Who Owns Dior Now? The Surprising Answer

LVMH now owns Christian Dior. In April 2017, LVMH announced it would acquire Christian Dior’s haute couture, leather goods, men’s and women’s ready-to-wear, and footwear lines. This move consolidated the entire Dior brand within the LVMH luxury group.

This acquisition was a significant milestone for both companies. For LVMH, it meant gaining control of one of the world’s most iconic fashion houses. Dior, on the other hand, gained access to LVMH’s vast resources and global reach.

The acquisition of Dior was part of a broader strategy by LVMH to expand its portfolio of luxury brands. LVMH is a conglomerate that owns a diverse range of luxury brands, including Louis Vuitton, Givenchy, and Fendi. By acquiring Dior, LVMH was able to further solidify its position as a leader in the luxury goods market.

The acquisition of Dior was also a strategic move for the company. Dior is a highly respected brand with a loyal customer base. By acquiring Dior, LVMH was able to tap into a new market segment and expand its reach to a wider audience. The acquisition also helped LVMH to diversify its product offerings and reduce its reliance on any single brand.

In conclusion, LVMH’s acquisition of Dior was a significant event that had a major impact on the luxury goods market. The move strengthened LVMH’s position as a leader in the industry and gave Dior access to valuable resources and a wider audience.