LVMH – Will it controll the entire luxury market?

Mr Arnault is the chairman, chief executive and controlling shareholder of Moët Hennessy Louis Vuitton (LVMH), the world’s largest luxury group, has build a luxury empire controlling over 60 luxury brands.

LVMH does not publish the figures for its individual brands, but analysts estimate that fewer than five of them lose money.  He is driven by the belief that he can take any fine luxury brand and make it bigger, while still maintaining healthy profit margins

LVMH next acquisition target is Hermès but this one might be hard to catch.

 

 

Advertisements
This entry was posted in Ecommerce, Retail and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s