LVMH Moet Hennessy Louis Vuitton is one of the most renowned luxury goods conglomerates in the world. Established in 1987, LVMH has a portfolio of over 70 luxury brands, including Louis Vuitton, Christian Dior, Fendi, Givenchy, and Bulgari. The company operates in five major sectors: fashion and leather goods, perfumes and cosmetics, watches and jewelry, selective retailing, and wines and spirits.
Fashion & Leather Goods Sector
The fashion and leather goods sector is one of the most profitable sectors for LVMH. It comprises brands like Louis Vuitton, Fendi, Celine, Kenzo, and Loewe.
The sector contributes to almost 40% of the group’s revenue. Louis Vuitton is the flagship brand of this sector and is known for its iconic monogrammed bags.
Perfumes & Cosmetics Sector
LVMH’s perfumes & cosmetics sector includes brands like Christian Dior Parfums, Givenchy Parfums, Benefit Cosmetics, Fresh Inc., and Guerlain. This sector contributes to almost 13% of LVMH’s revenue. Christian Dior Parfums is a leading brand in this sector that offers fragrances for both men and women.
Watches & Jewelry Sector
The watches & jewelry sector includes brands like Bulgari, TAG Heuer, Zenith Watches, Hublot SA., etc. This sector contributes to around 9% of LVMH’s total revenue. Bulgari is a leading brand in this sector known for its luxurious jewelry pieces.
Selective Retailing Sector
The selective retailing sector includes Sephora (beauty retailer), Le Bon Marché (department store), DFS Group (travel retailer), etc. This segment contributes to around 27% of LVMH’s revenue. Sephora is a leading beauty retailer that offers a wide range of cosmetics, skincare, and fragrance products.
Wines & Spirits Sector
The wines & spirits sector includes brands like Moet & Chandon, Veuve Clicquot, Glenmorangie, Belvedere Vodka, and Hennessy. This segment contributes to around 11% of LVMH’s total revenue. Moet & Chandon is one of the leading champagne brands in the world.
- LVMH has over 4,590 stores worldwide.
- The company reported a revenue of €44.7 billion in 2020.
- The company employs over 160,000 people worldwide.
In conclusion, LVMH is an iconic luxury goods conglomerate that operates in various sectors like fashion & leather goods, perfumes & cosmetics, watches & jewelry, selective retailing, and wines & spirits. With its impressive portfolio of over 70 luxury brands and a strong global presence, LVMH is one of the most aspirational companies in the world.