The world leader in luxury, LVMH has since its founding in 1987 deployed a business model marked by creative momentum and a constant quest for excellence. The Group drives long-term momentum to develop its 75 Maisons, respecting their distinctive identities. Throughout the world they are all ambassadors of our vision of a refined art de vivre.
Created in 1987, the LVMH Group today comprises more than 75 exceptional Maisons, each of which creates high-quality products. It is the only group present in all five major sectors of the luxury market: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective Retailing. LVMH currently employs over 196,000 people across the world and reported sales of 79.2 billion euros in 2022.
Over the centuries, our Maisons have carefully preserved and enhanced their tangible and intangible heritage by resolutely focusing on the quality of their products and services. Vertical integration across the value chain cultivates this excellence both upstream and downstream, from sourcing of the finest raw materials to production and selective retailing. This model guarantees the excellence of our products over time. Our products are designed to last from generation to generation, aligned with our vision of a truly timeless art de vivre.
Just as we never compromise on the quality of our products – the source of our business success – we are every bit as uncompromising about our ethics and our underlying social and environmental responsibilities. This is why we constantly strengthen our commitments, year after year. LVMH has always been strongly committed to ethical behavior and insists on integrity in all our activities and relations, whether with employees, partners or other stakeholders. These commitments constitute a clear response to the issue of the ethical responsibility of businesses in general, and reflect the leadership that a group such as LVMH is expected to show, both for French society and internationally. As the leader in our industry, we actively engage with these responsibilities.