LVMH Moet Hennessy Louis Vuitton SE - Company Profile
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Business Description
LVMH Moet Hennessy Louis Vuitton SE (LVMH) manufactures and markets luxury goods such as fashion, cosmetics, perfumes, wines, spirits, beauty products, watches, and jewelry.
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R&D Overview
The R&D arm of LVMH focuses on developing high-quality skincare and makeup products for the perfumes and cosmetics business group. The R&D unit, LVMH Recherche, is responsible for developing high-quality products in the skincare, makeup, and fragrance categories. LVMH Recherche, collaborates with public and private-sector organizations to identify technological advances and accelerate its development. It has five R&D centers located in Saint-Jean-de-Braye, Paris, Tokyo, Shanghai, and Seoul. It has over 670 researchers (including researchers, chemists, biologists, toxicologists and pharmacists) working at LVMH’s location. It has over 400 patents granted in recognition of its scientific innovations. In FY2023, the company incurred expenses of EUR202 million on R&D, which as a percentage of revenue, stood at 0.2%.
Business Segments
- Fashion and Leather Goods
- Other and Holding Companies
- Perfumes and Cosmetics
- Selective Retailing
- Watches and Jewelry
- Wines and Spirits
Overview
Produces premium leather goods includes leather handbags, shoes, aluminium suitcases, men’s, women’s, and kid’s apparel and accessories, designer wear, and luxury footwear. Major brands include Louis Vuitton, Fendi, Celine, Givenchy, Loewe, Kenzo, Berluti, Loro Piana, Rimowa, Pucci, Christian Dior Couture and Off-White.
Performance
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Overview
Includes business activities of Royal Van Lent, Le Jardin D’Acclimatation, La Samaritaine, Les Echos, Belmond, and LVMH Hotel Management.
Performance
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Overview
Provides skincare products, perfumes, and cosmetics under the Parfums Christian Dior, Givenchy, Guerlain, Acqua di Parma, Kenzo, Make Up For Ever, Parfums Loewe, Fresh, Benefit Cosmetics, Fenty Beauty by Rihanna, Maison Francis Kurkdjian, and Marc Jacobs Beauty brand names.
Performance
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Overview
Operates under five houses: Sephora, Le Bon Marche Rive Gauche, La Grande Epicerie de Paris, DFS and Starboard Cruise Services. Sephora is a selective beauty retailer that offers premium brand cosmetics and perfumes. Le Bon Marche Rive Gauche is a selective department store in Paris providing men’s, women’s and kids’ fashion, tableware and design, accessories, contemporary works of art and furniture collections. Le Bon Marche also provides space for cultural exhibitions and an e-commerce store. La Grande Epicerie de Paris is a trailblazing gourmet food emporium. DFS is a travel retailer that operates duty-free shopper's stores in airports and destination galleries. Starboard Cruise Services operates LVMH brand stores on board cruise ships, providing luxury goods such as jewelry, leather accessories, timepieces, beauty products, spirits, and branded cruise apparel.
Performance
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Overview
Produces and sells watches and jewelry products. Major brands include Tiffany, Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred and Repossi. Chaumet brand offers precious jewelry products. Bulgari and Fred brands offer colored stones, and precious gems, pearls, and rings. TAG Heuer designs, produces and markets Swiss premium watches and luxury chronographs.
Performance
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Overview
Produces and markets champagnes, sparkling wines, still wines, and other beverages. Offers cognac through its Hennessy brand and provides premium vodka under the Belvedere brand. Offers ingles malt whisky under the Glenmorangie brand. Major brands include Chateau, Ruinart, Moet and Chandon, Dom Perignon, Hennessy, Veuve Cliquot, Ardbeg, Chateau Cheval Blanc, Glenmorangie, Krug, Mercier, Cape Mentelle, Newton Vineyard, Cloudy Bay, Belvedere, Bodega Numanthia, Terrazas De Los Andes, Ao Yun, and Clos19.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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