Investopedia explains 'Bernard Arnault'
LVMH is a French holding company, formed through a 1987 merger, that owns more than 60 internationally recognized luxury good companies, including Louis Vuitton, Moët et Chandon and Hennessy. The majority of LVMH's brands fall into the categories of wine and spirits, fashion and leather goods, perfumes and cosmetics, and watches and jewelry.
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