Company Spotlight: LVMH
Just like Beverly Loan Company stands out as the paramount luxury collateral lender, LVMH stands out as the most successful luxury retail conglomerate in the world. Louis Vuitton Moët Hennessey, or LVMH, is a luxury goods corporation that has about 60 sub companies; all of which are high-end retail brands. It was created due to a merger between Louis Vuitton and Moët-Hennessy in 1987 and has since grown into an empire.
Their subsidiaries include popular brands in the specialty wine and spirits’ industry like Dom Pérignon, Belvedere, Chateau d’Yquem, Krug, Hennessy and Moët & Chandon. Fashion companies include Givenchy, Marc Jacobs, Dior, Cèline, Fendi and Louis Vuitton. They also own perfume and cosmetic brands like Guerlain, BeneFit Cosmetics, Kenzo Parfums, NUDE, and even the popular retailer Sephora.
In terms of watches and jewelry, the most common types of collateral that walks through Beverly Loan Company’s doors, they own Bulgari, Chaumet, De Beers, Hublot, TAG Heuer, Zenith and FRED. This means that a Hublot Big Bang watch, a Bulgari Sperpenti bracelet, a De Beers Forevermark engagement ring, or a Tag Heuer Carrera are all LVMH products.
In 1987 Louis Vuitton and Moet-Hennessy merged in a $4 billion dollar deal that saved the Moet-Hennessey from takeover and allowed Louis Vuitton to expand its business. LVMH is now controlled by Mr. George Arnault, chief executive and chairman, who has transformed many of the successful brands into what they are today.
Beverly Loan Company, a family owned business that has been operating since 1938, makes pawn loans against a majority of these brands. Hublot has a strong collection of watches, including the Big Bang, the Classic Fusion and King Power. Tag Heuer is another strong brand with a large array of watches, including the Carrera, Formula 1 and Aquaracer. Bulgari is an Italian luxury brand best known for their watches and jewelry lines, including Allegra, Serpenti, Parentesi and B.Zero1.
De Beers Diamond Jewellers, or DBDJ, may be the most recognizable jewelry name on LVMH’s impressive list of subsidiaries. De Beers is known for creating the diamond industry as we know it. De Beers creates impressive luxury jewelry and diamonds, including their own cut and brand – The Forevermark. Their impeccable craftsmanship and stunning collection of diamonds ensures that a piece with the De Beers name on it will translate into a loan or purchase from Beverly Loan Company.
LVMH has many similarities to Beverly Loan Company, both are not only respected leaders in a very niche industry, but both are also expanding and continue to carry on the tradition set forth by their successful predecessors.
If you are interested in a pawn loan against LVMH products please contact Beverly Loan Company at 310-275-2555 of email@example.com.
This entry was posted on Wednesday, April 29th, 2015 at 7:51 pm
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