If you are a fashion enthusiast, you are probably familiar with the luxury brand Louis Vuitton. However, you may not be aware of its parent company, LVMH. In this article, we will explore the difference between Louis Vuitton and LVMH.
What Is Louis Vuitton?
Louis Vuitton is a French fashion brand founded in 1854 by Louis Vuitton. The brand is known for its high-end leather goods such as handbags, luggage, wallets, and accessories. Over the years, Louis Vuitton has expanded its product line to include clothing, shoes, and jewelry.
The brand’s signature monogrammed canvas pattern is recognized worldwide and has become a symbol of luxury and sophistication. Louis Vuitton operates in over 50 countries with more than 460 stores worldwide.
What Is LVMH?
LVMH Moët Hennessy Louis Vuitton SE (LVMH) is a French multinational luxury conglomerate that was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, a company that produces champagne and cognac.
LVMH is the parent company of several prestigious brands including Christian Dior, Fendi, Givenchy, Marc Jacobs, Bulgari, Sephora, and many others. The company operates in various sectors such as fashion and leather goods, perfumes and cosmetics, watches and jewelry, wines and spirits.
What Is the Difference Between Louis Vuitton and LVMH?
The primary difference between Louis Vuitton and LVMH is that while Louis Vuitton is one of the many brands owned by LVMH; it operates independently under its own name as a subsidiary of LVMH.
Louis Vuitton focuses primarily on producing high-end leather goods while LVMH operates in various sectors, including fashion and leather goods, perfumes and cosmetics, watches and jewelry, wines and spirits.
Another difference is in the brand’s Target market. Louis Vuitton is known for catering to the wealthy elite, while LVMH operates in various price points to appeal to a broader audience.
Conclusion
In conclusion, Louis Vuitton is a luxury fashion brand that specializes in high-end leather goods. LVMH, on the other hand, is a multinational luxury conglomerate that owns several prestigious brands across various sectors. While Louis Vuitton operates independently under its own name as a subsidiary of LVMH, the primary difference between the two lies in their product line and Target market.