- published: 02 Apr 2015
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LVMH Moët Hennessy • Louis Vuitton S.A., better known as LVMH, is a French multinational apparels and accessories company headquartered in Paris, France. The company was formed after the 1987 merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy, the cognac manufacturer. It controls around 60 subsidiaries that each manage a small number of prestigious brands. The subsidiaries are often managed independently.
Christian Dior, the luxury goods group, is the main holding company of LVMH, owning 42.36% of its shares, and 59.01% of its voting rights.Bernard Arnault, majority shareholder of Dior, is Chairman of both companies and CEO of LVMH. Arnault's successful integration of various famous aspirational brands into the group has inspired other luxury companies into doing the same. Thus Gucci (now part of the French conglomerate PPR) and Richemont have also created extended portfolios of luxury brands. The oldest of the LVMH brands is wine producer Château d'Yquem, which dates its origins back to 1593.
Karlie Elizabeth Kloss (born August 3, 1992) is an American model and ballet dancer.
Kloss is ranked 3rd on the Top 50 Models Women List by models.com. Vogue Paris declared her one of the top 30 models of the 2000s.
Kloss was born in Chicago, Illinois, and her family moved to suburban St. Louis, Missouri in 1995. Kloss has called her classical ballet training "a beautiful thing" that taught her how to move in the modeling world and was a great training ground for her runway walk.
When Kloss was 13, she was discovered at a charity fashion show in St. Louis. She was encouraged and inspired to model by one of her teachers in Webster Groves High School. In 2007, she signed with Elite Model Management.
One of her first modelling stints was for Abercrombie when she posed for the brand's photography shot by Bruce Weber. In January 2008 she left Elite and signed with NEXT Model Management. She ended up walking 31 runways in New York Fashion Week notably, closing for Marc Jacobs, opening Carolina Herrera, and occupying both spots at Doo.Ri. After New York she went on to walk 20 shows in Milan, and 13 in Paris for the fall 2008 collections, with a total of 64 shows in a single season. Kloss found herself in the middle of a legal dispute when her former agency Elite was suing NEXT for allegedly stealing away its young star by offering her "improper compensation" to sign. Elite felt they were responsible for launching her career and booking much work for her. The case was eventually settled out of court.