Goyard is a luxury fashion brand that has become increasingly popular in recent years. The brand is known for its high-quality leather goods, including handbags, wallets, and luggage.
However, there has been some confusion about the relationship between Goyard and Louis Vuitton. Are they owned by the same company? In this article, we will explore the history of both brands to answer this question.
History of Goyard
Goyard was founded in 1853 by François Goyard. The company began as a maker of boxes and trunks for the aristocracy in France.
Over time, the brand expanded to include other leather goods such as handbags and wallets. Today, Goyard is known for its signature chevron pattern which is featured prominently on their products.
History of Louis Vuitton
Louis Vuitton was founded in 1854 by Louis Vuitton himself. Like Goyard, Louis Vuitton began as a maker of trunks and luggage. However, the brand quickly expanded to include a wide range of luxury accessories such as handbags and wallets.
Are Goyard and Louis Vuitton Owned by the Same Company?
Despite their similarities in history and product offerings, Goyard and Louis Vuitton are not owned by the same company. While both brands are based in France and have a long history in luxury fashion, they are separate entities with different ownership structures.
Goyard Ownership
Goyard is still family-owned to this day. The brand has been passed down through generations of the Goyard family since its founding over 150 years ago. Today, Jean-Michel Signoles is at the helm of the company as CEO.
Louis Vuitton Ownership
Louis Vuitton, on the other hand, is owned by LVMH Moët Hennessy Louis Vuitton SE. LVMH is a multinational luxury goods conglomerate based in France. The company was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, a producer of champagne and cognac.
Conclusion
In conclusion, Goyard and Louis Vuitton are two separate luxury fashion brands with different ownership structures. While they share a similar history and product offerings, they are not owned by the same company. If you’re looking to invest in a Goyard or Louis Vuitton product, it’s important to understand the differences between the two brands and their ownership structures.
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