LVMH
858708
225446312
2008-07-13T19:05:44Z
VoABot II
1879647
BOT - Reverted edits by [[Special:Contributions/62.136.183.170|62.136.183.170]] {[[User:VoABot_II/Help#Revert_reasons|possible vandalism]]} ([[User:VoABot_II/Mistakes|mistake?]]) to last version by "213.22.191.140".
{{unreferenced|date=December 2007}}
{{Infobox Company
| company_name = LVMH Moët Hennessy – Louis Vuitton S.A.
| company_logo = [[Image:LVMH.svg|240px]]
| company_type = [[S.A. (corporation)| Société Anonyme]] (S.A.)
| foundation = [[1987]]
| location = [[Paris]], [[France]]
| key_people = [[Bernard Arnault]] (Chairman & CEO)
| industry = Luxury goods
| products =
| revenue = $25.87 billion US (2007)
| num_employees = 71,885 (2007)
| homepage = [http://www.lvmh.com/ http://www.lvmh.com/]
}}
'''LVMH Moët Hennessy • Louis Vuitton [[S.A. (corporation)|S.A.]]''' ({{Euronext|MC}}), usually shortened to '''LVMH''', is a [[France|French]] [[holding company]] and the world's largest [[luxury goods]] conglomerate. It is the parent of around 60 sub-companies that each manage a small number of prestigious [[brand name|brands]]. These daughter companies are, to a large extent, run autonomously. The group was formed after mergers brought together [[Champagne (wine)|champagne]] producer [[Moët et Chandon]] and [[Hennessy]], a leading manufacturer of [[cognac (drink)|cognac]]. In 1987, they merged with fashion house [[Louis Vuitton]] to form the current group.
The group is partly owned by the [[Christian Dior SA|Christian Dior]] group, and [[Bernard Arnault]] is Chairman and CEO of both companies. His successful integration of various famous [[aspirational brand]]s into the group has inspired other luxury companies into doing the same. Thus [[Gucci]] (now part of the French conglomerate [[PPR (company)|PPR]]) and [[Richemont]] have also created extended portfolios of [[Luxury good|luxury]] brands. The oldest of the LVMH brands is wine producer [[Château d'Yquem]], which dates its origins back to [[1593]].
In 2001 [[De Beers]] launched a joint venture with LVMH in order to establish [[De Beers]] as a retail brand.
LVMH created a prize called the "Prix Science pour l'Art", which nominated several scientists who would later receive the [[Nobel Prize]]. The last Prize was awarded in 1997 to [[Rolf Landauer]].
==Financial Data==
{| class="wikitable" border="3"
|+ '''Financial Data in euro millions'''
! Year
! 2002
! 2003
! 2004
! 2005
! 2006
! 2007
|-----
| [[Sales]]
| 12 693
| 11 962
| 12 623
| 13 910
| 15 306
| 16 481
|-----
| [[EBITDA]]
| 2 300
| 2 796
| 2 745
| 3 382
| 3 646
| 4 076
|-----
| [[Net Result]] share of the group
| 556
| 723
| 1 010
| 1 440
| 1 879
| 2 025
|-----
| [[Net Debt]]
| 6 455
| 5 427
| 5 100
| 4 318
| 3 400
| ?
|}
::::::''Source :'[http://www.opesc.org/fiche-societe/fiche-societe.php?entreprise=LVMH OpesC]'
==Corporate structure==
LVMH is based in [[Paris]], [[France]]. The company is listed on the [[Euronext|Euronext Paris]] exchange and is a constituent of the [[CAC 40]] index. As of 2006, the group had a turnover of 15,3 billion euros with a net income of 2 billion euros. The group currently employs 64,000 people. 30% of LVMH's staff work in France. LVMH operates over 1,900 stores worldwide. Its current business plan aims to tightly control the brands it manages in order to maintain and heighten the perception of luxury relating to their products. For example, Louis Vuitton products are sold only through Louis Vuitton boutiques found in upmarket locations in wealthy cities or in concessions in other luxury goods shops (such as [[Harrods]] in London). This practice contrasts greatly with less exclusive brands which can be bought in shopping malls around the world.
==Subsidiaries==
LVMH's brands include:
{| class="wikitable sortable"
|-
! Company !! Sector !! Acquisition Date
|-
| [[10 Cane Rum]]
| Wines and spirits
|
|-
| [[Belvedere (vodka)]]
| Wines and spirits
|
|-
| [[Cape Mentelle]]
| Wines and spirits
|
|-
| [[Chandon Estates]]
| Wines and spirits
|
|-
| [[Château d'Yquem]]
| Wines and spirits
|
|-
| [[Cloudy Bay Vineyards]]
| Wines and spirits
|
|-
| [[Hennessy]]
| Wines and spirits
|
|-
| [[Champagne Krug|Krug]]
| Wines and spirits
|
|-
| [[Mercier]]
| Wines and spirits
| 1970
|-
| [[Moët et Chandon]] (including [[Dom Pérignon (wine)|Dom Pérignon]])
| Wines and spirits
|
|-
| [[MountAdam]]
| Wines and spirits
|
|-
| [[Newton (wine estate)|Newton]]
| Wines and spirits
|
|-
| [[Ruinart (champagne)|Ruinart]]
| Wines and spirits
|
|-
| [[Veuve Clicquot]]
| Wines and spirits
|
|-
| [[Glenmorangie]] (including Ardbeg and Glen Moray)
| Wines and spirits
|
|-
| [[Wenjun]]
| Wines and spirits
|
|-
| [[Chaumet]]
| Watches and jewellery
|
|-
| [[Dior Watches]]
| Watches and jewellery
|
|-
| [[Fred (jeweller)|Fred Joaillier]]
| Watches and jewellery
| 1996
|-
| [[TAG Heuer]]
| Watches and jewellery
|
|-
| [[Zenith International S.A.]]
| Watches and jewellery
| 1999
|-
| [[Hublot]]
| Watches and jewellery
| 2008
|-
| [[Louis Vuitton]]
| Fashion and leather goods
|
|-
| [[Fendi]]
| Fashion and leather goods
|
|-
| [[Berluti]]
| Fashion and leather goods
|
|-
| [[Celine (brand)|Celine]]
| Fashion and leather goods
|
|-
| [[Donna Karan|Donna Karan New York (DKNY)]]
| Fashion and leather goods
|
|-
| [[eLuxury]]
| Fashion and leather goods
|
|-
| [[Emilio Pucci]]
| Fashion and leather goods
|
|-
| [[Givenchy]]
| Fashion and leather goods
|
|-
| [[Kenzo Takada|Kenzo]]
| Fashion and leather goods
|
|-
| [[Loewe (brand)|Loewe]]
| Fashion and leather goods
|
|-
| [[Marc Jacobs]]
| Fashion and leather goods
|
|-
| [[StefanoBi]]
| Fashion and leather goods
|
|-
| [[Thomas Pink]]
| Fashion and leather goods
|
|-
| [[DFS (retailer)|DFS Selective Retailing]]
| Retailing
|
|-
| [[Sephora]]
| Retailing
|
|-
| [[La Samaritaine]]
| Retailing
|
|-
| [[Le Bon Marché]]
| Retailing
| 1998
|-
| [[Miami Cruiseline]]([[Starboard Cruise Services]]]
| Retailing
|
|-
| [[Parfums Christian Dior]]
| Perfumes and cosmetics
|
|-
| [[Guerlain]]
| Perfumes and cosmetics
|
|-
| [[Parfums Givenchy]]
| Perfumes and cosmetics
|
|-
| [[Kenzo Parfums]]
| Perfumes and cosmetics
|
|-
| [[Acqua di Parma]]
| Perfumes and cosmetics
| 2001, September
|-
| [[BeneFit Cosmetics]]
| Perfumes and cosmetics
|
|-
| [[Fresh (cosmetics)|Fresh]]
| Perfumes and cosmetics
|
|-
| [[Perfumes Loewe]]
| Perfumes and cosmetics
|
|-
| [[Make Up For Ever]]
| Perfumes and cosmetics
|
|-
| [[Labrosse et Dupont]]
| Perfumes and cosmetics
|
|-
| [[Connaissance des Arts]]
| Other activities
|
|-
| [[Les Échos (France)|Groupe Les Echos]]
| Other activities
|
|-
| [[Radio Classique]]
| Other activities
|
|}
<!-- **[[Aston Martin]] This has been denied, see http://www.autocar.co.uk/News/NewsArticle/AllCars/224072/ -->
==External links==
*[http://www.lvmh.com/ LVMH homepage]
*[http://www.referenceforbusiness.com/history2/1/Lvmh-Mo-t-Hennessy-Louis-Vuitton-Sa.html/ LVMH company profile]
{{CAC 40 companies}}
{{Template:LVMH}}
[[Category:Companies established in 1987]]
[[Category:Companies of France]]
[[Category:LVMH brands| ]]
[[Category:History of cosmetics]]
[[de:Moët Hennessy Louis Vuitton]]
[[et:LVMH]]
[[el:Moët Hennessy Louis Vuitton]]
[[es:LVMH]]
[[fr:LVMH - Moët Hennessy Louis Vuitton SA]]
[[hr:Moët Hennessy Louis Vuitton]]
[[id:LVMH]]
[[it:LVMH]]
[[nl:Louis Vuitton Moët Hennessy]]
[[ja:LVMH]]
[[pl:LVMH]]
[[pt:LVMH]]
[[ro:Louis Vuitton Moet Hennessy]]
[[ru:LVMH]]
[[fi:LVMH]]
[[sv:LVMH]]
[[vi:LVMH]]
[[vec:LVMH]]
[[zh:酩悅·軒尼詩-路易·威登集團]]