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.