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MC · Euronext Paris

Who owns LVMH?

1 of the world’s richest people holds LVMH in our tracked profiles.

About

LVMH is home to more than 75 brands across six sectors, including wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and retailers such as Sephora and Le Bon Marché.

Luxury goods

Source: LVMH group website ↗. Summary in our own words.

Billionaire holders

  1. Bernard Arnault & familyLuxury & retail
    Chairman & CEOArnault family group 50.33% of capital, 66.27% of voting rights (incl.… · as of Sep 2026
    More
    Entry
    LVMH Moët Hennessy Louis Vuitton SE
    Ticker
    MC
    Exchange
    Euronext Paris
    Role
    Chairman & CEO; Arnault family group is controlling shareholder
    Stake
    Arnault family group 50.33% of capital, 66.27% of voting rights (incl. Financière Agache 6.77%/8.49% direct and Agache 0.51% direct; remainder via Christian Dior SE)
    Stake as of
    2026-09-23
    source ↗

Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.

Recent SEC filings

No Form 4 insider trades in LVMH from the holders above in the last 90 days.

Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.

Recent moves

Oct 19, 2026 edition
Bernard Arnault & familyMarketsLuxury & retailLVMUYAI read · ▼ China still a drag

LVMH's fashion and leather sales slide 5% as China weighs

The move

LVMH reported third-quarter revenue of €18.5 billion, up 1% organically, a slowdown from 3% growth in the second quarter. Its largest division, Fashion & Leather Goods, posted revenue of €8.2 billion, down 5% organically as weaker Chinese demand offset gains in the US. Analysts had expected a decline of only 2% to 2.5%. Watches & Jewelry grew 6% and Selective Retailing grew 8%, led by Sephora.

Why it matters

It confirms that a cautious Chinese consumer is hitting the world's largest luxury group harder than expected, adding to pressure on the broader luxury sector this year.

The bear case

US sales kept growing, and three of LVMH's other four divisions posted solid organic growth, so this isn't a group-wide collapse.

What to watch

LVMH's full-year 2026 results, expected late January 2027.

Source · LVMHRead original ↗Report an error
Oct 17, 2026 edition
Bernard Arnault & familyEarningsLuxury & retailMC.PAAI read · ▼ Still soft

LVMH's fashion and leather sales keep falling

The move

LVMH reported third-quarter 2026 revenue of about €18.5 billion, roughly flat organically, with nine-month revenue at €57.1 billion, up 2% organically. Its Fashion & Leather Goods division, which includes Louis Vuitton and Dior, fell 5% organically in the quarter, the company said on October 12.

Why it matters

Weak demand in China is still dragging on LVMH's biggest and most profitable division, even as its beauty unit, led by Sephora, and its wines and spirits business grew faster than expected.

The bear case

Sales in the U.S., Europe and Japan are still growing, so the Fashion & Leather Goods slide may reflect timing of new collections rather than a deeper pullback in luxury spending.

What to watch

LVMH's full-year 2026 results, expected in late January 2027.

Source · Pulse2Read original ↗Report an error
Oct 15, 2026 edition
Bernard Arnault & familyEarningsLuxury & retailMCAI read · ▼ Slowdown

LVMH's China slump drags on fashion division

The move

LVMH's revenue for the first nine months of 2026 reached 57.1 billion euros, up 2% organically but down 2% on a reported basis, the company's own release showed. Third-quarter organic growth slowed to 1% from 3% in the prior quarter. Fashion & Leather Goods, LVMH's largest division and home to Louis Vuitton and Dior, posted a 5% organic sales drop in the quarter to 8.25 billion euros, which the company attributed to slowing demand in China. Shares fell about 1.7% on Oct. 13, the day after the report.

Why it matters

Fashion & Leather Goods is LVMH's main profit engine, so a second straight quarter of China-driven weakness there raises doubts about how soon the luxury slowdown turns around.

The bear case

The U.S., Europe and Japan all grew well in the quarter, and LVMH says it remains confident in its full-year outlook despite what it calls an uncertain environment.

What to watch

LVMH's full-year 2026 results, due early 2027, for whether China demand stabilizes.

Source · Hargreaves LansdownRead original ↗Report an error
Oct 1, 2026 edition
Bernard Arnault & familyLeadershipLuxury & retailMC.PAAI read · — Control, tightened

Arnault family simplifies LVMH holding structure to lock in control

The move

The Arnault family is simplifying LVMH's ownership by folding its stake into a single listed entity, Agache SCA, replacing the current Christian Dior SE holding company. Agache SCA would hold a direct 49.76% stake in LVMH, representing 65.55% of its voting rights, and Bernard Arnault would continue as managing partner of the surviving entity.

Why it matters

Consolidating the family's LVMH stake into one vehicle is meant to keep control concentrated across generations as Arnault, 77, plans for eventual succession among his five children.

The bear case

Simplifying the structure doesn't resolve the actual succession question of which Arnault child eventually runs LVMH; the restructuring sidesteps it rather than answering it.

What to watch

Which of Arnault's children take on larger roles at LVMH or Agache SCA as the restructuring proceeds.

Source · Business of FashionRead original ↗Report an error
Sep 28, 2026 edition
Bernard Arnault & familyRestructuringLuxury & retailMC.PA · CDI.PAAI read · ▲ Succession planning

Arnault family simplifies LVMH control before generational handoff

The move

Christian Dior said Sept. 23 the Arnault family will merge its holding companies into Christian Dior, convert it into a partnership renamed Agache SCA, and hold 49.76% of LVMH's capital and 65.55% of its voting rights. Dior shares jumped about 17% on the news. Shareholders vote in December 2026, with a mandatory cash tender offer for remaining Dior shares to follow in the first quarter of 2027 at 95% of Dior's net asset value.

Why it matters

Folding decades of cross-holdings into one listed vehicle makes it simpler for Arnault to pass control of the world's biggest luxury group to his children without a fight over who holds which entity.

The bear case

Minority Dior shareholders could still push back on the tender price, and the plan still needs sign-off from France's securities regulator, the AMF.

What to watch

The extraordinary shareholder meetings in December and the AMF's review of the first-quarter 2027 tender offer.

Source · GlobeNewswireRead original ↗Report an error
Sep 27, 2026 edition
Bernard Arnault & familyLeadershipLuxury & retailMC.PA · CDI.PAAI read · — Control move

Arnault family plans to fold LVMH holding companies into one

The move

LVMH's parent Christian Dior said Sept. 23 that the Arnault family plans to merge Financière Agache into Agache, then merge Agache into Christian Dior, and convert Christian Dior into a partnership limited by shares renamed Agache SCA. The resulting single entity would hold 49.76% of LVMH's share capital and 65.55% of its voting rights. Shareholder votes are set for December 2026, with the mergers completing by year-end and a mandatory cash tender offer for minority shareholders, at 95% of Christian Dior's net asset value, running in the first quarter of 2027.

Why it matters

Bernard Arnault, 77, is simplifying the family's multi-layered holding structure into one listed vehicle to keep control of LVMH locked in across generations as succession questions grow louder.

The bear case

The restructuring changes who holds the controlling stake, not LVMH's underlying business, which is still working through a nearly 40% share-price slump this year and weak demand for Louis Vuitton in China.

What to watch

The December 2026 shareholder votes and the tender offer expected in the first quarter of 2027.

Source · GlobeNewswireRead original ↗Report an error
Sep 24, 2026 edition
Bernard ArnaultLeadershipLuxury & retailMC.PAAI read · — Defensive · control move

Arnault family rebuilds LVMH's holding company to lock in control

The move

The Arnault family plans to fold its LVMH stake into Christian Dior SE, then rename that entity Agache SCA, replacing Christian Dior as the family's single listed holding vehicle over LVMH.

Why it matters

A simpler structure makes it easier to keep LVMH under family control across generations, at a time when Arnault has not named a single successor among his five children.

The bear case

Restructuring family control doesn't fix LVMH's underlying problem: luxury demand has been soft enough this year that Arnault fell out of the world's top 10 richest.

What to watch

Whether the restructuring comes with any signal on succession.

Source · BloombergRead original ↗Report an error

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