Rimowa is a well-known and prestigious luggage brand that has gained popularity for its high-quality suitcases and iconic design. Understanding the ownership of a brand can provide insights into its history, values, and potential future developments. In this article, we will explore the ownership of the Rimowa brand and shed light on the company behind this renowned luggage brand.
Since October 2016, Rimowa has been owned by the LVMH Group, also known as Moët Hennessy Louis Vuitton. LVMH is a French multinational luxury goods conglomerate that specializes in various sectors including fashion, cosmetics, jewelry, watches, and spirits. It is considered the world’s largest luxury goods company and owns numerous prestigious brands.
Rimowa was acquired by LVMH in a majority stake deal, with the exact terms of the acquisition remaining undisclosed. The acquisition marked a significant strategic move for LVMH to strengthen its presence in the luxury luggage market.
Following the acquisition, Alexandre Arnault, son of LVMH CEO Bernard Arnault, was appointed as the CEO of Rimowa. Alexandre Arnault has played a key role in the development and growth of the brand, bringing a fresh perspective and innovative ideas to the company.
As part of the LVMH Group, Rimowa has benefited from the synergies and resources available within the conglomerate. LVMH’s extensive network, distribution channels, and expertise in the luxury goods industry have supported Rimowa’s global expansion and brand development.
Despite the change in ownership, Rimowa has maintained its commitment to its heritage and identity. The brand’s iconic grooved design, craftsmanship, and attention to detail remain central to its product offerings. Rimowa continues to produce its suitcases in its own factories, ensuring the preservation of its manufacturing standards.
Under LVMH’s ownership, Rimowa has continued to collaborate with renowned designers and brands to create limited-edition collections and innovative products. Collaborations with high-profile names such as Supreme and Fendi have further elevated the brand’s status and appeal.
Rimowa is currently owned by the LVMH Group, a global luxury goods conglomerate. The acquisition by LVMH has provided Rimowa with the resources, expertise, and opportunities for growth and development. The collaboration with Alexandre Arnault as the CEO of Rimowa has brought fresh perspectives and contributed to the brand’s continued success. Despite the change in ownership, Rimowa has remained committed to its heritage and identity, ensuring that its iconic design and craftsmanship are preserved. As part of the LVMH Group, Rimowa continues to thrive as a leading luxury luggage brand, combining tradition with innovation to meet the evolving needs of travelers around the world.
