LVMH LVMH operates as a luxury products company through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. | Armani Armani designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, watches, jewelry, accessories, eyewear, cosmetics and home interior products. | ||||
Founding Date | Founding Date 1856 | Founding Date 1981 | Founding Date 1987 | Founding Date 1913 | Founding Date 1981 |
Type | Type Public | Type Subsidiary | Type Public | Type Public | Type Private |
Tags | |||||
Locations | Locations London, GB HQ | Locations New York, US HQ | Locations Paris, FR HQ | Locations Milano, IT HQ | Locations Milano, IT HQ New York, US |
Employees | Employees 9,336 | Employees 8,510 | Employees 192,287 | Employees 14,876 | Employees 7,153 |
Valuation ($) | Valuation ($) 33.6 m | Valuation ($) N/A | Valuation ($) 340 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) £3b (FY, 2024) | Revenue (est.) $4b (FY, 2022) | Revenue (est.) €86.2b (FY, 2023) | Revenue (est.) €4.7b (FY, 2023) | Revenue (est.) €2.5b (Y, 2016) |
Cost of goods | Cost of goods £942m (FY, 2024) | Cost of goods N/A | Cost of goods €20.9b (FY, 2023) | Cost of goods €220m (FY, 2023) | Cost of goods N/A |
Gross profit | Gross profit £2b (FY, 2024) | Gross profit N/A | Gross profit €65.2b (FY, 2023) | Gross profit €4.5b (FY, 2023) | Gross profit N/A |
Net income | Net income £271m (FY, 2024) | Net income N/A | Net income €16b (FY, 2023) | Net income €673.4m (FY, 2023) | Net income €271m (Y, 2016) |
Operating ⚠ | |||||
Countries | Countries N/A | Countries 100 (FY, 2022) | Countries 70 (FY, 2017) | Countries N/A | Countries N/A |
Outlet Stores | Outlet Stores 56 (FY, 2021) | Outlet Stores 301 (FY, 2022) | Outlet Stores N/A | Outlet Stores N/A | Outlet Stores N/A |
Retail Stores | Retail Stores 214 (FY, 2021) | Retail Stores 524 (FY, 2022) | Retail Stores N/A | Retail Stores N/A | Retail Stores N/A |
Stores | Stores 415 (FY, 2021) | Stores 821 (Q1, 2023) | Stores 4.4 k (FY, 2017) | Stores N/A | Stores N/A |
Stores (Americas) | Stores (Americas) 86 (FY, 2021) | Stores (Americas) N/A | Stores (Americas) N/A | Stores (Americas) 112 (FY, 2017) | Stores (Americas) N/A |
Stores (Asia-Pacific) | Stores (Asia-Pacific) 209 (FY, 2021) | Stores (Asia-Pacific) N/A | Stores (Asia-Pacific) 1.6 k (FY, 2017) | Stores (Asia-Pacific) 209 (FY, 2017) | Stores (Asia-Pacific) N/A |
Stores (Europe) | Stores (Europe) N/A | Stores (Europe) N/A | Stores (Europe) 1.2 k (FY, 2017) | Stores (Europe) 233 (FY, 2017) | Stores (Europe) N/A |