![]() LVMH controls around 60 subsidiaries that each manage a small number of prestigious brands, 75 in total. ![]() In 2021 with a valuation of $329 billion, LVMH became the most valuable company in Europe. The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which was established after the 1971 merger between the champagne producer Moët & Chandon (founded in 1743) and the cognac producer Hennessy (founded in 1765). LVMH Moët Hennessy Louis Vuitton ( French pronunciation: ), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris, France.
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