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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 company was founded in 1985, [4] and the brand's merchandise is sold in department stores and over 2000 free-standing retail stores in 100 countries. [5] In 2006, private equity firm Apax Partners acquired the company for approximately $1.6 billion. [6] In March 2010, PVH Corp., then known as Phillips-Van Heusen, bought the company. [7]
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.
In 1996 LVMH Moët Hennessy Louis Vuitton acquired the interests of Feeney and two other shareholders and as of 2012 jointly owned DFS with Miller. In this same period, several locales grew as duty-free shopping destinations. They are exemplified by Saint Martin and the US Virgin Islands in the Caribbean, Hong Kong and Singapore.
Tiffany & Co. was founded in 1837 by Charles Lewis Tiffany and John B. Young, [ 15] in New York City, as a "stationery and fancy goods emporium", with the help of Charles Tiffany's father, who financed the store for only $1,000 with profits from a cotton mill. [ 16] The store initially sold a wide variety of stationery items and, as of 1837 ...
Who: Louis Vuitton. What: New artist collaboration. Where: Available August 30 online and in Louis Vuitton stores. Why: Louis Vuitton presents their latest collection of silk scarves in ...
Georges Ferréol Vuitton (13 July 1857 – 26 October 1936) was the only child of Louis Vuitton (1821–1892; French designer and trunk maker for Empress Eugénie de Montijo [1] [2]) and Clemence-Emilie Vuitton, [3] who succeeded his father as head of the Louis Vuitton brand, which is now a brand under the umbrella of the parent company LVMH ...