LVMH

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate headquartered in Paris, and the world’s largest luxury group by revenue. Formed in June 1987 via the merger of fashion house Louis Vuitton (founded 1854) with Moët Hennessy (created from the 1971 union of champagne producer Moët & Chandon and cognac maker Hennessy), the group now controls over 75 distinct maisons. As of its 2024 annual results, LVMH reported consolidated revenue of €84.7 billion and employed more than 213,000 people globally. Its portfolio spans six sectors: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities, including brands such as Christian Dior, Tiffany & Co., Sephora, and Bulgari. The entity matters right now because its 2025 first-half results, released on March 5, 2026, showed a sharper-than-expected 12% organic revenue decline in Fashion & Leather Goods, driven by a prolonged pullback in Chinese luxury spending, triggering a 7% single-day drop in its Euronext Paris-listed shares (ticker: MC) and signaling broader sector headwinds.