Recently, Bernard Arnault was named the richest man in the world by Forbes when his Louis Vuitton Moet Hennessey (LVMH) company witnessed its stock rise last Monday.
The French National, Bernard Arnault, who has often called himself a custodian of the French heritage, surpassed Amazon’s Jeff Bezos with over $300 million for a moment last Monday. He has since dropped to second position according to Forbes and third position according to Bloomberg.
The luxury industry, where Arnault is a key player, is divided into 5 main sections and LVMH owns a majority of them. The sections are:
1. Wines and spirits2. Perfumes and Cosmetics3. Fashion and leather goods4. Watches and Jewelry5. Selective Retailing.
LVMH owns a significant number of brands in each of these categories. Here’s a run-through of the brands under the business empire.
• Ao Yun• Ardbeg• Armand de Brignac (50%)• Belvedere• Bodega Numanthia• Cape Mentelle• Chandon• Château Cheval Blanc• Chateau d’Esclans• Château d’Yquem• Chateau du Galoupet• Cloudy Bay• Colgin• Dom Pérignon• Eminente• Glenmorangie• Hennessy• Krug• Mercier• Moët & Chandon• Newton Vineyard• Ruinart• Terrazas de los Andes• Veuve Clicquot• Volcan de mi Tierra• Whistlepig (Minority stake)• Woodinville
• Berluti• Celine• Christian Dior• Emilio Pucci• Fendi• Givenchy• Kenzo• Loewe• Loro Piana• Louis Vuitton• Marc Jacobs• Moynat• Patou• Rimowa• Stella McCartney
• Acqua di Parma• Benefit Cosmetics• Cha Ling• Fresh• Givenchy Parfums• Guerlain• Kendo Brands• BITE Beauty• Fenty Beauty by Rihanna• Marc Jacobs Beauty• KVD Vegan Beauty (formerly Kat Von D Beauty)• OleHenriksen• Kenzo Parfums• Maison Francis Kurkdjian• Make Up For Ever• Parfums Christian Dior• Perfumes Loewe
| |
Services | Department stores |
---|
A partial list including some of LVMH's best-known brands and subsidiaries:
Wines and spirits
| Fashion and leather goods
| Perfumes and cosmetics
| Watches and jewelry | Selective retailing
| Other activities |