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LVMH
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LVMH
LVMH Moët Hennessy Louis Vuitton SE
, better known as
LVMH
, is a European
multinational
luxury goods
conglomerate
, headquartered in
Paris
,
France
. The company was formed by the 1987 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.
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