Louis Vuitton is one of the most recognized luxury brands in the world, known for its high-quality products and iconic monogram. However, many people are not aware of the extent of Louis Vuitton’s reach as a company. In this article, we will explore how many companies Louis Vuitton owns.
The LVMH Group
To understand Louis Vuitton’s ownership structure, we must first look at the LVMH Group. LVMH stands for Moët Hennessy – Louis Vuitton SE and is a French multinational luxury goods conglomerate. The group was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, a company that produces champagne and cognac.
Today, LVMH owns over 70 luxury brands across six categories: wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, selective retailing, and other activities. Some of the more well-known brands in their portfolio include Christian Dior, Fendi, Givenchy, Bulgari, Sephora, and Dom Pérignon.
Louis Vuitton’s Ownership within LVMH
Now that we understand the LVMH Group’s scope let’s focus on how many companies Louis Vuitton owns within this conglomerate. Louis Vuitton operates as one of LVMH’s fashion and leather goods brands. Within this category alone, Louis Vuitton has several sub-brands that it owns:
- Loewe – A Spanish luxury fashion house acquired by Louis Vuitton in 1996.
- Marc Jacobs – An American fashion designer brand acquired by Louis Vuitton in 1997.
- Celine – A French ready-to-wear brand acquired by Louis Vuitton in 1996.
- Kenzo – A French luxury fashion house acquired by Louis Vuitton in 1993.
- Fendi – An Italian luxury fashion house that Louis Vuitton has a controlling interest in since 2001.
Conclusion
In summary, while Louis Vuitton is one of the most recognizable brands globally, it is just one of over 70 brands owned by LVMH. Within the fashion and leather goods category, Louis Vuitton owns several sub-brands, including Loewe, Marc Jacobs, Celine, Kenzo, and Fendi. This ownership structure allows for LVMH to maintain a diverse portfolio of luxury brands while also allowing each brand to maintain its unique identity and offerings.