what is lvmh

LVMH Moët Hennessy Louis Vuitton is a French multinational holding and conglomerate specializing in luxury goods, headquartered in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, which was established following the 1971 merger between the champagne producer Moët & Chandon and the cognac producer Hennessy. LVMH is the world leader in high-quality products and is home to 75 distinguished Houses rooted in six different sectors: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities. Some of the major brands owned by LVMH include Louis Vuitton, Tiffany, Christian Dior, Veuve Clicquot, Fendi, Bulgari, and Sephora. LVMH is committed to ensuring the long-term development of each of its Houses in keeping with their identity, heritage, and expertise, and is also committed to ethical behavior and social and environmental responsibilities.