LVMH Moët Hennessy - Louis Vuitton, SE
LVMH Moët Hennessy Louis Vuitton SE, more simply known as LVMH, is a multinational luxury goods conglomerate. The global leader in the sector of luxury, LVMH controls a portfolio of more than 70 prestigious brands in wine and spirits, Château d’Yquem, Moët & Chandon, Veuve Cliquot, Krug, Hennessy, and Glenmorangie, as well as in fashion and jewelry with Louis Vuitton, Dior, Givenchy, Céline, Kenzo, Fendi, Guerlain, Marc Jacobs, Chaumet, Thomas Pink, Tiffany & Co., and Bulgari. It operates in distribution with Sephora and Le Bon Marché, and luxury hotels with Cheval Blanc Courchevel and Belmond hospitality group. Besides, LVMH is also involved in media through Les Échos, Le Parisien, and Radio Classique.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.