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LVLVMH Moet Hennessy Louis Vuitton SE is a French multinational holding company and conglomerate that specializes in luxury goods and has its headquarters in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, which had been established by the 1971 merger between the champagne producer Moët & Chandon and the cognac producer Hennessy. In April 2023, LVMH became the first European company to surpass a valuation of $500 billion. In 2023, the company was ranked 47th in the Forbes Global 2000.
Company background via Wikipedia and Wikidata.
Luxury brand equity that survives a consumer slowdown.