Who Owns Chaumet?
Chaumet is owned by LVMH Moet Hennessy Louis Vuitton SE (Euronext: MC), the world's largest luxury goods conglomerate. LVMH acquired Chaumet in 1999. The brand operates as a wholly-owned division within LVMH's Watches and Jewelry segment, which generated EUR 5.2 billion in revenue in H1 2026. Chaumet is headquartered at 12 Place Vendome in Paris, France, and has nearly 30 boutiques worldwide. CEO Charles Leung has led the brand since January 2024.
Parent Company
LVMH Moët Hennessy Louis Vuitton SE
Acquired
1999
Status
Publicly Traded
Headquarters
Paris, Île-de-France, France
Who Owns Chaumet?
- Parent Company: LVMH Moët Hennessy Louis Vuitton SE
- Ownership Type: Wholly owned
- Acquisition Year: 1999
- Company Type: Publicly Traded
- Stock Ticker: Euronext Paris: MC
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Chaumet | LVMH Moët Hennessy Louis Vuitton SE | Wholly owned |
History of Chaumet
- Founded: 1780
- Founders: Étienne Nitot
- Acquired by LVMH Moët Hennessy Louis Vuitton SE: 1999
Chaumet was founded in 1780 by Étienne Nitot, a Parisian jeweler who established his workshop during the final years of the Ancien Regime. The timing placed Chaumet at the center of dramatic events in French history. The French Revolution of 1789 and the subsequent rise of Napoleon Bonaparte transformed the political and social environment in which luxury jewelry operated.
Nitot's most significant relationship was with Napoleon Bonaparte, who appointed him as official jeweler following his rise to power. Nitot created jewelry for Napoleon's coronation in 1804, including pieces for Empress Josephine and other members of the imperial court. This relationship established Chaumet's reputation as a jeweler of imperial prestige and gave the house access to the most significant commissions in Europe during the Napoleonic era. The bee, Napoleon's emblem, became a recurring motif in Chaumet's designs and remains central to the brand's identity today.
Nitot's son, François-Regnault Nitot, continued the business after his father's death and maintained the imperial connection. The house passed through several owners, including Jean-Baptiste Fossin and his son Jules Fossin, before being acquired by Joseph Chaumet in 1875. Chaumet gave the house its current name and moved it to 12 Place Vendome, the address associated with the brand ever since.
Place Vendome is one of the most prestigious addresses in luxury jewelry. The octagonal square in the 1st arrondissement of Paris is home to Cartier, Van Cleef and Arpels, Boucheron, and the Ritz Paris hotel. Chaumet's presence at 12 Place Vendome since the 19th century places it among the founding members of this luxury jewelry enclave.
Chaumet became renowned for its tiaras, which were among the most technically complex jewelry pieces of the 19th and early 20th centuries. The house created tiaras for European royal families and aristocracy, developing expertise that remains central to Chaumet's identity. The brand has crafted over 2,000 tiaras since its founding. In 1910, American sculptor Gertrude Vanderbilt Whitney purchased a platinum tiara from Chaumet's London boutique featuring blue translucent enamel wings and over 1,200 diamonds. Chaumet acquired the wings at auction in 2017 for its archives.
The house also developed expertise in naturalistic jewelry design, creating pieces inspired by wheat sheaves, laurel leaves, and botanical motifs. These naturalistic designs, combined with the imperial heritage and tiara expertise, established Chaumet's distinctive aesthetic identity within the French jewelry tradition. The brand's archives contain 66,000 gouache drawings documenting over two centuries of design history.
Through the 20th century, Chaumet continued to operate as a prestigious Parisian jewelry house. LVMH acquired the brand in 1999, providing financial resources and global distribution infrastructure to support expansion beyond its traditional French and European clientele.
Under LVMH ownership, Chaumet expanded its retail presence internationally. Charles Leung, who joined Chaumet in 2006 and led the brand's expansion into China, became CEO in January 2024. Leung is the first Asian CEO of an LVMH-owned brand. He previously ran fellow LVMH jewelry brand Fred for several years before returning to Chaumet.
In 2024, Chaumet designed the medals for the Paris Olympic Games, which CEO Charles Leung reported drove double-digit growth in the French market. The hexagonal medal design resonated with France's "Hexagone" nickname. The brand also participated in the Osaka World Expo, taking pride of place in the French Pavilion. Leung reported that the Japanese market "practically doubled" as a result.
In 2025, Chaumet unveiled its Jewels by Nature high jewelry collection and renamed its Bee My Love collection to Bee de Chaumet. The brand committed to 100% traceable gold starting with the Bee de Chaumet pendant, made entirely from responsibly sourced gold. In April 2026, Chaumet presented Journey Through Nature, a 46-piece high jewelry collection inspired by green tea, coffee, saffron, and vanilla. This was the first collection entirely created by Creative Studio Director Olga Corsini. The brand also opened its sixth Seoul boutique at Shinsegae The Main in April 2026 and its first standalone North American boutique in Vancouver in July 2026.
About LVMH Moët Hennessy Louis Vuitton SE
What does LVMH own?
LVMH owns more than 75 luxury brands across five business segments. In Fashion and Leather Goods, the group's most valuable brands include Louis Vuitton, Christian Dior, Celine, Fendi, and Loewe. The Wines and Spirits segment includes Hennessy, Moët and Chandon, Dom Pérignon, Veuve Clicquot, and Krug. Watches and Jewelry includes Tiffany and Co., Bulgari, TAG Heuer, and Hublot. Perfumes and Cosmetics includes Guerlain, Benefit Cosmetics, and Fenty Beauty. The Selective Retailing segment includes Sephora, the world's largest prestige beauty retailer.
Is LVMH publicly traded?
Yes, LVMH Moët Hennessy Louis Vuitton SE is listed on Euronext Paris under the ticker symbol MC and is a component of the CAC 40 and Euro Stoxx 50 indices. Despite being publicly traded, the Arnault family exercises effective control through approximately 48% of voting rights, held partly through the Christian Dior SE holding company. The remaining shares are held by institutional investors and public shareholders.
Who founded LVMH?
LVMH was formed in 1987 through the merger of Moët Hennessy and Louis Vuitton, with Bernard Arnault engineering the transaction and consolidating control as Chairman and CEO. The predecessor companies have much older founding dates: Louis Vuitton's atelier was founded in 1854, Moët and Chandon in 1743, and Hennessy in 1765. Arnault is widely credited as the architect of the modern LVMH conglomerate model.
Where is LVMH headquartered?
LVMH is headquartered in Paris, Ile-de-France, France. The group's registered office is located at 22 Avenue Montaigne in the 8th arrondissement of Paris, one of the world's most prestigious luxury retail addresses. Manufacturing for the group's fashion and leather goods brands is concentrated primarily in France and Italy, preserving the artisanal heritage that underpins luxury positioning.
How many brands does LVMH own?
LVMH owns more than 75 luxury brands across its five business segments. The group does not disclose an exact count because the definition of a distinct brand versus a product line varies; some sources cite figures between 75 and 80 distinct maisons. The brands span a wide range of luxury categories including fashion, leather goods, champagne, cognac, perfume, cosmetics, watches, fine jewelry, and beauty retail.
Who owns LVMH?
LVMH is a publicly traded company, but the Arnault family exercises effective control through approximately 48% of voting rights. Bernard Arnault and his family hold their stake partly directly and partly through their holding company Agache, which controls Christian Dior SE, which in turn holds a majority economic interest in LVMH. The remaining shares are held by institutional investors and public shareholders. Bernard Arnault serves as Chairman and CEO.
What was LVMH's revenue in 2025?
LVMH reported full-year 2025 revenue of €80.8 billion, down 5% on a reported basis and down 3% on an organic basis from €84.7 billion in 2024. Profit from recurring operations was €17.8 billion, equating to an operating margin of 22%. Group share of net profit was €10.9 billion. Operating free cash flow came to €11.3 billion, up 8% versus 2024. The revenue decline primarily reflected challenging conditions in Asia and currency headwinds; organic growth returned to 1% in the second half of 2025.
Is LVMH involved in any regulatory proceedings?
LVMH has faced general regulatory attention regarding selective distribution practices in Europe and trade policy risk related to Chinese potential tariffs on European cognac and brandy exports, which would materially affect Hennessy. The group disclosed the trade tariff risk in its 2025 investor communications. No major outstanding regulatory fines or court judgments against the group were reported as of March 2026.
- Founded: 1987
- Headquarters: Paris, Ile-de-France, France
- Company Type: Publicly Traded
- Stock: Euronext Paris: MC
- Revenue: €80.8 billion (FY2025)
- Employees: Approximately 211,000
Where Is Chaumet Made / Based?
- Headquarters: Paris, Île-de-France, France
- Manufacturing / Operations: France
Chaumet Sustainability & Ethics
Chaumet is a member of the Responsible Jewellery Council (RJC) and was re-certified in May 2026 for the period through May 2029. The brand complies with the Kimberley Process for conflict-free diamonds. In 2025, Chaumet joined the Swiss Better Gold Association (SBGA), which supports artisanal and small-scale mining communities in adopting sustainable practices.
Chaumet committed to 100% traceable gold starting in 2025, beginning with the Bee de Chaumet pendant. Every component of the pendant, including the chain, clasp, and rings, is made from gold that is 100% traceable from mine to finished piece. The brand plans to progressively roll out this traceability principle across all jewelry and high jewelry collections. However, full implementation across all collections has not yet been completed as of July 2026.
The brand participates in LVMH's LIFE 360 environmental program, which targets carbon neutrality, biodiversity protection, and sustainable resource management. Chaumet has developed eco-designed display solutions using 95% cardboard to reduce carbon impact. The brand is also a partner of Reforest'Action and works to minimize greenhouse gas emissions and packaging impact.
Chaumet sponsors the class of 2028 at the Haute École de Joaillerie in Paris, supporting the transmission of traditional jewelry-making skills. The brand regularly welcomes design schools from France and Italy to its studio. In 2026, the Journey Through Nature collection revived grand feu enamel techniques, with Chaumet calling on a Meilleur Ouvrier de France winner to oversee the application.
Chaumet does not have B Corp certification. The brand does not publish standalone environmental impact reports; its sustainability data is consolidated within LVMH's group-level reporting.
Awards & Recognition
Chaumet's most significant recognition stems from its historical and cultural contributions rather than industry awards in the conventional sense.
The brand designed the medals for the 2024 Paris Olympic Games, a commission that placed Chaumet's craftsmanship at the center of a global broadcast event. CEO Charles Leung reported that the hexagonal medal design drove double-digit growth in the French market by reinforcing the brand's connection to French national identity.
Chaumet's high jewelry collections have received coverage in major luxury and financial publications including the Financial Times, Vogue, and Rapaport. The FT covered the brand's Envol enamel collection in detail, noting the technical achievement of reviving plique-a-jour enamel techniques not used at scale since the early 20th century.
Within LVMH, the Watches and Jewelry segment's H1 2026 report specifically named Chaumet as continuing to develop its collections, alongside Tiffany and Bulgari. This is notable given that LVMH's segment reports typically highlight only the strongest-performing brands.
The brand's archives, containing 66,000 gouache drawings, have been recognized as culturally significant artifacts. Chaumet's archive team has collaborated with museums and cultural institutions on exhibitions documenting the evolution of French jewelry design. The brand's Place Vendome headquarters has been designated as part of the historic jewelry enclave of Paris.
Chaumet Recalls & Controversies
Chaumet has no documented product recalls, regulatory actions, or significant public controversies as of July 2026. The brand operates with discretion typical of ultra-luxury jewelry houses and has maintained a clean public record.
The broader luxury jewelry industry faces ongoing scrutiny regarding ethical sourcing of precious metals and gemstones. Chaumet has addressed this proactively through RJC membership, Kimberley Process compliance, SBGA membership, and its 100% traceable gold initiative. No specific allegations or regulatory actions have been directed at the brand.
The 1999 acquisition by LVMH raised questions among some traditional jewelry enthusiasts about whether Chaumet's identity would be preserved within a large conglomerate. After 27 years under LVMH ownership, the brand has maintained its Place Vendome ateliers and its focus on haute joaillerie. No formal complaints or legal challenges related to the acquisition have been recorded.
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Chaumet Ownership: Pros & Cons
Advantages
- +246 years of documented history as a Parisian jewelry house, including the imperial connection to Napoleon, provides heritage credentials that no competitor can replicate
- +12 Place Vendome address is one of the most prestigious locations in luxury jewelry
- +LVMH's global retail infrastructure and financial resources support boutique expansion in Asia, the Middle East, and North America
- +LVMH's Watches and Jewelry segment is the fastest-growing division at the group, with 11% organic growth in Q2 2026
- +CEO Charles Leung's deep experience in Asian markets has driven expansion into China, South Korea, and Southeast Asia
Considerations
- -Ultra-premium pricing and selective distribution limit the addressable consumer base to the highest tier of luxury buyers
- -Competition from Cartier and Van Cleef and Arpels (both Richemont), which have significantly larger global retail networks and marketing budgets
- -Chaumet's smaller scale compared to Tiffany and Bulgari within LVMH means it competes for marketing investment within the group's Watches and Jewelry segment
- -The US market remains underdeveloped, with CEO Charles Leung calling it "the last piece of the puzzle"
- -Dependence on LVMH's strategic priorities means Chaumet's investment levels are determined at the group level
Frequently Asked Questions About Chaumet
Sources & Further Reading
- Chaumet Official Website
- LVMH H1 2026 Results
- LVMH 2025 Annual Results
- LVMH: Chaumet Commits to 100% Traceable Gold
- Responsible Jewellery Council: Chaumet
- Rapaport: The CEO Leading Chaumet Into a Verdant Future
- Financial Times: Chaumet Revives Enamel to Rework a Historic Motif
- Tatler Asia: Charles Leung Profile
- Wikidata: Chaumet
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Chaumet
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Berkshire Hathaway | USA | 1870 | Luxury | United states | All Genders | |
| Richemont | France | 1847 | Premium | Global | All Genders | |
| Lvmh | Italy | 1884 | Luxury | Global | All Genders | |
| Lvmh | France | 1593 | Luxury | Global | All-ages | |
| Lvmh | France | 1936 | Luxury | Global | Unisex | |
| Lvmh | France | 1828 | Luxury | Global | Unisex |
Learn More About Competitors

Borsheims Fine Jewelry
Owned by Berkshire Hathaway
American luxury jewelry retailer headquartered in Omaha, Nebraska, founded in 1870. Owned by Berkshire Hathaway (NYSE: BRK.A, BRK.B) since 1989. One of the largest independent jewelry stores in the United States.

Cartier
Owned by Compagnie Financiere Richemont S.A.
French luxury jewelry and watch maison founded in 1847, owned by Richemont. Cartier is the largest brand within Richemont's Jewellery Maisons division, which reported €16.5 billion in combined sales for fiscal year 2026.

Bulgari
Owned by LVMH Moët Hennessy Louis Vuitton SE
Italian luxury jewelry and watch brand founded in 1884 in Rome. Owned by LVMH since 2011. Had a record year in 2025 with record jewelry and watch sales. CEO Laura Burdese succeeded Jean-Christophe Babin on July 1, 2026.

Château d'Yquem
Owned by LVMH Moët Hennessy Louis Vuitton SE
French wine estate in Sauternes, Bordeaux, producing Premier Cru Supérieur sweet wines, owned by LVMH since 1999.

Fred
Owned by LVMH Moët Hennessy Louis Vuitton SE
French luxury jewelry brand known for contemporary elegance and classic savoir-faire, owned by LVMH.

Guerlain
Owned by LVMH Moët Hennessy Louis Vuitton SE
French luxury perfume and cosmetics brand renowned for iconic fragrances since 1828, owned by LVMH.
Competitive Analysis
Market Positioning: Chaumet competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
LVMH Moët Hennessy Louis Vuitton SE Stock Information
Jobs at LVMH Moët Hennessy Louis Vuitton SE
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