LVMH is the abbreviation for the French luxury goods company Louis Vuitton Hennessy S.A. the name sits down together from the chief brand, the luggage and bag manufacturer Louis Vuitton (80% turnover portion) and the Champagnerhersteller et Chandon, cathedral Perignon, Veuve Clicquot) and Cognacproduzenten Hennessy.

Chairman of the executive committee and majority shareholder (60%) is Berne pool of broadcasting corporations Arnault.Die company has the majority rights at approx. 50 different luxury marks with 56.000 coworkers and is thereby world-wide industry leader in the luxury goods industry.

Important marks of LVMH: Christian Dior, Givenchy, Guerlain, Fendi, Berluti shoes, Celine, Marc Jacobs, Thomas Pink shirts, Emilio Pucci, lion, Kenzo, Donna Karan. Swiss clock marks: Zenith and day this year among other things in the retail trade holds the group of firms the majority by Le Bon department stores and the Amphora Outlet

Luxury goods industry

While the luxury goods manufacturers were long time old-established family businesses, they are nowadays usually part of an international luxury goods company, see competition below. Outward the marks are represented independently, but suppliers and licensees are divided internally to the cost saving. Most most turnover and profit yielding field is the license business with smells and Kosmetika, leather goods, eyeglass frames, clocks and decoration, since the actual fashion only few wealthy customers can afford.

Since 2001 are the industry due to the world-wide recession in the crisis, although buyers are traditionally not so strongly of it affected by prestigious luxury marks. Important growth markets for Luxuswaren are Russia, India and in particular China, Japan and Korea.

Konkurrenzfirmen

• Pinault Printemps Redoute (PPR) S.A., Paris; Owner is the French billionaire Pinault. Marks: Gucci, Yves Saint Laurent, Bottega Veneta; Paris luxury department stores Printemps Redoute

• Prada group, Milan; CEO: Patrizio Bertelli; Marks: Prada, Jil Sander, Helmut Lang

• Compagnie Richemont (CFR), Geneva; Owner is the South African billionaire Johann Rupert; Marks: Cartier, Montblanc, Dunhill a special emphasis of the Richemont group are among other things Swiss and German luxury clocks such as Vacheron Constantin, Piaget, tree Mercier. Richemont transferred the LMH getting thing from formerly Vodafone Mannesmann in the year 2000 for 3,0 billion DM, to which as well-known Uhrenmanufakturen belonged as the IWC, A. long ones & sons and hunter LeCoultre.

• EganaGoldpfeil Holding, Hong Kong; Owner is the German Hans Seeberger. Emphasis are German marks, thereby above all leather goods. Marks among other things: Comtesse, gold arrow, Salamander, Cerruti

Related links

• http://www.lvmh.com/
• http://www.ppr.com/
• http://www.prada.com/
• http://www.richemont.com/

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