Who Owns Louis Vuitton Right Now?

Louis Vuitton is a luxury fashion brand that has been around since 1854. It is a brand that has become synonymous with luxury and high-end fashion.

The brand is known for its iconic LV monogram and its signature brown leather goods. But who owns Louis Vuitton right now? Let’s take a closer look.

The History of Louis Vuitton

Louis Vuitton was founded in 1854 by a man named Louis Vuitton. He started the company as a luggage manufacturer, creating trunks that were lightweight and easy to stack. Over time, the company expanded into other areas of fashion, including handbags, clothing, shoes, and accessories.

Who Owns Louis Vuitton?

Today, Louis Vuitton is owned by LVMH Moët Hennessy – Louis Vuitton SE, commonly known as LVMH. LVMH is a French multinational conglomerate that specializes in luxury goods. The company was formed in 1987 through the merger of two companies: Moët Hennessy and Louis Vuitton.

What Is LVMH?

LVMH is the world’s largest luxury goods conglomerate. The company owns over 70 brands across various sectors of the luxury market, including fashion and leather goods, perfumes and cosmetics, watches and jewelry, and wine and spirits.

Some of the other well-known brands owned by LVMH include:

  • Christian Dior
  • Fendi
  • Celine
  • Givenchy
  • Bulgari
  • Hublot
  • Tiffany & Co.

The Leadership of LVMH

The current CEO of LVMH is Bernard Arnault. Arnault is a French billionaire businessman who has been the CEO of LVMH since 1989. He is known for his business acumen and his ability to grow the company through acquisitions.

Arnault is also one of the richest people in the world, with a net worth of over $150 billion. He has been instrumental in growing LVMH into the powerhouse that it is today.

Conclusion

In conclusion, Louis Vuitton is owned by LVMH Moët Hennessy – Louis Vuitton SE, which is the world’s largest luxury goods conglomerate. The company owns over 70 brands across various sectors of the luxury market and is led by CEO Bernard Arnault. Despite changing ownership over the years, Louis Vuitton remains one of the most iconic and recognizable luxury fashion brands in the world today.