Private equity firm
In 2016 LVMH merged its private equity arm with American private equity company Catterton to create L Catterton.
L Catterton Management Ltd
USA
LVMH Moet Hennessy Louis Vuitton SA
owns 40% of L Catterton Management Ltd
FRA
Luxury goods
World's largest luxury goods company. Wines and spirits, perfumes, cosmetics, fashion and leather goods, watches and jewellery, plus a retail division. Chairman Bernard Arnault and his family, through Groupe Arnault, own about 47% of LVMH.
Company Assessment
(Last updated Jan 2020)
Praise
Criticism
Information
L Catterton Management Ltd
Praise
Criticism
Information
Part owned by LVMH, which has criticisms
This company is 40% owned by LVMH, which has several criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical
(2020)
UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI
(2020)
Company Details
Type:
Private company
Subsidiaries:
L Catterton Asia
Private equity firm
Part owned by luxury goods giant LVMH. Owns majority stakes in three Australian clothing companies, 2XU, Seafolly and RM Williams.
Birkenstock Holding plc
(52% owned)
Footwear
Germany's largest footwear manufacturer was established in 1774 and was a sixth-generation family company. In 2021 private equity firm L Catterton and Financiere Agache, the family investment firm of Bernard Arnault - chairman and CEO of luxury conglomerate LVMH - acquired a majority stake. Birkenstocks are manufactured exclusively in Germany. While most of their sandals are made with leather, they do have vegan options. Became a public company in 2023.
Birkenstock Australia Pty Ltd
Footwear importer and distributor
Australian Birkenstock distributor founded by Marcel and Manuela Goerke in the early 1990s and acquired by Birkenstock Holding in 2025. Footwear is made in Germany.