France (FR)

OpenCorporation rating: 83.5 on 100

Ranking 2020: 1 on 566 companies

Primary and secondary NACE classification:
• Manufacture of other outerwear (1413)
• Distilling, rectifying and blending of spirits (1101)

Company description

This company, based in France, the world's largest luxury goods company, active in five different sectors: wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing. It was incorporated in 1977. It conducts business from its registered head office located in Paris.The company is a merging product between Moet et Chandon, Hennessy and Louis Vuitton in 1987. It possesses a portfolio of more than 60 brands. Its premiere brands include Veuve Clicquot, Hennessy, Christian Dior, Guerlain, Givenchy, Bliss, Fresh, BeneFit, Donna Karan, Givenchy, Kenzo, Marc Jacobs, Louis Vuitton, TAG Heuer, Ebel, Chaumet, and Fred. It operates approximately 1,500 stores worldwide. Its current business plan aims to tightly control the brands it manages, in order to maintain and heighten the perception of luxury, relating to its products. To expand its fragrance and cosmetics holdings in the United States, the company invested in four American beauty products companies: Hard Candy, Bliss Spa, BeneFit Cosmetics, and Make Up For Ever. It also established a watch and jewelry division, which included a Swiss watch maker, Tag Heuer AG. It also acquired watch makers Zenith, Ebel, and Chaumet. It also owns luxury retailers, including DFS Group Ltd., a group of duty-free stores, and Sephora, a cosmetics and perfume chain. The company entered into strategic partnership with Italian fashion company Prada, to remain competitive in the marketplace.

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Latest news about lvmh moet hennessy louis vuitton

15 March 2020 - 12:00

LVMH to make disinfectant gels to aid French coronavirus fight

Louis Vuitton owner LVMH (LVMH.PA) said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant gel to help stave off a nationwide shortage across France as the coronavirus rapidly spreads.

“LVMH will use the production lines of its perfume and cosmetic brands ... to produce large quantities of hydroalcoholic gels from Monday,” LVMH said in a statement.

› source:  Reuters
31 January 2020 - 12:00

Andrea Guerra: "Vado da Arnault a lanciare il polo degli alberghi. Attenti alle Big Tech, hanno troppo potere"

Il manager romano si lancia nel settore del lusso: sarà ceo di Lvmh Hospitality Excellence, il polo di alberghi e turismo creato dopo l'acquisizione di Belmond. Rimarrà anche presidente di Eataly che ha in programma un intenso piano di aperture per arrivare a 2 miliardi di fatturato

22 January 2020 - 12:00

Il virus cinese contagia anche il patrimonio di Bernard Arnault

Uno scontro infinito in cui i sorpassi sono all’ordine del giorno. È questo il riassunto della sfida miliardaria tra Jeff Bezos e Bernard Arnault e i loro due colossi Amazon e LVMH. Essere l’uomo più ricco al mondo sembra infatti una “maledizione”: va incontro a un ridimensionamento del patrimonio e retrocede in classifica.

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