LVMH is the premier luxury conglomerate that owns iconic brands such as Louis Vuitton, Moët, Hennessey, Christian Dior, Bulgari, Dom Perignon, Sephora, Fendy, Hublot....the list goes on, and is soon to include the iconic jeweler Tiffany and Co. that was the subject of an episode a few weeks ago.
The de-centralized, vertically integrated luxury model, in addition to excellent management, has allowed LVMH's stable of Maisons to thrive for decades. It is one of the best large businesses I have ever come across.
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