# LVMH MOET HENNESSY

Summary updated: 2026-03-19T23:20:08.266011Z
Canonical: https://finbar.com/research/companies/lvmh-moet-hennessy

## Overview

LVMH Moët Hennessy Louis Vuitton is a global luxury goods group formed in 1987 through the merger of Moët Hennessy and Louis Vuitton. It describes itself as the world’s leading luxury goods company, built around 75 Maisons that operate in six business segments and combine heritage, craftsmanship and innovation across multiple luxury categories.[1](https://app.finbar.com/go?id=P-d43043a0a9ae468dac9a46a52e92ad98)[2](https://app.finbar.com/go?id=P-79f586c8c3154d22a4976cf38b041588) Its activities span the major luxury sectors, including wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, selective retailing, and other activities.[3](https://app.finbar.com/go?id=P-5d3c588d87914469aabbf26afa922efe)[4](https://app.finbar.com/go?id=P-6cdb6301d4144ffe966d82538df0aa98)[5](https://app.finbar.com/go?id=P-f6d166b7c6054d1e966db4827f0c2fe7)[6](https://app.finbar.com/go?id=P-c25ee828e4fd46438444e89dcb28cc18)[7](https://app.finbar.com/go?id=P-f5f54a96fef145b48a6b74153ae296c2)[8](https://app.finbar.com/go?id=P-91b5edbe4a4741e1aa4e02926154b198)[9](https://app.finbar.com/go?id=P-aad4b19b7f1c478eabdfb45eaf905ef8)

The group’s stated mission is “the art of crafting dreams.”[10](https://app.finbar.com/go?id=P-ae7eed050ed141ad823c5b2c4ed69e48) LVMH has a broad international footprint, with operations in 81 countries, 6,307 stores worldwide and 215,637 employees.[11](https://app.finbar.com/go?id=P-79299ac657284da09ed31df71557510f)[12](https://app.finbar.com/go?id=P-7ca443fb642c437dae4c3a905dbd7520) In 2024 it generated revenue of €84.7 billion, with business geographically diversified; Asia excluding Japan and the United States were its largest delivery markets, followed by Europe excluding France.[13](https://app.finbar.com/go?id=P-4c6002126cec4194ba7b92b26998eb2a)[14](https://app.finbar.com/go?id=P-8e5a098cde86448eaf58c503dff5ae0b)
[1](https://app.finbar.com/go?id=P-d43043a0a9ae468dac9a46a52e92ad98)[2](https://app.finbar.com/go?id=P-79f586c8c3154d22a4976cf38b041588)[3](https://app.finbar.com/go?id=P-5d3c588d87914469aabbf26afa922efe)[4](https://app.finbar.com/go?id=P-6cdb6301d4144ffe966d82538df0aa98)[5](https://app.finbar.com/go?id=P-f6d166b7c6054d1e966db4827f0c2fe7)[6](https://app.finbar.com/go?id=P-c25ee828e4fd46438444e89dcb28cc18)[7](https://app.finbar.com/go?id=P-f5f54a96fef145b48a6b74153ae296c2)[8](https://app.finbar.com/go?id=P-91b5edbe4a4741e1aa4e02926154b198)[9](https://app.finbar.com/go?id=P-aad4b19b7f1c478eabdfb45eaf905ef8)[10](https://app.finbar.com/go?id=P-ae7eed050ed141ad823c5b2c4ed69e48)[11](https://app.finbar.com/go?id=P-79299ac657284da09ed31df71557510f)[12](https://app.finbar.com/go?id=P-7ca443fb642c437dae4c3a905dbd7520)[13](https://app.finbar.com/go?id=P-4c6002126cec4194ba7b92b26998eb2a)[14](https://app.finbar.com/go?id=P-8e5a098cde86448eaf58c503dff5ae0b)

## Products & services

In 2024, LVMH’s revenue mix was 48% Fashion & Leather Goods, 22% Selective Retailing, 12% Watches & Jewelry, 10% Perfumes & Cosmetics, and 7% Wines & Spirits; within Wines & Spirits, 54% of revenue came from champagne and wines and 46% from cognac and spirits.[15](https://app.finbar.com/go?id=P-1c026dc8efd4408baa00990c8e40e7fd)[16](https://app.finbar.com/go?id=P-eac490b1415e42a4b0bf4d8ab999e41b) Its wines and spirits portfolio includes Moët & Chandon, Dom Pérignon, Ruinart, Krug, Veuve Clicquot, Hennessy, Château d’Yquem, Glenmorangie and Clos des Lambrays.[17](https://app.finbar.com/go?id=P-a12fd9271f31483fb0bc00a54480a21d) Champagne production is tied to the 34,000-hectare AOC area and uses Chardonnay, Pinot Noir and Meunier, while Hennessy’s cognac production relies mainly on Ugni Blanc eaux-de-vie from the first four Cognac crus, two-stage Charentaise distillation, oak-barrel aging, and the 26,000-square-meter Pont Neuf bottling and packaging plant, which has capacity of 10 million cases per year.[18](https://app.finbar.com/go?id=P-aa88a3b904ee4b34b5a50dad4cae7559)[19](https://app.finbar.com/go?id=P-34baf17f49024b9daac04bdf7f973454)[20](https://app.finbar.com/go?id=P-10346574e0b34d33a4b0d2f302379631)[21](https://app.finbar.com/go?id=P-e143ba687afb45349263f9d1355a78e6)

In Fashion & Leather Goods, Louis Vuitton highlighted the Speedy P9 bag, the Low Key line, the Neverfull Inside Out reversible bag, LV Diamonds cut in the shape of the Monogram flower with full traceability, the Escale watch’s first three-hand model, and bespoke trunks handcrafted in the Asnières workshops for the Paris 2024 torches and medals and for America’s Cup trophies; Dior highlighted Dioriviera, the Miss Dior collection, Diorama & Diorigami high jewelry, and My Dior.[22](https://app.finbar.com/go?id=P-8d477d34554741579f7ebc8e09305f86)[23](https://app.finbar.com/go?id=P-0fff788558284e419dd194c4308ceaa0) In Watches & Jewelry, Tiffany & Co. emphasized Tiffany T, Lock, HardWear, Knot, the Blue Book Céleste collection, Tiffany Titan by Pharrell Williams and Elsa Peretti’s Bone Cuff; Bulgari highlighted the Aeterna high-jewelry collection, the 140-carat Aeterna necklace, Tubogas jewelry and the Octo Finissimo Ultra COSC; and TAG Heuer featured the Monaco Split-Seconds Chronograph, Formula 1 x Kith limited editions, and the Aquaracer and Carrera lines.[24](https://app.finbar.com/go?id=P-0cd1867ccef341108ae25f435ff94fab)[25](https://app.finbar.com/go?id=P-f54b48624dce495990fbe8dabc5a2990)[26](https://app.finbar.com/go?id=P-f6260c175e104c78bd77583b5fa49b1c)[27](https://app.finbar.com/go?id=P-7364285ab874410ea55f11cea6647520) LVMH says it designs most watch models in-house, assembles a substantial share in Swiss workshops, manufactures movements including El Primero, Elite, Heuer 02, UNICO and Solotempo, makes components such as dials, cases and straps, and operates a worldwide multi-brand after-sales network.[28](https://app.finbar.com/go?id=P-6ba5078845344c27b2582b7e82bccd39)[29](https://app.finbar.com/go?id=P-5bae1dedf97d45ac9e563faa754fc5e8)

In Perfumes & Cosmetics, highlighted products include Dior’s Sauvage, J’adore, Miss Dior and Miss Dior Parfum; Guerlain’s Aqua Allegoria, Terracotta and Abeille Royale; Benefit’s Precisely, My Brow and Benetint; Fresh’s Kombucha Essence and Soy Facial Cleanser; Make Up For Ever’s HD Skin Hydra Glow foundation and Artist Color Pencil; Fenty Hair; and Maison Francis Kurkdjian’s Baccarat Rouge 540.[30](https://app.finbar.com/go?id=P-85935b0ee72d4803a97e8474d382cbf4)[31](https://app.finbar.com/go?id=P-6721aa072f384412ad01fb1bb512bd2a)[32](https://app.finbar.com/go?id=P-fee869d73e4a42f0888dca8305c4de69)[33](https://app.finbar.com/go?id=P-a391bebd39694464ad3970a6d3dc56d6) The group’s research platform, LVMH Recherche, operates across five sites with 670 employees, 400 patent families and development of over a thousand skincare, makeup and fragrance products each year.[34](https://app.finbar.com/go?id=P-b9d0166aa7d3445190e75279556cdfe3)[35](https://app.finbar.com/go?id=P-d504a6eaf8dd4b1f99d105f7fc3f499d) In Selective Retailing, Sephora organizes stores around perfume, makeup, skincare, haircare and services, allows product trial and adviser consultations, operates 2,175 stores in 34 countries alongside websites and mobile apps, uses AI-powered diagnostic tools, and states that makeup is its largest category while online sales account for nearly one-quarter of revenue; it also runs Clean at Sephora and Planet Aware at Sephora screening programs.[36](https://app.finbar.com/go?id=P-ce804cb08b364a9f972b777f6b511548)[37](https://app.finbar.com/go?id=P-8209b2fea6fe43caa7b72ca17a5e65f9)[38](https://app.finbar.com/go?id=P-463bbcf874d84226bfbed356e68d1789)[39](https://app.finbar.com/go?id=P-3cb05fe0788e45d3871949670a2e8cb9)
[15](https://app.finbar.com/go?id=P-1c026dc8efd4408baa00990c8e40e7fd)[16](https://app.finbar.com/go?id=P-eac490b1415e42a4b0bf4d8ab999e41b)[17](https://app.finbar.com/go?id=P-a12fd9271f31483fb0bc00a54480a21d)[18](https://app.finbar.com/go?id=P-aa88a3b904ee4b34b5a50dad4cae7559)[19](https://app.finbar.com/go?id=P-34baf17f49024b9daac04bdf7f973454)[20](https://app.finbar.com/go?id=P-10346574e0b34d33a4b0d2f302379631)[21](https://app.finbar.com/go?id=P-e143ba687afb45349263f9d1355a78e6)[22](https://app.finbar.com/go?id=P-8d477d34554741579f7ebc8e09305f86)[23](https://app.finbar.com/go?id=P-0fff788558284e419dd194c4308ceaa0)[24](https://app.finbar.com/go?id=P-0cd1867ccef341108ae25f435ff94fab)[25](https://app.finbar.com/go?id=P-f54b48624dce495990fbe8dabc5a2990)[26](https://app.finbar.com/go?id=P-f6260c175e104c78bd77583b5fa49b1c)[27](https://app.finbar.com/go?id=P-7364285ab874410ea55f11cea6647520)[28](https://app.finbar.com/go?id=P-6ba5078845344c27b2582b7e82bccd39)[29](https://app.finbar.com/go?id=P-5bae1dedf97d45ac9e563faa754fc5e8)[30](https://app.finbar.com/go?id=P-85935b0ee72d4803a97e8474d382cbf4)[31](https://app.finbar.com/go?id=P-6721aa072f384412ad01fb1bb512bd2a)[32](https://app.finbar.com/go?id=P-fee869d73e4a42f0888dca8305c4de69)[33](https://app.finbar.com/go?id=P-a391bebd39694464ad3970a6d3dc56d6)[34](https://app.finbar.com/go?id=P-b9d0166aa7d3445190e75279556cdfe3)[35](https://app.finbar.com/go?id=P-d504a6eaf8dd4b1f99d105f7fc3f499d)[36](https://app.finbar.com/go?id=P-ce804cb08b364a9f972b777f6b511548)[37](https://app.finbar.com/go?id=P-8209b2fea6fe43caa7b72ca17a5e65f9)[38](https://app.finbar.com/go?id=P-463bbcf874d84226bfbed356e68d1789)[39](https://app.finbar.com/go?id=P-3cb05fe0788e45d3871949670a2e8cb9)

## Geographic presence

LVMH reports a broad international footprint, with a presence in 81 countries, 6,307 stores worldwide and 215,637 employees at year-end 2024.[11](https://app.finbar.com/go?id=P-79299ac657284da09ed31df71557510f) Its registered office is at 22 avenue Montaigne, 75008 Paris, France, and it owns the building housing its headquarters there; it also owns three office buildings in New York totaling about 20,400 square meters and four office buildings in London totaling about 3,500 square meters.[40](https://app.finbar.com/go?id=P-868565b273da4ccba7d2aff7ce1a3740)[41](https://app.finbar.com/go?id=P-e8eda3d311874ed4bcd1f8e4e57f5ef1)

In 2024, LVMH's revenue by geographic region of delivery was weighted toward Asia (excl. Japan) at 27.5% and the United States at 25.5%, followed by Europe (excl. France) at 17.2%, Other countries at 12.8%, Japan at 8.8% and France at 8.3%.[42](https://app.finbar.com/go?id=P-9f871716a9534e479735da7eff0e6b75)[43](https://app.finbar.com/go?id=T-27fe9a60a16742be89747abe29e1103a) Its store network was concentrated in Asia (excl. Japan) with 2,019 stores, followed by Europe (excl. France) with 1,254, the United States with 1,193, Other markets with 778, France with 553 and Japan with 510.[44](https://app.finbar.com/go?id=P-6f5163ea6613482e953e56fe051b5e14)[45](https://app.finbar.com/go?id=T-b9d61b667928413da7d35404d007bc06) Employee distribution was similarly diversified across regions: Europe (excl. France) 48,736, Asia (excl. Japan) 48,719, United States 44,870, France 39,856, Other markets 22,158 and Japan 11,299.[46](https://app.finbar.com/go?id=P-ba7531138882463287a395ba458c4e29)[47](https://app.finbar.com/go?id=T-46cee81c79a7424e85d21b681e8ac33f)
[11](https://app.finbar.com/go?id=P-79299ac657284da09ed31df71557510f)[40](https://app.finbar.com/go?id=P-868565b273da4ccba7d2aff7ce1a3740)[41](https://app.finbar.com/go?id=P-e8eda3d311874ed4bcd1f8e4e57f5ef1)[42](https://app.finbar.com/go?id=P-9f871716a9534e479735da7eff0e6b75)[43](https://app.finbar.com/go?id=T-27fe9a60a16742be89747abe29e1103a)[44](https://app.finbar.com/go?id=P-6f5163ea6613482e953e56fe051b5e14)[45](https://app.finbar.com/go?id=T-b9d61b667928413da7d35404d007bc06)[46](https://app.finbar.com/go?id=P-ba7531138882463287a395ba458c4e29)[47](https://app.finbar.com/go?id=T-46cee81c79a7424e85d21b681e8ac33f)

## Business segments

LVMH’s reported business groups are led by Fashion and Leather Goods, which is the largest segment at about 48% of 2024 revenue. It includes maisons such as Louis Vuitton, Christian Dior, Celine, Loewe, Kenzo, Givenchy, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Loro Piana, Rimowa and Patou, with LVMH describing the model as preserving each brand’s identity and autonomous management while supporting them with shared resources. [48](https://app.finbar.com/go?id=P-d97336e1ddd24d0bbc06f5dba20df354)[49](https://app.finbar.com/go?id=P-a55977f9a5734dcb922eef6e429ae37b)[50](https://app.finbar.com/go?id=P-f3cb169e00fd45659294768afd7b82b0)[51](https://app.finbar.com/go?id=P-40148dcf97b249b698588fb501c9a60e)[52](https://app.finbar.com/go?id=P-7876d229cbf649119e5278f88f4d8afe) Selective Retailing represented 22% of revenue and comprises Sephora, Le Bon Marché and DFS, spanning selective beauty retail, department-store retail and travel retail. [53](https://app.finbar.com/go?id=P-8a3bf2f161954d28877ad0d8517cb6bf)[54](https://app.finbar.com/go?id=P-cc32a8f2df0a4bafbf8210e22330bf18)[55](https://app.finbar.com/go?id=P-7f71e3a65ae6466eb75def51613a7249) Watches and Jewelry accounted for 12% of revenue and covers high-end watchmaking, jewelry and high jewelry; LVMH also highlights in-house manufacturing of watches, movements and key components for brands including TAG Heuer, Hublot, Zenith, Tiffany, Bulgari and Chaumet. [56](https://app.finbar.com/go?id=P-d29991a3f9444d22b9eaf54e7e0450fb)[57](https://app.finbar.com/go?id=P-ab67399c8cf84fab8c34ffded5d1d8d1)[28](https://app.finbar.com/go?id=P-6ba5078845344c27b2582b7e82bccd39)

Perfumes and Cosmetics represented 10% of revenue and focuses on perfume, makeup and skincare through brands including Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Benefit, Fresh, Acqua di Parma, Loewe Perfumes, Make Up For Ever, Maison Francis Kurkdjian, Fenty Beauty and Officine Universelle Buly. [58](https://app.finbar.com/go?id=P-2cce29663ed74d23898aa4a8872302ce)[59](https://app.finbar.com/go?id=P-f39bb503267e452585d6a1fee6f0a521)[60](https://app.finbar.com/go?id=P-4cbf91df12ba4c5799c6eac119421274) Wines and Spirits represented 7% of revenue and is organized around Champagne, wines, cognac and other spirits; LVMH states that the segment is divided into Champagne, Wines and Spirits, and that in 2024 champagne and wines contributed 54% of segment revenue while cognac and spirits contributed 46%. [16](https://app.finbar.com/go?id=P-eac490b1415e42a4b0bf4d8ab999e41b)[4](https://app.finbar.com/go?id=P-6cdb6301d4144ffe966d82538df0aa98)
[48](https://app.finbar.com/go?id=P-d97336e1ddd24d0bbc06f5dba20df354)[49](https://app.finbar.com/go?id=P-a55977f9a5734dcb922eef6e429ae37b)[50](https://app.finbar.com/go?id=P-f3cb169e00fd45659294768afd7b82b0)[51](https://app.finbar.com/go?id=P-40148dcf97b249b698588fb501c9a60e)[52](https://app.finbar.com/go?id=P-7876d229cbf649119e5278f88f4d8afe)[53](https://app.finbar.com/go?id=P-8a3bf2f161954d28877ad0d8517cb6bf)[54](https://app.finbar.com/go?id=P-cc32a8f2df0a4bafbf8210e22330bf18)[55](https://app.finbar.com/go?id=P-7f71e3a65ae6466eb75def51613a7249)[56](https://app.finbar.com/go?id=P-d29991a3f9444d22b9eaf54e7e0450fb)[57](https://app.finbar.com/go?id=P-ab67399c8cf84fab8c34ffded5d1d8d1)[28](https://app.finbar.com/go?id=P-6ba5078845344c27b2582b7e82bccd39)[58](https://app.finbar.com/go?id=P-2cce29663ed74d23898aa4a8872302ce)[59](https://app.finbar.com/go?id=P-f39bb503267e452585d6a1fee6f0a521)[60](https://app.finbar.com/go?id=P-4cbf91df12ba4c5799c6eac119421274)[16](https://app.finbar.com/go?id=P-eac490b1415e42a4b0bf4d8ab999e41b)[4](https://app.finbar.com/go?id=P-6cdb6301d4144ffe966d82538df0aa98)

## Company history

LVMH’s heritage reaches back well before the group itself was formed: Moët & Chandon was founded in 1743, Hennessy in 1765, and Louis Vuitton in 1854.[61](https://app.finbar.com/go?id=T-6a2d7eb5b3d941f1857ea804805513ca) In 1984, Bernard Arnault became Chairman and Chief Executive Officer of Financière Agache and Christian Dior and reorganized that structure around luxury brands, with Christian Dior as its cornerstone.[62](https://app.finbar.com/go?id=P-c69842001ba24c65b82ce9f0aff6949a) LVMH was then created in 1987 through the merger of Moët Hennessy and Louis Vuitton, and Arnault became its leading shareholder, Chairman and Chief Executive Officer in 1989.[63](https://app.finbar.com/go?id=P-df103b4351514422bc1cd6c5fba8a6ac)

From the 1990s onward, LVMH expanded by adding more houses and retail businesses. Sephora, founded in 1969, became part of LVMH in 1997, while LVMH acquired Fendi in 2000 and became its majority shareholder in 2001.[61](https://app.finbar.com/go?id=T-6a2d7eb5b3d941f1857ea804805513ca)[64](https://www.lvmh.com/en/our-maisons/selective-retailing/sephora)[65](https://www.lvmh.com/en/our-maisons/fashion-leather-good/fendi) Later milestones included the Bulgari family joining forces with LVMH in 2011 and LVMH completing its acquisition of Tiffany & Co. in 2021.[66](https://www.lvmh.com/en/financial-calendar/the-bulgari-family-joins-forces-with-lvmh)[67](https://www.lvmh.com/news-documents/press-releases/lvmh-completes-the-acquisition-of-tiffany-and-co/)
[61](https://app.finbar.com/go?id=T-6a2d7eb5b3d941f1857ea804805513ca)[62](https://app.finbar.com/go?id=P-c69842001ba24c65b82ce9f0aff6949a)[63](https://app.finbar.com/go?id=P-df103b4351514422bc1cd6c5fba8a6ac)[64](https://www.lvmh.com/en/our-maisons/selective-retailing/sephora)[65](https://www.lvmh.com/en/our-maisons/fashion-leather-good/fendi)[66](https://www.lvmh.com/en/financial-calendar/the-bulgari-family-joins-forces-with-lvmh)[67](https://www.lvmh.com/news-documents/press-releases/lvmh-completes-the-acquisition-of-tiffany-and-co/)

## Sources

1. [LVMH MOET HENNESSY — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=P-d43043a0a9ae468dac9a46a52e92ad98)
2. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-79f586c8c3154d22a4976cf38b041588)
3. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-5d3c588d87914469aabbf26afa922efe)
4. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-6cdb6301d4144ffe966d82538df0aa98)
5. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-f6d166b7c6054d1e966db4827f0c2fe7)
6. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-c25ee828e4fd46438444e89dcb28cc18)
7. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-f5f54a96fef145b48a6b74153ae296c2)
8. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-91b5edbe4a4741e1aa4e02926154b198)
9. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-aad4b19b7f1c478eabdfb45eaf905ef8)
10. [LVMH MOET HENNESSY — Full financial report (2024 Y), p62](https://app.finbar.com/go?id=P-ae7eed050ed141ad823c5b2c4ed69e48)
11. [LVMH MOET HENNESSY — Full financial report (2024 Y), p59](https://app.finbar.com/go?id=P-79299ac657284da09ed31df71557510f)
12. [LVMH MOET HENNESSY — Full financial report (2024 Y), p180](https://app.finbar.com/go?id=P-7ca443fb642c437dae4c3a905dbd7520)
13. [LVMH MOET HENNESSY — Full financial report (2024 Y), p316](https://app.finbar.com/go?id=P-4c6002126cec4194ba7b92b26998eb2a)
14. [LVMH MOET HENNESSY — Full financial report (2024 Y), p384](https://app.finbar.com/go?id=P-8e5a098cde86448eaf58c503dff5ae0b)
15. [LVMH MOET HENNESSY — Full financial report (2024 Y), p316](https://app.finbar.com/go?id=P-1c026dc8efd4408baa00990c8e40e7fd)
16. [LVMH MOET HENNESSY — Full financial report (2024 Y), p12](https://app.finbar.com/go?id=P-eac490b1415e42a4b0bf4d8ab999e41b)
17. [LVMH MOET HENNESSY — Full financial report (2024 Y), p12](https://app.finbar.com/go?id=P-a12fd9271f31483fb0bc00a54480a21d)
18. [LVMH MOET HENNESSY — Full financial report (2024 Y), p13](https://app.finbar.com/go?id=P-aa88a3b904ee4b34b5a50dad4cae7559)
19. [LVMH MOET HENNESSY — Full financial report (2024 Y), p13](https://app.finbar.com/go?id=P-34baf17f49024b9daac04bdf7f973454)
20. [LVMH MOET HENNESSY — Full financial report (2024 Y), p13](https://app.finbar.com/go?id=P-10346574e0b34d33a4b0d2f302379631)
21. [LVMH MOET HENNESSY — Full financial report (2024 Y), p13](https://app.finbar.com/go?id=P-e143ba687afb45349263f9d1355a78e6)
22. [LVMH MOET HENNESSY — Full financial report (2024 Y), p17](https://app.finbar.com/go?id=P-8d477d34554741579f7ebc8e09305f86)
23. [LVMH MOET HENNESSY — Full financial report (2024 Y), p17](https://app.finbar.com/go?id=P-0fff788558284e419dd194c4308ceaa0)
24. [LVMH MOET HENNESSY — Full financial report (2024 Y), p22](https://app.finbar.com/go?id=P-0cd1867ccef341108ae25f435ff94fab)
25. [LVMH MOET HENNESSY — Full financial report (2024 Y), p22](https://app.finbar.com/go?id=P-f54b48624dce495990fbe8dabc5a2990)
26. [LVMH MOET HENNESSY — Full financial report (2024 Y), p22](https://app.finbar.com/go?id=P-f6260c175e104c78bd77583b5fa49b1c)
27. [LVMH MOET HENNESSY — Full financial report (2024 Y), p22](https://app.finbar.com/go?id=P-7364285ab874410ea55f11cea6647520)
28. [LVMH MOET HENNESSY — Full financial report (2024 Y), p21](https://app.finbar.com/go?id=P-6ba5078845344c27b2582b7e82bccd39)
29. [LVMH MOET HENNESSY — Full financial report (2024 Y), p22](https://app.finbar.com/go?id=P-5bae1dedf97d45ac9e563faa754fc5e8)
30. [LVMH MOET HENNESSY — Full financial report (2024 Y), p20](https://app.finbar.com/go?id=P-85935b0ee72d4803a97e8474d382cbf4)
31. [LVMH MOET HENNESSY — Full financial report (2024 Y), p20](https://app.finbar.com/go?id=P-6721aa072f384412ad01fb1bb512bd2a)
32. [LVMH MOET HENNESSY — Full financial report (2024 Y), p20](https://app.finbar.com/go?id=P-fee869d73e4a42f0888dca8305c4de69)
33. [LVMH MOET HENNESSY — Full financial report (2024 Y), p21](https://app.finbar.com/go?id=P-a391bebd39694464ad3970a6d3dc56d6)
34. [LVMH MOET HENNESSY — Full financial report (2024 Y), p19](https://app.finbar.com/go?id=P-b9d0166aa7d3445190e75279556cdfe3)
35. [LVMH MOET HENNESSY — Full financial report (2024 Y), p19](https://app.finbar.com/go?id=P-d504a6eaf8dd4b1f99d105f7fc3f499d)
36. [LVMH MOET HENNESSY — Full financial report (2024 Y), p24](https://app.finbar.com/go?id=P-ce804cb08b364a9f972b777f6b511548)
37. [LVMH MOET HENNESSY — Full financial report (2024 Y), p24](https://app.finbar.com/go?id=P-8209b2fea6fe43caa7b72ca17a5e65f9)
38. [LVMH MOET HENNESSY — Full financial report (2024 Y), p24](https://app.finbar.com/go?id=P-463bbcf874d84226bfbed356e68d1789)
39. [LVMH MOET HENNESSY — Full financial report (2024 Y), p24](https://app.finbar.com/go?id=P-3cb05fe0788e45d3871949670a2e8cb9)
40. [LVMH MOET HENNESSY — Full financial report (2024 Y), p404](https://app.finbar.com/go?id=P-868565b273da4ccba7d2aff7ce1a3740)
41. [LVMH MOET HENNESSY — Full financial report (2024 Y), p326](https://app.finbar.com/go?id=P-e8eda3d311874ed4bcd1f8e4e57f5ef1)
42. [LVMH MOET HENNESSY — Full financial report (2024 Y), p384](https://app.finbar.com/go?id=P-9f871716a9534e479735da7eff0e6b75)
43. [LVMH MOET HENNESSY — Full financial report (2024 Y), p384](https://app.finbar.com/go?id=T-27fe9a60a16742be89747abe29e1103a)
44. [LVMH MOET HENNESSY — Full financial report (2024 Y), p317](https://app.finbar.com/go?id=P-6f5163ea6613482e953e56fe051b5e14)
45. [LVMH MOET HENNESSY — Full financial report (2024 Y), p317](https://app.finbar.com/go?id=T-b9d61b667928413da7d35404d007bc06)
46. [LVMH MOET HENNESSY — Full financial report (2024 Y), p180](https://app.finbar.com/go?id=P-ba7531138882463287a395ba458c4e29)
47. [LVMH MOET HENNESSY — Full financial report (2024 Y), p180](https://app.finbar.com/go?id=T-46cee81c79a7424e85d21b681e8ac33f)
48. [LVMH MOET HENNESSY — Full financial report (2024 Y), p62](https://app.finbar.com/go?id=P-d97336e1ddd24d0bbc06f5dba20df354)
49. [LVMH MOET HENNESSY — Full financial report (2024 Y), p62](https://app.finbar.com/go?id=P-a55977f9a5734dcb922eef6e429ae37b)
50. [LVMH MOET HENNESSY — Full financial report (2024 Y), p62](https://app.finbar.com/go?id=P-f3cb169e00fd45659294768afd7b82b0)
51. [LVMH MOET HENNESSY — Full financial report (2024 Y), p15](https://app.finbar.com/go?id=P-40148dcf97b249b698588fb501c9a60e)
52. [LVMH MOET HENNESSY — Full financial report (2024 Y), p15](https://app.finbar.com/go?id=P-7876d229cbf649119e5278f88f4d8afe)
53. [LVMH MOET HENNESSY — Full financial report (2024 Y), p23](https://app.finbar.com/go?id=P-8a3bf2f161954d28877ad0d8517cb6bf)
54. [LVMH MOET HENNESSY — Full financial report (2024 Y), p23](https://app.finbar.com/go?id=P-cc32a8f2df0a4bafbf8210e22330bf18)
55. [LVMH MOET HENNESSY — Full financial report (2024 Y), p23](https://app.finbar.com/go?id=P-7f71e3a65ae6466eb75def51613a7249)
56. [LVMH MOET HENNESSY — Full financial report (2024 Y), p21](https://app.finbar.com/go?id=P-d29991a3f9444d22b9eaf54e7e0450fb)
57. [LVMH MOET HENNESSY — Full financial report (2023 Y), p12](https://app.finbar.com/go?id=P-ab67399c8cf84fab8c34ffded5d1d8d1)
58. [LVMH MOET HENNESSY — Full financial report (2024 Y), p18](https://app.finbar.com/go?id=P-2cce29663ed74d23898aa4a8872302ce)
59. [LVMH MOET HENNESSY — Full financial report (2024 Y), p18](https://app.finbar.com/go?id=P-f39bb503267e452585d6a1fee6f0a521)
60. [LVMH MOET HENNESSY — Full financial report (2024 Y), p18](https://app.finbar.com/go?id=P-4cbf91df12ba4c5799c6eac119421274)
61. [LVMH MOET HENNESSY — Full financial report (2024 Y), p3](https://app.finbar.com/go?id=T-6a2d7eb5b3d941f1857ea804805513ca)
62. [LVMH MOET HENNESSY — Full financial report (2023 Y), p191](https://app.finbar.com/go?id=P-c69842001ba24c65b82ce9f0aff6949a)
63. [LVMH MOET HENNESSY — Full financial report (2024 Y), p58](https://app.finbar.com/go?id=P-df103b4351514422bc1cd6c5fba8a6ac)
64. [www.lvmh.com](https://www.lvmh.com/en/our-maisons/selective-retailing/sephora)
65. [www.lvmh.com](https://www.lvmh.com/en/our-maisons/fashion-leather-good/fendi)
66. [www.lvmh.com](https://www.lvmh.com/en/financial-calendar/the-bulgari-family-joins-forces-with-lvmh)
67. [www.lvmh.com](https://www.lvmh.com/news-documents/press-releases/lvmh-completes-the-acquisition-of-tiffany-and-co/)

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