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Moët Hennessy Louis Vuitton (LVMH Group) - Statistics & Facts

Moët Hennessy Louis Vuitton, more commonly referred to as LVMH Group, is a French luxury goods conglomerate. The company is primarily known for its fashion house, known as simply Louis Vuitton, named for its founder. The group operates globally, selling luxury leather goods, handbags, ready-to-wear fashion, and other fashion accessories. Since 1989, the company has been run by Frenchman Bernard Arnault, following the merger of the luxury goods producer with champagne producer Moët & Chandon and cognac manufacturer Hennessy.

The world's most valuable brand

Louis Vuitton is currently the most valuable luxury brand in the world. This is particularly impressive considering that the global personal luxury goods market has been hit by the impact of the coronavirus crisis. In 2020, LVMH Group’s fashion and leather goods segment brought in 21.2 billion euros in global sales. This was the most resilient business segment for LVMH, since the group's other lines including watches and jewelry and wine and spirit segments regressed to levels that were not experienced since 2016.

LVMH Group continues to open more stores worldwide, with around 88 new stores opening between 2019 and 2020 despite the pandemic. Employee numbers continued to increase for the company as well. In fact, over the past 13 years, the number of employees dropped for the first time during the 2016 reporting period. The employee count has since bounced back, and grown to over 163,000 as of 2020.

Luxury brands on social media

In recent years, social media has played a significant role in the luxury goods and cosmetics market. Several brands belonging to LVMH Group have developed strong online presences. Louis Vuitton, for example, has the most followers on Facebook of any other luxury brand in 2020. Furthermore, as of July 2020, Louis Vuitton ranked in second place in terms of online visits, with a market share of 12.8 percent. In the United States, those aged between 25 and 34 years comprises the largest online audience group of luxury brands.

Key figures

The most important key figures provide you with a compact summary of the topic of "Moët Hennessy Louis Vuitton (LVMH Group)" and take you straight to the corresponding statistics.

Key company figures

Social media

Sales figures

Interesting statistics

In the following 5 chapters, you will quickly find the 33 most important statistics relating to "Moët Hennessy Louis Vuitton (LVMH Group)".

LVMH

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Moët Hennessy Louis Vuitton (LVMH Group) - Statistics & Facts

Moët Hennessy Louis Vuitton, more commonly referred to as LVMH Group, is a French luxury goods conglomerate. The company is primarily known for its fashion house, known as simply Louis Vuitton, named for its founder. The group operates globally, selling luxury leather goods, handbags, ready-to-wear fashion, and other fashion accessories. Since 1989, the company has been run by Frenchman Bernard Arnault, following the merger of the luxury goods producer with champagne producer Moët & Chandon and cognac manufacturer Hennessy.

The world's most valuable brand

Louis Vuitton is currently the most valuable luxury brand in the world. This is particularly impressive considering that the global personal luxury goods market has been hit by the impact of the coronavirus crisis. In 2020, LVMH Group’s fashion and leather goods segment brought in 21.2 billion euros in global sales. This was the most resilient business segment for LVMH, since the group's other lines including watches and jewelry and wine and spirit segments regressed to levels that were not experienced since 2016.

LVMH Group continues to open more stores worldwide, with around 88 new stores opening between 2019 and 2020 despite the pandemic. Employee numbers continued to increase for the company as well. In fact, over the past 13 years, the number of employees dropped for the first time during the 2016 reporting period. The employee count has since bounced back, and grown to over 163,000 as of 2020.

Luxury brands on social media

In recent years, social media has played a significant role in the luxury goods and cosmetics market. Several brands belonging to LVMH Group have developed strong online presences. Louis Vuitton, for example, has the most followers on Facebook of any other luxury brand in 2020. Furthermore, as of July 2020, Louis Vuitton ranked in second place in terms of online visits, with a market share of 12.8 percent. In the United States, those aged between 25 and 34 years comprises the largest online audience group of luxury brands.

Interesting statistics

In the following 5 chapters, you will quickly find the 33 most important statistics relating to "Moët Hennessy Louis Vuitton (LVMH Group)".

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