Celine is owned by LVMH (France, EPA: MC), which acquired the brand on 1 July 1996.[1][2] Celine was founded in 1945 in Paris and was independent until 1996.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Celine began in 1945 as a made-to-measure childrens shoe shop in Paris and became a womenswear house in the 1960s. LVMH acquired it in 1996, and successive creative directors have redefined it so completely that its identity is closely tied to whoever is designing.
LVMH is a publicly listed company headquartered in Paris, France, founded in 1987. Brandtree records 20 brands under its control, and it is listed as EPA: MC.
LVMH was formed in 1987 by the merger of Louis Vuitton with Moët Hennessy and is the largest luxury group in the world. It is controlled by the Arnault family through the holding company Christian Dior SE.
Brandtree records a controlling owner for 322 brands that began in France.
100 of them (31%) are now controlled by a company headquartered in another country; Celine is not one of them.
LVMH acquired Celine, which had begun in 1945 as a made-to-measure children's shoe shop in Paris before becoming a womenswear house. Successive creative directors have redefined it so completely that its identity is closely tied to whoever is designing. The price was not disclosed.
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