LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value.
Some say Arnault's strength lies in identifying companies with longevity. His most recent acquisition was Tiffany & Co. for"When he talks about potential acquisitions, he's not looking for the brand that's hot right now. He's looking for a brand that he thinks can be here 100 years from now," said Anish Melwani, chairman and CEO of LVMH for North America.
Though managed by LVMH, each maison has creative control over its own brand, with its own C-suite executives and mission.
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