5 Most Valuable Clothing Companies in the World

Page 5 of 5

1. LVMH Moët Hennessy – Louis Vuitton, Société Européenne (EPA:MC)

Market Capitalization as of March 2: $428.93 billion

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (EPA:MC), commonly known as LVMH, is a French multinational holding and conglomerate specializing in luxury clothing, headquartered in Paris. The largest luxury goods conglomerate and the most valuable clothing company in the world, it was formed in 1987 through the merger of Moët Hennessy, a company operating in wines and spirits industry, and Louis Vuitton, a company known for its luxury leather goods.

Parent to notable brand names, including Louis Vuitton, Bulgari, Fendi, Givenchy, Guerlain, Kenzo, Marc Jacobs, Tiffany & Co, among others, LVMH enjoyed ever-increasing global revenue over the past decade, reaching over $56.31 billion in 2019 and fully bouncing back from the impact of the coronavirus pandemic with a revenue increase of about 77%, ultimately amounting to $84.15 billion in 2022.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at the Value Investor Joel Greenblatt’s Dividend Stocks and the 12 Most Promising EV Stocks According to Analysts.

Page 5 of 5