LVMH Moët Hennessy – Louis Vuitton SE, also known as LVMH, is a French multinational luxury goods conglomerate headquartered in Paris. The company was formed in 1987 under the 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.
France's richest man Bernard Arnault hit out on Thursday at critics of his rush to donate tens of millions of euros to the restoration of Notre-Dame cathedral, saying he would not benefit from tax.. Reuters - Published
French billionaire businessman Bernard Arnault's family and his LVMH luxury goods group will donate 200 million euros ($226 million) to help repair Paris' Notre-Dame cathedral, said a statement issued.. Reuters - Published
Bernard Arnault, the head of French fashion house LVMH, confirmed on Tuesday the death of Karl Lagerfeld. Arnault adding that Lagerfeld had made Paris the world’s fashion capital. Arnault saying in a..