continents. The 2017 issue attracted 145,000 visitors.<ref name="deeny" />

== Controversies ==
=== John Galliano's anti-semitism ===
{{further|John Galliano#Anti-semitic outbursts}}

On 25 February 2011, Christian Dior announced they had suspended designer John Galliano following his arrest over an alleged anti-semitic tirade in a Paris bar.<ref>{{cite web|date=1 March 2011|title=John Galliano suspended by Dior following arrest over 'anti-semitic rant' - Telegraph|url=http://fashion.telegraph.co.uk/article/TMG8347082/John-Galliano-suspended-by-Dior-following-arrest-over-anti-semitic-rant.html|access-date=29 October 2021|archive-url=https://web.archive.org/web/20110301180036/http://fashion.telegraph.co.uk/article/TMG8347082/John-Galliano-suspended-by-Dior-following-arrest-over-anti-semitic-rant.html|archive-date=1 March 2011}}</ref> In France, it is against the law to make anti-semitic remarks of this nature, and it can be punished by up to six months in prison.<ref>{{cite web|date=2 March 2011|title=John Galliano anti-Semitic rant caught on video; Slurs on camera 'I love Hitler'|website=[[New York Daily News]]|url=http://www.nydailynews.com/news/world/2011/02/28/2011-02-28_john_galliano_antisemitic_rant_caught_on_video_nicole_kidman_wore_dior_by_gallia.html|access-date=29 October 2021|archive-url=https://web.archive.org/web/20110302055230/http://www.nydailynews.com/news/world/2011/02/28/2011-02-28_john_galliano_antisemitic_rant_caught_on_video_nicole_kidman_wore_dior_by_gallia.html|archive-date=2 March 2011}}</ref> On 1 March 2011, Christian Dior officially announced that it had fired Galliano amidst the controversy.<ref>{{cite web|date=4 March 2011|title=Galliano fired after reportedly praising Hitler in rant - TODAY Fashion & Beauty - TODAYshow.com|website=[[NBC News]] |url=https://www.nbcnews.com/id/wbna41848694|access-date=29 October 2021|url-status=live|archive-url=https://web.archive.org/web/20110304181311/http://today.msnbc.msn.com/id/41848694/ns/today-today_fashion_and_beauty/?GT1=43001|archive-date=4 March 2011}}</ref>

=== Sebastian Suhl ===
{{further|Sebastian Suhl#Givenchy}}

In 2012 former Prada COO Sebastian Suhl was hired by Givenchy as the company's new CEO.<ref>{{cite web|title=Sebastian Suhl is part of the BoF 500|url=https://www.businessoffashion.com/community/people/sebastian-suhl|access-date=29 October 2021|website=The Business of Fashion|date=16 October 2020 |archive-date=29 October 2021|archive-url=https://web.archive.org/web/20211029063140/https://www.businessoffashion.com/community/people/sebastian-suhl|url-status=live}}</ref> The Asian Transnational Corporation Monitoring Network (ATNC), a network made of 15 organizations from 12 Asian countries wrote a letter of concern to LVMH Group's Bernard Arnault as Suhl was at the same time a key person in the [[Prada Female Discrimination Case]] where he was described as complicit in sexual harassment and discrimination practices.<ref>{{cite web|date=8 May 2012|title=Against LVMH Group on appointing Sebastian Suhl as COO of Givenchy while the candidate is in the case of sexual harassment and discrimination case in Prada Japan and Prada Luxemburg|url=https://atncdotasia.wordpress.com/2012/05/08/against-lvmh-group-on-appointing-sebastian-suhl/|access-date=29 October 2021|website=ATNC Monitoring Network|archive-date=22 October 2021|archive-url=https://web.archive.org/web/20211022121523/https://atncdotasia.wordpress.com/2012/05/08/against-lvmh-group-on-appointing-sebastian-suhl/|url-status=dead}}</ref><ref>{{cite web|last=Koedo|first=Shizuko|date=6 June 2014|title=Alternative Report to the Human Rights Committee for the Consideration of the Sixth Periodic : Japan|url=https://tbinternet.ohchr.org/Treaties/CCPR/Shared%20Documents/JPN/INT_CCPR_CSS_JPN_17360_E.pdf|access-date=4 November 2021|website=OHCHR|archive-date=4 March 2022|archive-url=https://web.archive.org/web/20220304212612/https://tbinternet.ohchr.org/Treaties/CCPR/Shared%20Documents/JPN/INT_CCPR_CSS_JPN_17360_E.pdf|url-status=live}}</ref>

===Corruption===
During December 2021, LVMH paid €10 million to settle claims in Paris to end several criminal investigations that a former French intelligence chief, [[Bernard Squarcini]], spied for the company, on competitors and others, including on journalist [[François Ruffin]] making a film about its billionaire owner, Bernard Arnault.  Prosecutors allege that the intelligence chief used tactics like influence peddling, invasion of privacy, and leveraging his network in intelligence and police on behalf of the company.<ref>{{cite news|last=Abboud|first=Leila|date=16 December 2021|title=LVMH settles corruption claims linked to former French spy chief|work=The Financial Times|url=https://www.ft.com/content/1688b150-49b8-45f7-8b00-b37d3e518675|access-date=17 December 2021|archive-date=17 December 2021|archive-url=https://web.archive.org/web/20211217205656/https://www.ft.com/content/1688b150-49b8-45f7-8b00-b37d3e518675|url-status=live}}</ref>

===Fendi store openings 2023===
Fendi has been very active in building new flagship stores in several places like Doha and Amsterdam.{{Citation needed|date=February 2024}} It has been claimed that in 2023 Fendi had not paid, or had only partially paid, invoices from their suppliers, with some amounts remaining outstanding for over a year.{{Citation needed|date=February 2024}}

===2024 Olympic medals===
LVMH faced controversy in 2025 when it was revealed that the [[Olympic medal]]s created by subsidiary [[Chaumet]] for the [[2024 Summer Olympics]] had begun to deteriorate and fall apart. By January 2025 over 100 Olympic medalists had requested replacement medals.<ref>{{Cite news |last1=Panja |first1=Tariq |last2=Alderman |first2=Liz |date=2025-01-20 |title=Olympic Medals From Paris Games Are Falling Apart. LVMH Has Fallen Silent. |url=https://www.nytimes.com/2025/01/20/business/medals-paris-olympics-lvmh.html |url-status=live |archive-url=https://archive.today/20250121112048/https://www.nytimes.com/2025/01/20/business/medals-paris-olympics-lvmh.html |archive-date=21 January 2025 |access-date=2025-01-21 |work=[[The New York Times]] |language=en-US |issn=0362-4331}}</ref>

=== 2025 PETA Investigations ===
In April 2025, a set of investigations launched by PETA (People for the Ethical Treatment of Animals) uncovered disturbing practices at slaughterhouses that supply LVMH. PETA raised concerns about conscious snakes being inflated with water, struck with hammers, and cut with razors. They also reported that minks and foxes were raised in cramped and unsanitary conditions before being electrocuted, gassed, bludgeoned, or skinned alive.<ref>{{Cite web |last=News-Desk |first=Apparel Resources |date=2025-04-17 |title=PETA continues campaign against LVMH's animal fur and skin cruelty for fashion {{!}} Sustainability News France |url=https://apparelresources.com/business-news/sustainability/peta-continues-campaign-lvmhs-animal-fur-skin-cruelty-fashion/ |access-date=2025-06-06 |website=Apparel Resources |language=en-US}}</ref>

=== 2025 Wine & Spirits Division financial crisis ===
In May 2025, The Financial Times reported that Moët Hennessy, LVMH’s wines and spirits division, had undergone a significant financial and strategic crisis under former CEO Philippe Schaus. The investigation cited a reversal from over €1 billion in cash flow in 2019 to a €1.5 billion cash burn in 2024, linked to aggressive price increases, a series of acquisitions, and cultural tensions within the group. The article also raised questions about LVMH’s executive oversight during this period.<ref>{{Cite web |last=Klasa |first=Adrienne |date=14 May 2025 |title=Dubious deals, soaring prices and hubris: inside Moët Hennessy's crisis |url=https://www.ft.com/content/5fdf5c34-cb1d-40da-8e7c-8daca5d84fd3 |access-date=16 May 2025 |website=Financial Times}}</ref><ref>{{Cite web |last=Michentef |first=Sophie |date=15 May 2025 |title=CHAMPAGNE: CLOUDS GATHERING AT MUMM (PERNOD RICARD) AND MOËT-HENNESSY (LVMH) |url=https://luxus-plus.com/en/champagne-clouds-gathering-at-mumm-pernod-ricard-and-moet-hennessy-lvmh/ |access-date=16 May 2025 |website=LUXUX +}}</ref><ref>{{Cite web |last=Arundel |first=Sophie |date=16 May 2025 |title=Workers strike at LVMH and Pernod Ricard Champagne houses |url=https://www.thedrinksbusiness.com/2025/05/workers-strike-at-lvmh-and-pernod-ricard-champagne-houses/ |access-date=16 May 2025 |website=The Drinks Business}}</ref><ref>{{Cite web |last=Hummel |first=Tassilo |date=12 May 2025 |title=Moet Hennessy woes test Alexandre Arnault's credentials |url=https://www.reuters.com/business/retail-consumer/moet-hennessy-woes-test-alexandre-arnaults-credentials-2025-05-12/ |access-date=16 May 2025 |website=Reuters}}</ref>

== See also ==
{{Portal|Companies|Fashion|France}}
* [[Kering]]
* [[Luxottica]]
* [[Richemont]]
* [[The Estée Lauder Companies]]

==References==
{{Notelist}}
{{Reflist}}

== External links ==
{{Commons category}}
*{{Official website}}
*[https://elegance-suisse.ch/project/lvmh/ Brands of the LVMH group]
*[https://annuaire-entreprises.data.gouv.fr/entreprise/lvmh-moet-hennessy-louis-vuitton-775670417 LVMH Moët Hennessy Louis Vuitton] – {{Lang|fr|Annuaire des Entreprises}} {{in lang|fr}}

{{LVMH}}
{{Euro Stoxx 50 Companies}}
{{CAC 40 companies}}
{{Authority control}}

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