LVMH is the world's largest luxury goods conglomerate, headquartered in Paris, France. The company owns over 75 prestigious brands across fashion (Louis Vuitton, Dior, Fendi), wines and spirits (Moët & Chandon, Hennessy, Dom Pérignon, Glenmorangie), cosmetics (Sephora), and watches/jewelry (Bulgari, TAG Heuer). Controlled by billionaire Bernard Arnault and his family, LVMH's wine and spirits division is particularly relevant to Australian consumers through its champagne and cognac brands widely sold in Australia.