LVMH Moët Hennessy Louis Vuitton SE is in talks to buy a building on Manhattan’s Fifth Avenue as the luxury conglomerate seeks to control the best retail sites globally. The owner of 75 brands ...

Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores By Hannah Getahun Mike Kemp/In Pictures via Getty Images Apr 27, 2024, 6:24 PM PT ...

The recent deals included the purchase of one site in central London and two on Paris’s avenue des Champs-Élysées. In 2022, LVMH bought 22 avenue Montaigne, where its headquarters are based.

Parent company LVMH recently spent an estimated $500 million to refurbish The Landmark after closing it down for renovations in 2019. LVMH acquired Tiffany & Co. in 2021 for $15.8 million.

AP LVMH’s holdings include an array of well-known global brands, including Tiffany & Co., Christian Dior, Fendi as well as its namesake Louis Vuitton.

LVMH acquired hospitality group Belmond in 2018 for $3.2 billion, and has been building out its Cheval Blanc and Bulgari hotel and resort brands.

Fifty-two members of Hermes’s founding family won a waiver last month to set up a new holding company without having to bid for the rest of the luxury-goods maker after LVMH, run by Bernard ...