Do we like them?

Do we like LVMH?

World's biggest luxury group (Louis Vuitton, Dior, Moët & Chandon, Sephora, Tiffany); based in Paris, France.

Our score: 4 out of 10. A hugely successful luxury house with real environmental effort, but repeated supply-chain labour failures and fines mean we'd hold back before backing it with our money.

LVMH is the world's biggest luxury group, with more than 75 brands including Givenchy, Loewe, Moët & Chandon, Tag Heuer and Sephora. Bernard Arnault became head and majority shareholder in 1989. In 2025, shareholders voted by over 99% to let him stay chairman and CEO until 85, according to WWD.

Arnault's family raised its stake to 50.01% in early 2026, and its voting rights stand at 65.94%, according to Bloomberg via TheIndustry.fashion. So this is a family-controlled firm, and investors have reportedly worried about who comes next.

The big drama is labour. In June 2024 a Milan court put Manufactures Dior under judicial administration for a year. Reuters reported the court said it failed to check suppliers' working conditions, and one bag cost Dior €53 and sold for €2,600. Dior wasn't criminally charged. Italy's competition authority later closed its probe with a €2m pledge.

There's old and new regulatory trouble too. France's market watchdog fined LVMH €8m in 2013 over how it disclosed its Hermès stake-building. A 2021 deal saw LVMH pay €10m to avoid prosecution in the Squarcini case. In 2026 South Korea fined three LVMH brands about $25m after a data breach.

On the green side, LVMH's LIFE 360 plan covers climate and biodiversity targets. By 2025, 59% of staff had done environmental training and 4,630 supplier audits had been carried out, per LVMH. Most emissions sit in the supply chain, where cuts are hard. We score it 4: strong brands and green effort, but the labour and fine record weighs on it.