LVMH Vs Kering Vs Richemont

LVMH Moët Hennessy – Louis Vuitton SE (French pronunciation: also known as LVMH is a French multinational luxury goods conglomerate headquartered in Paris (France) The company was formed in 1987 under the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy the cognac manufacturer. It controls around 60 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently. The oldest of the LVMH brands is wine producer Château d’Yquem which dates its origins back to 1593. Christian Dior SE is the main holding company of LVMH, owning 40.9% of its shares, and 59.01% of its voting rights. Bernard Arnault majority shareholder of Dior, is Chairman and CEO of both companies. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buy out. The Dapifer reports that LVMH will gain ownership of Christian Dior haute couture leather both men’s and women’s ready-to-wear, and footwear lines. Arnault’s successful integration of various famous aspirational brands into a single group has inspired other luxury companies to do the same. Thus, the French conglomerate Kering and the Swiss-based Richemont have also created extended portfolios of luxury brands. The company is a component of the Euro Stoxx 50 stock market index.The perfect men’s routine for a natural, luminous and healthy look, by Peter Philips, Creative and Image Director for Dior Makeup, for the Dior Summer 2020 Men’s Show. More on.dior.com/fb-makeup-diorss20

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Kering S.A. is a French international luxury group based in Paris, France and specialized in luxury goods. The luxury brands owned by the group include Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen, Bottega Veneta, Boucheron, Brioni and Pomellato. The company was founded in 1963 by François Pinault. It was quoted on Euronext Paris in 1988 and has been a constituent of the CAC 40 index since 1995. François-Henri Pinault is Chairman and CEO of the group since 2005. In 1963, with a loan from his family and a bank, François Pinault opened the Établissements Pinault in Brittany (France) and specialized in timber trading. The company grew organically and through successful acquisitions. In 1988, Pinault S.A. was listed on the Paris Stock Exchange, multiplying the group’s financial power.[1] In 1989, it purchased 20% of CFAO, a French distribution conglomerate active throughout Africa. In 1990, Pinault S.A. and CFAO merged, and François Pinault became head of the newly formed group. This accelerated its acquisitions in the retail sector: Conforama (French furniture retailer) in 1991, Printemps (department stores in Paris) in 1992, which also owned 54% of La Redoute (French mail-order shopping retailer), and Fnac (French bookstore, multimedia and electronics retailer) since 1994, the year the group was renamed Pinault-Printemps-Redoute (PPR). Explore the Alexander McQueen Spring/Summer 2020 menswear pre-collection, available to pre-order exclusively on.AlexanderMcQueen.com/PreSS20Mens

Compagnie Financière Richemont SA also known as Richemont, is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing and accessories. Richemont is publicly traded as CFR on the SIX Swiss Exchange and the JSE Securities Exchange. The brands it owns include A. Lange & Söhne, Azzedine Alaïa, Baume & Mercier, Cartier, Chloé, Dunhill, IWC Schaffhausen, Giampiero Bodino, Jaeger-LeCoultre, Lancel, Montblanc, Officine Panerai, Piaget, Peter Millar, Purdey, Roger Dubuis, Vacheron Constantin, and Van Cleef & Arpels. As of November  2012, Compagnie Financière Richemont SA is the sixth largest corporation by market capitalization in the Swiss Market Index. As of 2017, Richemont is the third-largest luxury goods company in the world after LVMH and Estée Lauder Companies. Which makes this company one of the biggest influences in South African today from Banks to Satellite T.V they invest in everything