LVMH brands run from Moët & Chandon and Hennessy to Sephora, Tiffany & Co., the Belmond hotel group and the Paris newspaper Le Parisien. The group says it is home to “more than 75” houses, and when we checked its website in October 2026 it listed 83 across six business groups. The list is shorter than it was two years ago. LVMH has sold Off-White, handed back its Stella McCartney stake, sold Patou and Marc Jacobs, and sold most of its travel retailer DFS. Here is the current list, how the biggest names were bought, and who actually controls the group.
Short answer: LVMH lists 83 houses on its website, grouped into Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing and Other activities. Its biggest deals include Bulgari (2011), Loro Piana (2013), Christian Dior Couture (2017), Belmond (2019) and Tiffany (2021, about $15.8 billion). The Arnault family group controls it, with about 50% of the capital and 66% of the votes.
Key takeaways
- LVMH’s own website listed 83 houses in six business groups in October 2026. Fashion & Leather Goods brought in €37.8 billion of the group’s €80.8 billion revenue in 2025.
- The largest acquisition was Tiffany & Co., completed on 7 January 2021 at $131.50 a share, about $15.8 billion, after a renegotiation and a Delaware lawsuit.
- Since 2024 LVMH has sold Off-White, its Stella McCartney stake, Patou and Marc Jacobs, and says most of DFS’s businesses have been sold.
- The Arnault family group held 50.33% of LVMH’s capital and 66.27% of its voting rights in September 2026, and Bernard Arnault is chairman and chief executive.
How many brands does LVMH own?
The headline figure LVMH uses is “more than 75 Maisons”. The detailed list on its Our Maisons page is longer. The table below follows LVMH’s own grouping and spelling, with revenue for each business group taken from its 2025 annual results, published on 27 January 2026.
| Business group | Houses listed by LVMH (October 2026) | 2025 revenue |
|---|---|---|
| Wines & Spirits (28) | Ao Yun, Ardbeg, Armand de Brignac, Belvedere, Bodega Numanthia, Chandon, Château Cheval Blanc, Château d’Esclans, Château d’Yquem, Château Galoupet, Cheval des Andes, Cloudy Bay, Colgin Cellars, Dom Pérignon, Domaine des Lambrays, Eminente, Glenmorangie, Hennessy, Joseph Phelps, Krug, Mercier, Minuty, Moët & Chandon, Ruinart, Terrazas de los Andes, Veuve Clicquot, Volcán de mi Tierra, Woodinville | €5.36bn |
| Fashion & Leather Goods (14) | Barton Perreira, Berluti, Celine, Christian Dior Couture, Fendi, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Moynat, Pucci, Rimowa, Vuarnet (plus two business-to-business units, LVMH Métiers d’Art and Thélios) | €37.77bn |
| Perfumes & Cosmetics (13) | Acqua di Parma, Benefit Cosmetics, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, Kenzo Parfums, Loewe Perfumes, Maison Francis Kurkdjian, Make Up For Ever, Ole Henriksen, Officine Universelle Buly, Parfums Christian Dior | €8.17bn |
| Watches & Jewelry (11) | Bvlgari, Chaumet, Daniel Roth, Fred, Gérald Genta, Hublot, L’Epée 1839, Repossi, TAG Heuer, Tiffany & Co., Zenith | €10.49bn |
| Selective Retailing (6) | 24S, DFS, La Grande Épicerie de Paris, Le Bon Marché Rive Gauche, Samaritaine, Sephora | €18.35bn |
| Other activities (11) | Belmond, Cheval Blanc, Connaissance des Arts, Cova, Investir, Le Jardin d’Acclimatation, Le Parisien, Les Echos, Paris Match, Radio Classique, Royal Van Lent | €0.67bn (including eliminations) |
Two points about the list. First, “listed” does not always mean “owned outright”. The standard description at the foot of LVMH’s press releases leaves out Armand de Brignac and Eminente, for example. Second, fashion is the engine: Fashion & Leather Goods produced almost half of 2025 revenue, even though its sales fell 8% on a reported basis. For how LVMH compares with Kering, Chanel and Hermès, see FLJ’s guide to French luxury fashion brands and the groups that own them.
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Who owns LVMH?
The Arnault family does, through a chain of holding companies. LVMH’s financial documents for 2025 show the “Arnault family group” holding 247,694,473 shares at 31 December 2025, or 49.77% of the share capital, and 65.89% of the voting rights exercisable at shareholders’ meetings. The gap between those two figures comes from double voting rights. Other shareholders held the remaining 50.23% of the capital.
The family has since passed the 50% mark. In a press release of 23 September 2026, Christian Dior SE said the Arnault family group held 50.33% of LVMH’s capital and 66.27% of its voting rights. The same release set out a plan to collapse the holding chain. Financière Agache would merge into Agache, Agache would merge into Christian Dior, and Christian Dior would become a partnership limited by shares called Agache SCA, with Bernard Arnault as managing partner. Agache SCA would then hold 49.76% of LVMH’s capital and 65.55% of its votes directly. The family would offer to buy, for cash, the 2.44% of Christian Dior shares it does not already own. A shareholders’ meeting on the merger is expected at the end of December 2026, and the offer is due to open in the first quarter of 2027, subject to clearance by the French markets regulator, the AMF.
Bernard Arnault is chairman and chief executive. LVMH says he has led the group since 1989 and is its majority shareholder. In April 2025 shareholders voted to raise the age limit for the chairman and chief executive from 80 to 85, according to FashionNetwork. Four other members of the family, Delphine, Antoine, Alexandre and Frédéric Arnault, sit on the board, and Delphine Arnault runs Christian Dior Couture.

Who owns Louis Vuitton?
LVMH does. Louis Vuitton is not a separate listed company. According to LVMH’s official history, the group was created in 1987 by the merger of Moët Hennessy and Louis Vuitton, which is where the initials come from. At the time it had 10 houses, 12,000 employees and sales of €3 billion. Today Louis Vuitton sits inside the Fashion & Leather Goods group, and LVMH’s executive committee lists Pietro Beccari as head of the Fashion Group and Louis Vuitton.
So anyone asking “who owns Louis Vuitton” gets the same answer as “who owns LVMH”: the Arnault family controls it, with public shareholders holding the rest of the shares. FLJ has looked at how Louis Vuitton protects that value, including why Louis Vuitton never goes on sale.
How did LVMH buy its biggest houses?
LVMH’s history page gives the years for its early deals: Loewe and Celine in 1996, TAG Heuer, Krug and Château d’Yquem in 1999, Fresh, Pucci and Connaissance des Arts in 2000, and Fendi in 2001. The prices of its larger modern deals are on the record.
| Year | House | Deal |
|---|---|---|
| 2011 | Bulgari | About €4.3 billion in cash and shares. The Bulgari family swapped its 56% stake for 16.5 million LVMH shares, and other shareholders were offered €12.25 a share, AP reported. |
| 2013 | Loro Piana | €2 billion for 80%, valuing the cashmere maker at €2.7 billion, according to CBS News. |
| 2016 | Rimowa | €640 million for 80% of the German luggage maker, with closing expected in January 2017, CNBC reported. |
| 2017 | Christian Dior Couture | Bought from Christian Dior SE, the family holding company, at an enterprise value of €6.5 billion, announced on 25 April 2017. |
| 2019 | Belmond | $25 a share in cash, an enterprise value of $3.2 billion, completed on 17 April 2019. |
| 2021 | Tiffany & Co. | $131.50 a share, about $15.8 billion, completed on 7 January 2021. |
Tiffany is the deal lawyers remember. LVMH originally agreed to pay $135 a share in November 2019. When it said it could not close by the deadline, Tiffany sued in the Delaware Court of Chancery to force it to complete. The parties settled in October 2020 on a price of $131.50 a share, saving LVMH about $425 million, as CNBC reported. The brand LVMH paid for is partly a colour, which FLJ explains in is Tiffany Blue trademarked? Watches & Jewelry grew 3% organically in 2025 while fashion shrank, a trend covered in luxury jewellery growth in 2026, and FLJ keeps a wider record of luxury mergers and acquisitions.
Which brands has LVMH sold since 2024?
The portfolio has been shrinking at the edges. Each of these is on the record:
- Off-White. LVMH took a majority stake in 2021 and sold Off-White to the brand management company Bluestar Alliance, in a deal announced on 30 September 2024. Terms were not disclosed, Fashion Dive reported.
- Stella McCartney. The designer bought back LVMH’s minority stake in her label, announced on 27 January 2025. Terms were not disclosed.
- Patou. LVMH sold the house to Nirvana Investments, the Mehta family’s vehicle and an existing shareholder, in a deal announced on 3 August 2026, according to FashionNetwork. LVMH first came in through a 2018 agreement.
- Marc Jacobs. LVMH agreed in May 2026 to sell the brand to WHP Global, which brought in G-III Apparel Group as a 50/50 partner in a joint venture that owns the intellectual property. WHP Global says the deal closed on 1 September 2026, with G-III running the operating business. WWD put the value at about $925 million. FLJ covered the early talks in is a Marc Jacobs sale on the horizon?
- DFS. In January 2026 DFS agreed to sell its Greater China retail business, covering Hong Kong, Macau and mainland China, to China Tourism Group’s duty-free arm. LVMH’s third-quarter update of 12 October 2026 says that “most of DFS’ businesses were sold”, although DFS still appears on the group’s website.
How big is LVMH in 2025 and 2026?
LVMH reported revenue of €80.8 billion for 2025, down 5% on a reported basis and 1% on an organic basis, which strips out currency moves and changes in the group’s scope. Profit from recurring operations fell 9% to €17.8 billion, and net profit, group share, fell 13% to €10.9 billion. The website says the group runs more than 6,280 stores.
For the first nine months of 2026, revenue was €57.1 billion, down 2% reported but up 2% organically. The disposals already show in the numbers: LVMH says changes in scope cut nine-month growth by 1 percentage point and third-quarter growth by 2 points. The beauty business, which FLJ argues pays for much of the luxury model in the luxury pricing pyramid, was flat organically.
Frequently asked questions
How many brands does LVMH own in 2026?
LVMH describes itself as home to “more than 75” houses. Its website listed 83 across six business groups in October 2026, plus two business-to-business units. Not every listed house is wholly owned.
Who owns LVMH?
The Arnault family group. In September 2026 it held 50.33% of LVMH’s capital and 66.27% of its voting rights, mainly through Christian Dior SE and its holding companies, which it plans to merge into a single entity called Agache SCA.
Who owns Louis Vuitton?
LVMH. Louis Vuitton merged with Moët Hennessy in 1987 to create the group, and it now sits in LVMH’s Fashion & Leather Goods business group, which Pietro Beccari heads together with Louis Vuitton.
What is Bernard Arnault’s role at LVMH?
He is chairman and chief executive, and LVMH says he has led the group since 1989. Shareholders voted in April 2025 to let the chairman and chief executive serve until the age of 85.
What was LVMH’s biggest acquisition?
Tiffany & Co., completed on 7 January 2021 at $131.50 a share, about $15.8 billion. The price was cut from $135 a share after Tiffany sued LVMH in Delaware and the parties settled in October 2020.
Does LVMH still own Marc Jacobs and Off-White?
No. Off-White was sold to Bluestar Alliance in a deal announced in September 2024. Marc Jacobs was sold to WHP Global, with G-III Apparel Group as joint venture partner, and the deal closed on 1 September 2026.
This article is general information about LVMH’s ownership and portfolio, based on company filings, official releases and published reports as of October 2026. It is not legal or investment advice, and figures may change as deals close.
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