LVMH is the largest luxury goods conglomerate in the world, with a portfolio of around 50 brands known the world over. LVMH (despite the ordering of the initials, the fashionable firm's full name is officially Mo??t Hennessy-Louis Vuitton) is active in all the essentials. The group produces wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing.