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The successful integration of various famous aspirational brands into a single group inspired other luxury companies to do the same. Thus, the French conglomerate Kering and the Swiss-based Richemont have also created extended portfolios of luxury brands. [citation needed] LVMH is a component of the Euro Stoxx 50 stock market index. [21]
Articles related to brands owned by LVMH. ... Pages in category "LVMH brands" The following 76 pages are in this category, out of 76 total. ... DFS Group; Dior;
[5] [6] Louis Vuitton merged with Moët Hennessy in 1987 to create LVMH, of which it is a subsidiary. For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. [7] In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. [8]
The Paris-based LVMH, which owns brands like Christian Dior, Tiffany & Co. and Loro Piana, saw a slowdown in sales growth as shoppers continue to contemplate their spending on high-end goods.
Luxury spending was booming during the COVID-19 pandemic, but the tide has since turned. One of Europe’s hottest industries is seeing sales fall, one big brand after another—and British brand ...
High-end brands like LVMH and Gucci-owner Kering felt the pinch in 2023—but a new type of luxury is gaining a share of consumers’ wallets Prarthana Prakash December 25, 2023 at 4:30 AM
It hosts the brand of haute couture and ready-to-wear clothing, accessories, perfumes and cosmetics of Parfums Givenchy. The house of Givenchy was founded in 1952 by designer Hubert de Givenchy and is a member of Chambre Syndicale de la Haute Couture et du Prêt-à-Porter. It is currently owned by luxury conglomerate LVMH.
The LVMH-owned chain, which performed “exceptionally” in 2023, was the French conglomerate’s fastest-growing segment by sales at a time when luxury spending has been on a roller coaster ride ...