
Loewe is owned by LVMH Moet Hennessy Louis Vuitton SE (Euronext: MC), the world's largest luxury goods conglomerate. LVMH acquired Loewe in 1996. The brand operates within LVMH's Fashion and Leather Goods segment. Jonathan Anderson departed as creative director in March 2025 after 11 years, with Jack McCollough and Lazaro Hernandez of Proenza Schouler appointed as his replacements effective April 7, 2025. Loewe's revenue grew from 230 million euros in 2014 to 1.07 billion euros in 2024 under Anderson.
Parent Company
Acquired
1996
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Loewe | LVMH Moët Hennessy Louis Vuitton SE | Wholly owned |
Loewe was founded in 1846 when a group of Spanish leather craftsmen established a workshop in Madrid. The business was subsequently acquired and developed by Enrique Loewe Knappe, a German craftsman who had moved to Spain, and the Loewe family name became associated with the brand. The workshop produced high-quality leather goods including bags, wallets, and accessories, developing a reputation for exceptional craftsmanship among Madrid's affluent clientele.
The brand received a royal warrant from the Spanish royal family, reinforcing its position as the preeminent Spanish luxury leather goods house. Through the late 19th and early 20th centuries, Loewe expanded its product range and distribution, opening stores in other Spanish cities and developing an international clientele.
In the mid-20th century, Loewe expanded internationally, opening boutiques in major cities outside Spain. The brand developed a ready-to-wear fashion line, expanding beyond leather goods into clothing and accessories. Loewe became associated with Spanish cultural identity and craftsmanship, positioning itself as the Spanish equivalent of the great French and Italian luxury leather goods houses.
LVMH acquired Loewe in 1996, providing the brand with financial resources and global distribution infrastructure. Under LVMH ownership, Loewe appointed a series of creative directors including Narciso Rodriguez in the late 1990s and Stuart Vevers before Jonathan Anderson's appointment in 2013.
Jonathan Anderson's appointment as creative director in September 2013 marked a transformative period for Loewe. Anderson, a Northern Irish designer who founded his own label JW Anderson in 2008, brought a craft-focused approach that generated significant critical attention. Under Anderson's direction, Loewe developed the Puzzle bag in 2015, a geometric leather bag that became one of the most recognized luxury handbag designs of the 2010s. He launched the Loewe Foundation Craft Prize in 2016, an annual award recognizing exceptional craft work from around the world.
Anderson's tenure transformed Loewe from a relatively low-profile heritage house into one of the most critically acclaimed luxury fashion brands globally. According to Morgan Stanley estimates, Loewe's sales grew from 230 million euros in 2014 to 1.07 billion euros in 2024. The design studio was moved from Madrid to Paris under Anderson's direction, while the JW Anderson brand remained based in London.
On March 17, 2025, LVMH announced that Jonathan Anderson was leaving Loewe after 11 years in the role. Anderson subsequently joined Christian Dior as creative director for Haute Couture, Men's and Women's collections. Sidney Toledano, adviser to LVMH chairman Bernard Arnault, said Anderson "has built a rich and eclectic world with strong foundations in craft which will enable the House to thrive long after his departure."
On March 24, 2025, LVMH announced that Jack McCollough and Lazaro Hernandez, co-founders of New York fashion label Proenza Schouler, were appointed as Loewe's new creative directors effective April 7, 2025. The two designers have full creative responsibility for all Loewe collections across womenswear, menswear, leather goods, and accessories. McCollough and Hernandez founded Proenza Schouler two decades ago after meeting at the Parsons School of Design.
LVMH's H1 2026 results noted that McCollough and Hernandez at Loewe were "continuing the creative renewal of collections" alongside other new creative directors across LVMH brands. Their first fashion shows received an excellent response, according to LVMH's full-year 2025 earnings report.
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.
Loewe operates under LVMH's LIFE 360 environmental program, which sets targets for 2023, 2026, and 2030 across four pillars: creative circularity, biodiversity, climate, and traceability. LVMH was ranked sixth in Sustainability Magazine's Top 250 World's Most Sustainable Companies 2025.
Climate Action: Loewe has introduced LED lighting, smart energy monitoring systems, and high-efficiency air conditioning across global locations. As of 2024, 19 of Loewe's sites are LEED-certified. LVMH targets reducing Scope 1 and 2 carbon emissions and matching 40% of electricity with renewable sources by 2030.
Leather Sourcing: Loewe has been a member of the Leather Working Group since 2013. As of 2024, 99% of Loewe's leather comes from certified tanneries. All suppliers must adhere to the LVMH Supplier Code of Conduct, which promotes fair, socially responsible, and environmentally sustainable practices.
Circular Economy Initiatives: In 2021, Loewe launched the Surplus Project, transforming leftover leather from past collections into bags including the Flamenco Surplus and Woven Basket. In 2023, Loewe opened its first ReCraft stores in Japan, where leather artisans repair and maintain Loewe items, extending product lifecycles.
Packaging: Loewe's shopping bags and boxes are made from FSC-certified paper. Some boxes are designed to be fully collapsible to reduce transportation emissions. The brand uses certified recycled cotton for dust bags.
Craft Community Support: The Loewe Foundation supports artisans worldwide through the annual Loewe Foundation Craft Prize, celebrating excellence in modern craft since 2016. The brand actively supports educational programs fostering skills for the next generation of artisans.
Supply Chain Ethics: Loewe maintains an external grievance mechanism for workers in its supply chain to report concerns anonymously. The LVMH Supplier Code of Conduct covers ILO Four Fundamental Freedoms principles. Independent assessments indicate areas for improvement in living wages and financial security for suppliers.
Animal Welfare: Loewe uses leather, shearling, wool, cashmere, alpaca, mohair, down, crocodile skin, snakeskin, and exotic feathers. The brand has a formal animal welfare policy, though independent assessments note it is not aligned with the Five Domains of Animal Welfare framework.
The sustainabilityFlags frontmatter field is empty because no independently verified sustainability certifications specific to Loewe have been identified. LVMH's sustainability efforts are self-reported through corporate reports and ESG frameworks.
Jonathan Anderson's Designer of the Year Awards: Anderson won the Designer of the Year award at the Fashion Awards in London for three consecutive years in 2023, 2024, and 2025. This unprecedented achievement underscored his transformative impact on Loewe and the broader fashion industry. Anderson departed Loewe in March 2025 to join Christian Dior.
Loewe Foundation Craft Prize: Established in 2016, the Craft Prize has become one of the most prestigious awards in the craft world. It recognizes exceptional artistry and innovation in modern craft, bringing international attention to vanishing crafts and supporting artisans worldwide.
Puzzle Bag Recognition: The Puzzle bag, created by Jonathan Anderson in 2015, has achieved recognition as one of the most innovative luxury handbag designs of the past decade. Its geometric construction and versatile functionality have received design awards and widespread critical acclaim.
LVMH Group Sustainability Recognition: LVMH was ranked sixth in Sustainability Magazine's Top 250 World's Most Sustainable Companies 2025, reflecting positively on Loewe's environmental initiatives and corporate responsibility practices.
New Creative Directors' Reception: The first fashion shows by Jack McCollough and Lazaro Hernandez at Loewe received an excellent response, according to LVMH's full-year 2025 earnings report. The H1 2026 results noted their continued creative renewal of collections.
Creative Director Transition Risk: Loewe's commercial success and critical acclaim under Jonathan Anderson created dependency on a single creative director. Anderson's departure in March 2025 to join Christian Dior represents a significant transition risk. The appointment of Jack McCollough and Lazaro Hernandez of Proenza Schouler as replacements brings new creative leadership, but the brand's ability to maintain its cultural relevance and commercial momentum under new direction remains to be seen.
Luxury Market Downturn: Loewe operates in the highly competitive ultra-luxury fashion segment, which has faced significant headwinds. LVMH's Fashion and Leather Goods segment saw revenue decline 8% in 2025. While the division returned to organic growth in Q2 2026, the broader luxury market remains sensitive to economic fluctuations and changing consumer preferences, particularly in China.
Supply Chain Labor Concerns: Independent assessments indicate that Loewe does not provide financial security to its suppliers, which can result in poor working conditions and wages. The brand claims to have a program to improve wages but does not ensure living wages for most workers in its supply chain, according to sustainability rating organizations.
Animal Welfare Policy Limitations: Loewe uses various animal-derived materials including leather, shearling, wool, cashmere, alpaca, mohair, down, crocodile skin, snakeskin, and exotic feathers. The brand's animal welfare policy is not aligned with the Five Domains of Animal Welfare framework, leading to criticism from animal welfare organizations.
Environmental Performance Ratings: Independent environmental assessments rate Loewe's overall performance as "Not Good Enough." The brand uses few lower-impact materials and does not publish an aggregate breakdown of materials used. While it produces long-lasting products and uses FSC-certified packaging, there is room for improvement in material transparency and environmental impact reduction.
Competition Within LVMH: Loewe competes for resources and strategic priority within LVMH's portfolio alongside Louis Vuitton, Christian Dior, Celine, Fendi, and other brands. The group's investment levels are determined at the corporate level, and Loewe must compete with larger brands for attention and resources.
Spanish Identity Within French Portfolio: Operating within LVMH's predominantly French luxury portfolio requires careful management to maintain Loewe's Spanish identity and cultural authenticity. The design studio's move from Madrid to Paris in 2013 under Anderson raised questions about the brand's Spanish heritage, though leather goods production remains in Spain.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Lvmh | France | 1970 | Premium | Global | Unisex | |
| Lvmh | France | 1854 | Premium | Global | All Genders | |
| Kering | France | 1919 | Luxury | Global | Unisex | |
| Pvh Corp | USA | 1968 | Premium | Global | All Genders | |
| Lvmh | France | 1895 | Luxury | Global | Mens | |
| Lvmh | Italy | 1884 | Luxury | Global | All Genders |
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