LVMH

LVMH Moët Hennessy Louis Vuitton SE is the world's largest luxury conglomerate, headquartered at 22 Avenue Montaigne, Paris (Euronext Paris: MC). Formed in 1987 through the merger of Moët Hennessy and Louis Vuitton, it encompasses over 75 prestigious Maisons—including Louis Vuitton, Christian Dior, Tiffany & Co., Sephora, Moët & Chandon, and TAG Heuer—recording €80.807 billion in revenue in FY2025. Created on June 3, 1987, via the merger of champagne/cognac group Moët Hennessy (itself formed in 1971) and leather-goods house Louis Vuitton (founded 1854). Bernard Arnault gained controlling influence in 1989 and transformed LVMH into a global luxury powerhouse through serial acquisitions: Givenchy (1988), Kenzo (1993), Guerlain (1994), Loewe and Celine (1996), Sephora (1997), TAG Heuer (1999), Fendi (2001), Bulgari (2011), Loro Piana (2013), Rimowa (2016), Christian Dior Couture (2017), Belmond (2019), and Tiffany & Co. ($15.8B, closed 2021). Became the first European company to surpass a $500 billion market capitalization in 2023 before luxury sector normalization in 2024–2026.