One Minute Business Models Series: LVMH Business Model
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'China Oracle' LVMH's Andrew Wu | BoF China Summit 2019
Inside Louis Vuitton's success
LVMH Moët Hennessy – Louis Vuitton SE, also known as LVMH, is a French multinational luxury goods conglomerate headquartered in Paris. The company was formed in 1987 under the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy, the cognac manufacturer. It controls around 60 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently. The oldest of the LVMH brands is wine producer Château d'Yquem, which dates its origins back to 1593.