LVMH-backed PE fund seeks SEBI’s approval, 9 brands in the luxury giant’s portfolio​

Jul 26, 2024

By: Prerna Tyagi

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​LVMH Moët Hennessy Louis Vuitton ​

LVMH Moët Hennessy Louis Vuitton (LVMH) is a French multinational holding company specializing in luxury goods. Headed by Bernard Arnault, the richest man in Europe, it became the first European company to surpass a valuation of $500 billion last year.

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​ L Catterton​

In what could be the first instance of a global private equity fund launching an India investment vehicle, LVMH-backed L Catterton has sought SEBI’s approval to launch their Rs. 4000 cr India fund. Let’s take a look at a few of the luxury brands in their portfolio:

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Louis Vuitton

Founded in 1854, Louis Vuitton is a leading international fashion house known for its luxury bags, accessories, and apparel. Deepika Padukone is the international brand ambassador for this iconic fashion giant.​

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​Bulgari​

Bulgari is headquartered in Rome. Priyanka Chopra is one of the ambassadors of this brand, which is synonymous with high-end jewellery and watches.

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​Tiffany & Co​

Immortalised in popular culture by the 1961 Audrey Hepburn film Breakfast at Tiffany's, Tiffany & Co. has been a symbol of elegance and luxury. In 2017, LVMH acquired a majority stake in Tiffany & Co. for a staggering US$15.8 billion.

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Dior

Christian Dior, commonly known as Dior, is chaired by Bernard Arnault, who is also the CEO of LVMH.

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Fenty Beauty by Rihanna

Rihanna’s beauty brand debuted in India earlier this year. Fenty Beauty, known for its colour-inclusive beauty products, was developed with LVMH through their Kendo division in 2016.

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Sephora​

Sephora is a global beauty giant, known for its extensive range of cosmetics and skincare products. As part of LVMH, Sephora continues to lead the beauty industry with its curated selections and distinct store experience.

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Fendi

Known for its distinctive 'FF' logo and chic leather accessories, Fendi has established itself as a favourite among fashion aficionados with its bold design language.​

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Marc Jacobs

LV owns a majority stake in Marc Jacobs’ namesake brand, that he started with Robert Duffy in 1984. The brand’s bold and unique collections make a distinctive statement in the fashion world.​

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Givenchy

Another French luxury giant in their prestigious portfolio, Givenchy is celebrated for its sophisticated and avant-garde fashion. This brand has been a symbol of high couture and timeless style since its inception.​

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