If you’re a fashion enthusiast, you might have wondered whether Louis Vuitton and Michael Kors are owned by the same parent company. In this article, we’ll delve into this topic and provide you with the answers you seek.
Firstly, it’s important to note that Louis Vuitton and Michael Kors are two separate entities. They are not owned by the same parent company. Let’s take a closer look at each brand.
Louis Vuitton
Louis Vuitton is a luxury fashion brand that was founded in 1854 by Louis Vuitton himself. The brand is known for its iconic monogram design and high-quality products such as handbags, luggage, clothing, and accessories.
In 1987, Louis Vuitton merged with Moët Hennessy to form the luxury goods conglomerate LVMH (Louis Vuitton Moët Hennessy). LVMH is the parent company of other luxury brands such as Dior, Fendi, Givenchy, and Celine. However, Michael Kors is not part of the LVMH family.
Michael Kors
Michael Kors is an American luxury fashion brand that was founded in 1981 by Michael Kors himself. The brand is known for its modern yet timeless designs such as handbags, clothing, shoes, and accessories.
In 2011, Michael Kors Holdings Limited went public on the New York Stock Exchange (NYSE) under the ticker symbol “KORS”. The company has since changed its name to Capri Holdings Limited to reflect its acquisition of other luxury brands such as Versace and Jimmy Choo. However, neither Louis Vuitton nor LVMH is part of Capri Holdings Limited.
- In conclusion, Louis Vuitton does not own Michael Kors.
- While both brands are popular luxury fashion labels, they are owned by different parent companies.
- LVMH is the parent company of Louis Vuitton, while Capri Holdings Limited is the parent company of Michael Kors.
Conclusion
In summary, it’s important to do your research and fact-check before assuming that two brands are owned by the same parent company. Even though Louis Vuitton and Michael Kors are not owned by the same company, they both continue to be highly sought-after brands in the fashion industry.