Jenny HandBagz WorkZhop - Who Owns What 1/3 - LVMH (Louis Vuitton Moët Hennessy)

Anyone who is extremely Well-Versed in the Fashion Industry, it may be old news for you. Otherwise I’d clarify a little about the Big conglomerates, particularly since there has been a lot in the Press recently about LVMH’s sneaky acquisition of 17% of Hermès stocks.
Let’s get started on some of the big names…
LVMH stands for Louis Vuitton Moët Hennessy. 

They are the Largest Luxury goods conglomerate and in 2009 they made over 17 billion euros in sales. 

The largest shareholder is Groupe Arnault (Bernard Arnault’s family holding company) but here is where things get confusing…Christian Dior (owned by Groupe Arnault) and owns over 40% of LVMH. 

LVMH pretty much owns the Luxury World, and now they are trying to get their hands on Hermès, which the Hermès family is not very happy about.

LVMH owns: Louis Vuitton, Loewe, Céline, Givenchy, Marc Jacobs, Fendi, Donna Karan, Emilio Pucci, TAG Heuer,De Beers, Christian Dior perfumes, Benefit Cosmetics, Acqua di Parma, Guerlain, Make Up For Ever.

Plus they own Sephora, Le Bon Marché (My Fave Paris department store) and tons of Fancy Wine, Champagne (My Love), and Liquor Brands. They have also recently acquired stocks in Edun, the Eco fashion brand.