LVMH Overview
Company Headquarters: Paris, France
Founded: 1987
Workforce: ~1,63,000
Company Working: LVMH covers 75 houses that create products for the luxury market. The company operates in six business categories Fashion & Leather goods, Wines & Spirits, Watches & Jewelry, Perfumes & Cosmetics, Selective Retailing, and other activities. The Wines & Spirits segment develops and sells high-quality champagne wines and sparkling wines along with this it also distributes vodka and white liquor. The Fashion & Leather Goods segment is involved in the production of bags, luggage items, accessories, shoes, and clothes. The Perfumes & Cosmetics segment engages in the manufacturing and distribution of fragrances, make-up, and skin care products. The Watches & Jewelry segment deals in luxury watches and accessories for men to women that are specialized in chronographs and ultimate precision. The Selective Retailing business segment is classified to assist an environment that is appropriate to the image and status of the luxury brands. It is involved in the sale and distribution of luxury products to international travelers and onboard cruise ships. This business segment manages the beauty stores that offer direct access and customer assistance to consumers. The Other Activities & Eliminations segment is engaged in the media division, it publishes magazines and newspapers and assists the business and financial websites.



