Nov 5, 2018

Alain Chevalier, Co-founder of LVMH, Dies at 87

Alain Chevalier, one of the founders of the transnational group LVMH (Louis Vuitton and Moet Hennessy) in the world that is also called the Empire of luxury has died on 88-m to year of life.

 It happened a few days ago, however, relatives found it necessary to tell the public about it just now. The news of the death of Chevalier published on the pages of the newspaper Le Figaro, reports our site.

"Alain Chevalier died at his home in Megeve (Haute-Savoie) at the age of 87 years", – reports the edition, stating that a farewell ceremony will be held with him on 7 November. "He used his intelligence to help policy and industry, was determined to ensure that France took first place for the sale of "luxury goods," said Emmanuel macron, France's President, expressing their condolences.

Chevalier, with Henri Raymie founded the above-mentioned multinational group in 1987. Thus, together the United brands such as Moet Hennessy and Louis Vuitton. After a few years the enterprise received the status of "luxury Empire". As of today, the Empire included more than 70 different types of products and brands.