Which luxury group owns which fashion house in 2026, from LVMH and Kering to the families that still go it alone.
By Shreya S · Last reviewed 31 October 2026
On this page: The groups · The independents · Recent deals · The Ayerhs view
The groups
What are the biggest luxury groups and which fashion houses do they own?
| Group | Led by | Main fashion houses |
|---|---|---|
| LVMH (France) | Bernard Arnault | Louis Vuitton, Dior, Celine, Loewe, Fendi, Givenchy, Loro Piana, Kenzo, Berluti, Pucci, Patou |
| Kering (France) | CEO Luca de Meo | Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni; 30% of Valentino |
| Richemont (Switzerland) | Johann Rupert | Cartier, Van Cleef & Arpels, Chloé, Alaïa, Dunhill |
| Prada Group (Italy) | Miuccia Prada and Patrizio Bertelli | Prada, Miu Miu, Versace, Church’s |
| Puig (Spain) | Puig family | Jean Paul Gaultier, Dries Van Noten, Rabanne, Carolina Herrera |
| OTB (Italy) | Renzo Rosso | Maison Margiela, Diesel, Marni, Jil Sander, Viktor & Rolf |
| Zegna Group (Italy) | Zegna family | Zegna, Thom Browne, Tom Ford fashion (under licence) |
| Capri Holdings (US) | John Idol | Michael Kors, Jimmy Choo |
| Mayhoola (Qatar) | Qatari investors | 70% of Valentino; Balmain |
| Aeffe (Italy) | Ferretti family | Moschino, Alberta Ferretti |
Read on Ayerhs: The Rise of Fashion Conglomerates
Why do luxury groups own so many brands?
Scale. A group can share real estate, advertising buying power, factories, distribution and talent across its houses, and move designers between them. A strong brand can carry a weaker one through a bad cycle. The model was built by Bernard Arnault at LVMH from 1989 and copied by Kering and Richemont.
The independents
Which major luxury houses are still independent?
- Chanel: privately owned by the Wertheimer family
- Hermès: listed, but controlled by the Hermès family
- Armani: controlled by Giorgio Armani’s foundation and heirs, with a 15% stake due to be sold under his will
- Ralph Lauren: listed, with the Lauren family holding voting control
- Stella McCartney: owned by its founder since she bought back LVMH’s stake in 2025
- Schiaparelli: owned by Diego Della Valle
- Rick Owens, Jacquemus, Elie Saab: founder-led labels
Recent deals
What were the big luxury deals of 2025 and 2026?
- Versace to Prada Group: Capri Holdings sold Versace to Prada; the deal closed in December 2025.
- Kering Beauté to L’Oréal: Kering sold its beauty division to L’Oréal for about €4 billion; it completed in March 2026.
- Marc Jacobs: LVMH sold the brand to a joint venture of WHP Global and G-III Apparel for $925 million in 2026, after almost 30 years. Marc Jacobs stays as creative director.
- Valentino: Kering and Mayhoola pushed back Kering’s option to buy the remaining 70% to 2029.
- Stella McCartney: the designer bought back LVMH’s minority stake in January 2025.
Read on Ayerhs: Versace · Marc Jacobs · Valentino
The Ayerhs view
Are conglomerates good for fashion?
They keep heritage houses alive and fund expensive crafts such as couture, but they also push designers towards short-term sales and constant change. The independents, from Chanel to Rick Owens, show that patience is still a competitive advantage.
Read on Ayerhs: Is Luxury Fashion Becoming Too Commercial? · What It Means to Build a Legacy Brand in a Short-Term World
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