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Website. lvmh .com. LVMH Moët Hennessy Louis Vuitton ( French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃] ), [ 1] commonly known as LVMH, is a French [ 7] multinational holding company and conglomerate specializing in luxury goods, headquartered in Paris. [ 8]
For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. [ 7] In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. [ 8] The company operates in 50 countries with more than 460 stores worldwide.
The Louis Vuitton Foundation ( French: Fondation d'entreprise Louis-Vuitton ), previously Louis Vuitton Foundation for Creation ( Fondation Louis-Vuitton pour la création ), is a French art museum and cultural center sponsored by the group LVMH and its subsidiaries. It is run as a legally separate, nonprofit entity as part of LVMH's promotion ...
Bernard Jean Étienne Arnault ( French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [ 2][ 3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is one of the richest individuals in the world, with an estimated net worth of US$ 180 billion as ...
According to the Global Wealth and Lifestyle Report 2020, Hong Kong, Shanghai, Tokyo and Singapore were four of the five most expensive cities for luxury goods in Asia. [26] In 2014, the luxury sector was expected to grow over the following ten years because of 440 million consumers spending a total of 880 billion euros, or $1.2 trillion. [27]
Louis Vuitton (designer) Louis Vuitton ( French: [lwi vɥitɔ̃] ⓘ; 4 August 1821 – 27 February 1892) [ 1] was a French fashion designer and businessman. He was the founder of the Louis Vuitton brand of leather goods now owned by LVMH. Prior to this, he had been appointed as trunk-maker to Empress Eugénie de Montijo, wife of Napoleon III.
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In October 2021, the fashion brand Louis Vuitton announced Jung as their new global ambassador for fashion, watches, and jewelry; creative director Nicolas Ghesquière said he "immediately fell in love with Jung's great talent and fantastic personality" from her performance on Squid Game. [124]