What does LVMH stand for?

LVMH Moët Hennessy Louis Vuitton ( French pronunciation: ​ [moɛt‿ɛnɛsi lwi vɥitɔ̃] ), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris.

How many LVMH houses are there?

LVMH is home to 70 distinguished Houses rooted in six different sectors. True to tradition, each of our brands builds on a specialty legacy while keeping an unwavering focus on the exquisite caliber of its products.

Who is the CEO of LVMH?

LVMH Chairman and CEO Bernard Arnault announces the groups 2019 results. LVMH is the worlds largest luxury goods conglomerate and is best known for owning brands such as Louis Vuitton and Givenchy. The conglomerate is also acquiring jeweler Tiffany & Co. for $15.8 billion, marking the luxury sectors most expensive deal in history.

What is the relationship between Louis Vuitton and LVMH?

He worked with Alain Chevalier, CEO of Moët Hennessy, and Henry Racamier, president of Louis Vuitton, to form LVMH. Their successful integration of various famous aspirational brands into a single group inspired other luxury companies to do the same.

What does LVMH stand for in Louis Vuitton?

By Nathan Reiff. Updated Sep 10, 2019. Moet Hennessy Louis Vuitton SE (OTC: LVMUY), commonly referred to as LVMH or Louis Vuitton, exists as a result of a 1987 merger of the renowned Louis Vuitton fashion house and wines and spirits company Moët Hennessy.

What does LVMH own?

LVMH is one of the worlds biggest fashion and drinks groups and owns many luxury brands including Louis Vuitton, MoE1/2t & Chandon, Hennessy, Veuve Clicquot, Bulgari, Dior, Celine and Givenchy.  His daughter Delphine is executive vice president of Louis Vuitton and a member of LVMHs executive board.

What does LVMH do for the fashion industry?

LVMH underwrites other fashion competitions, including the Andam prize in France, the International Festival of Fashion and Photography in Hyères, France, an investment fund for young designers created by the French Ministry of Culture and Communication, and a scholarship program and sponsored lecture theater at Central Saint Martins in London.

What does LVMH do with its Stradivarius instruments?

The group also lends Stradivarius violins to young talented musicians. Maxim Vengerov and Laurent Korcia have used the instruments. In 2014, LVMH opened the Fondation Louis Vuitton pour la Creation in a new building designed by Frank Gerry in the Bois de Boulogne in Paris.

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