HISTORY
LVMH was created in 1987 through the merger of Moët Hennessy and Louis Vuitton, ushering in a new era for the luxury industry.
Bernard Arnault has led the Group since 1989 and is the majority shareholder, pursuing a clearly focused vision: make LVMH the world leader in luxury. An unprecedented portfolio of iconic brands makes LVMH unique in the world, a Group that has continued to grow and thrive since its founding.
LVMH's development initially centered on acquiring brands, bringing them the benefits of the Group's proven expertise, nurturing their growth while respecting their distinctive identities. All LVMH Maisons share a strong belief that the desirability of their products is intimately linked to their sustainability. This is why LVMH has always ensured that product manufacturing complies with the highest ethical, environmental and social standards.
Corporate philanthropy in support of the arts and culture has been a cornerstone of the Group since its creation and a guiding force behind its development. This philanthropy resonates with the values of skilled professionalism, excellence and creativity shared by our Maisons, values that characterize their artistic, cultural and social contributions. Initiated by Bernard Arnault in 2006, the Fondation Louis Vuitton opened to the public in 2014, a breathtaking embodiment of the philanthropy pursued by the Group and its Maisons.
With 75 Maisons in key sectors of the luxury industry—Wines & Spirits, Fashion & Leather Goods, Fragrance & Cosmetics, Watches & Jewelry, Selective retailing and Other activities, including Hospitality and Media—LVMH is now the world leader in luxury. The Group's economic footprint in the regions where it operates—80 countries around the world—extends far beyond simply business performance by creating value at multiple levels thanks to our activities.
GROUP HISTORY
1987 CREATION OF LVMH
The merger of Moët Hennessy and Louis Vuitton creates LVMH, the world leader in luxury goods. The Group had 10 Maisons, 12,000 employees and sales of 3 billion euros.
1996
1999
1999
INAUGURATION OF LVMH NEW YORK HEADQUARTERS BUILDINGLVMH inaugurates its New York headquarters in the heart of Manhattan, in a building designed by architect Christian de Portzamparc, the first Frenchman to win the prestigious Pritzker Prize.
1999
2000
2001
2004INAUGURATION OF LVMH HEADQUARTERS AT 22 AVENUE MONTAIGNE IN PARIS
On May 25, 2004, the LVMH Group inaugurated its new headquarters on avenue Montaigne in Paris, redesigned by architect Jean-Michel Wilmotte.
2005
2009
2010
2011
2011
2013
LAUNCH OF LVMH PRIZE FOR YOUNG FASHION DESIGNERSLVMH has always been devoted to supporting the talent of tomorrow. Each edition of the LVMH Prize for Young Fashion Designers recognizes the talent of a particularly outstanding designer, selected by a jury of Artistic Directors from our Maisons.
2013
2014
INAUGURATION OF FONDATION LOUIS VUITTONDesigned by architect Frank Gehry in Paris's Bois de Boulogne, the Fondation Louis Vuitton aims to support contemporary French and international artistic creation and make art accessible to the broadest possible audience through a permanent collection, temporary exhibitions, commissions of artwork, as well as a diverse schedule of multi-disciplinary events.
2014
2016
2018
2019
ACQUISITION OF BELMONDEstablished in 1976, Belmond pioneered luxury travel, building a portfolio of one-of-a-kind experiences in some of the world’s most inspiring destinations.