LVMH Dividend 2024

LVMH, which stands for "Louis Vuitton Moët Hennessy", is a conglomerate that owns 76 luxury brands, widely recognized, which allow them to maintain their identity and expertise, generating more than 79 million euros in 2022, with more than 195,000 employees.

It was founded in 1987 through the merger of the fashion house Louis Vuitton and Moët Hennessy, opening its first store in China in 1992, year in which they set up a division dedicated to pro-environment activities, opening in 1997 the unit dedicated to the manufacture and marketing of watches and jewelry, being in 1999 when they opened in New York a building winner of the Pritzker Architecture Prize by the architect Christian de Portzamparc, achieving a year later to open in London a training center for managers and leaders.

LVMH manages its brands along several operational lines such as:

• The Wines and spirits line, which has subsidiaries such as Ao Yun, Ardbeg, Belvedere, Bodega Numanthia, Cape Mentelle, Chandon, Château Cheval Blanc, Cheval des Andes, Cloudy Bay, Dom Pérignon, Glenmorangie, Hennessy, Mercier, Moët & Chandon, Veuve Clicquot, among others.
• Articles dedicated to leather and fashion including Berluti, Céline, Givenchy, Kenzo, Christian Dior, Emilio Pucci, Fendi, Loewe, Louis Vuitton, Marc Jacobs, Moynat, Nicholas Kirkwood, etc.
• Perfumes and cosmetics with the brands Acqua di Parma, Benefit Cosmetics, Fresh, Givenchy Parfums, Guerlain, Kenzo Parfums, Maison Francis Kurkdjian, Make Up For Ever and Parfums Christian Dior.
• Watches and jewelry represented at Bvlgari, Chaumet, Hublot, Tiffany & Co., Zenith, and select retailers such as Le Bon Marché Rive Gauche, Sephora, Starboard Cruise Services, Cheval Blanc, Connaissance des Arts, Cova, Jardin d'Acclimatation and La Samaritaine.