LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a Paris-based luxury goods group. It was formed in 1987 through the merger of Moët Hennessy and Louis Vuitton. Its shares trade on Euronext Paris under the ticker MC.

The group manages its activities under five business groups: wines and spirits, covering brands such as Moët & Chandon and Hennessy; fashion and leather goods, home to Louis Vuitton, Christian Dior, Celine, Loewe and Fendi; perfumes and cosmetics; watches and jewelry brands such as Tiffany & Co., Bulgari and TAG Heuer; and selective retailing, which includes Sephora and DFS. Most of the brands operate relatively independently with their own management teams.

Prominent themes for LVMH stock include luxury spending by Chinese and US consumers, tourism flows, pricing power in fashion and leather goods, the euro exchange rate and trade disputes affecting cognac exports. On the Lzzo.com page, the shares, which trade in euros, are shown in US dollars; the chart and technical indicators are also calculated on this basis.