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Following the appointment of Mike Rogers as the new Chief Executive in 2006, LV= has undergone significant change in an effort to modernise its image and to re-invent itself [37] in the face of the gradual industry-wide decline in with-profits assurance. [38] [39] On 25 July 2016 Richard Rowney replaced Mike Rogers as CEO. [40]
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LV was in the first place in the BrandZ's top 10 most valuable luxury brands in 2019, with a worth of $47.2 billion. On 15 January 2020, the company acquired the Sewelô diamond, which is the third-largest rough diamond ever found in history, from Lucara Diamond who mined it from their mine in Botswana.
In 1987, Moët Hennessy and Louis Vuitton merged to create LVMH. As a result of different visions for the future of the merged entity, Alain Chevalier and Henry Racamier, the respective leaders of the predecessor firms, started to fight.
The NFL playoff picture got an shake-up in Week 14, as the Buccaneers overtook the Falcons for the NFC South lead and the Eagles secured a spot.