It’s a question that has been asked time and time again: Does Hermes own Louis Vuitton? The answer, however, is not as simple as a yes or no. In fact, the two luxury fashion brands are entirely separate entities with their own unique histories and identities.
The History of Hermes
Hermes was founded in 1837 in Paris by Thierry Hermes as a harness workshop catering to European noblemen. Over the years, the brand expanded its offerings to include leather goods, silk scarves, and ready-to-wear clothing. Today, Hermes is renowned for its exquisite craftsmanship and timeless designs, with products ranging from iconic Birkin and Kelly bags to high-end watches and fragrances.
The History of Louis Vuitton
Louis Vuitton was founded in 1854 by a French businessman named Louis Vuitton. Originally specializing in travel trunks and leather goods, the brand quickly gained popularity among wealthy travelers for its durable and stylish designs. Like Hermes, Louis Vuitton has since expanded its product range to encompass everything from clothing to accessories to home decor.
Are Hermes and Louis Vuitton Related?
Despite their similar origins as luxury goods companies based in France, there is no direct relationship between Hermes and Louis Vuitton. They are two separate entities with distinct ownership structures.
Ownership of Hermes
Hermes is still privately owned by members of the founding family – currently the sixth generation of descendants from Thierry Hermes himself. This means that decisions about the company’s direction and strategy are made by those who have a personal stake in its success.
Ownership of Louis Vuitton
Louis Vuitton is owned by LVMH Moet Hennessy Louis Vuitton SE – a multinational conglomerate headquartered in France. LVMH is the world’s largest luxury goods company, with a portfolio of over 70 brands including other high-end fashion labels like Dior, Givenchy, and Fendi.
Conclusion
So to answer the question – no, Hermes does not own Louis Vuitton. While the two brands may share some similarities in terms of their history and product offerings, they are entirely separate entities with their own unique identities and ownership structures.
Whether you’re a fan of Hermes or Louis Vuitton (or both! ), there’s no denying that these luxury fashion houses have left an indelible mark on the industry – and on the closets of fashion lovers worldwide.