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As of late 2020, LVMH has the largest market capitalization of any company in France, [45] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [46] As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7 billion. [47] LVMH completed the purchase of Tiffany in January 2021. [48]
In 1996, LVMH acquired the majority share of DFS Group, [10] buying out partners Feeney, Parker, and Pilaro and setting a new focus on the combined elements of travel and luxury. [11] It developed a merchandising strategy based around five core categories – Beauty and Fragrances; Fashion and Accessories; Watches and Jewelry; Wines and Spirits ...
Belvedere Vodka is a brand of Polish rye vodka produced and distributed by LVMH. [1] It is named after Belweder, the Polish presidential palace in Warsaw, whose illustration appears on its bottles.
PARIS — Could 2021 be the year an American designer wins the LVMH Prize for Young Designers for the first time? U.S. designers make up a third of the nine finalists the luxury conglomerate ...
In LVMH’s annual report released in March, the luxury behemoth noted that the growth came from makeup, haircare and skincare. Sephora helped drive a 76% profit rise in the selective retailing ...
Last-mile luxury partner Toshi has won LVMH Moët Hennessy Louis Vuitton’s annual innovation prize, demonstrating that the personal touch is still paramount to luxury retail even as companies ...
Berluti original store on rue Marbeuf in the 8th arrondissement of Paris. Berluti is a French leather maker that manufactures menswear, especially the leather finishing of calfskin, kangaroo leather and alligator skin [1] in its production of shoes and boots.