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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] Make Up For Ever was established in 1984, [22] and it was acquired by LVMH in 1999. [23]
Articles related to brands owned by LVMH. Subcategories. This category has the following 2 subcategories, out of 2 total. D. Dior (2 C, 10 P) T. Tiffany & Co. (19 P)
Kering (French:) is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed, Maui Jim, and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault.
Like much of the luxury sector, LVMH has struggled recently, especially in China. Through the first three quarters of 2024, organic revenue has been flat due in part to an 8% decline in wines and ...
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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 ...
[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.