LVMH, founded in 1987 and headquartered in Paris, France, is the world's leading luxury goods group. With a decentralized decision-making structure, LVMH operates in various sectors including fashion and leather goods, perfumes and cosmetics, watches and jewelry, wines and spirits, and selective retailing. The company's brand management strategies focus on brand acquisition, development, synergy, and collaboration, with iconic brands such as Louis Vuitton, Christian Dior, Moët & Chandon, and Sephora under its umbrella.