About LVMH
LVMH, founded in 1987 and headquartered in Paris, is a family group that brings together 75 Maisons across the luxury sector. Quietly, its activities span Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, and Selective Distribution, giving it a presence across the main areas of the luxury industry.
The company operates through a global network of about 6,000 stores and reported sales of 86.2 billion euros in 2023. It employs 213,000 people from 190 nationalities working in studios, workshops, wineries, factories, offices, and boutiques across 81 countries. LVMH also says it is committed to ethics and social and environmental responsibility in its operations.
LVMH serves customers through its portfolio of iconic brands and retail channels, with products and experiences rooted in heritage and modernity. Its businesses include the development, production, and distribution of luxury goods and related services in its core sectors, supported by large-scale operations and a broad international footprint.
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Insights
Updated 27 Aug 2026LVMH’s luxury position is still under strain in some channels. Louis Vuitton’s Irish arm reported revenue of €28.13 million in 2025, down 10%, after a 14% decline in 2024 from record 2023 revenues. That matters. At the same time, the wider luxury market is being reshaped by AI-driven personalization and digital clienteling in Asia Pacific, which raises the competitive bar around how premium brands find, serve, and convert customers.
Beauty remains a clear focus. Alexandre Oulès has been named Chief Operating Officer of the Beauty Division and will report to Véronique Courtois, who became Chairman and CEO of Parfums Christian Dior and LVMH’s Beauty Division in February 2026. This points to continued attention on operational execution in beauty, which remains one of the group’s important growth platforms.
Signals from investors and consumers are mixed. The Louis Vuitton Ireland revenue decline points to softer demand in that entity, while coverage of AI shopping advisors shows that the industry is still investing in tech-enabled premium retail experiences. The fashion ecosystem also looks active, with emerging-designer coverage around NYFW and Vogue, but the supplied sources do not show direct LVMH funding, hiring, earnings, or sentiment data beyond the leadership change and revenue trend already noted.
Frequently asked questions
LVMH is headquartered in Paris, Paris, France.
LVMH has 10001+ employees according to its company profile.
LVMH operates in the Luxury Goods & Jewelry sector. Public valuation figures are not always disclosed for private companies.