Who Is Rimowa Owned By? [Updated On 2024]

If you’re like me, you love luxury brands but hate spending a fortune on them. Louis Vuitton is one of those brands that is so out of reach for most people, but Rimowa is a company that is owned by Louis Vuitton and is much more affordable. In this article, I’m going to tell you all about the history of Rimowa and how it came to be owned by Louis Vuitton.

So, who is rimowa owned by?

Rimowa is a German suitcase company that was founded in 1898 by Paul Morszeck. The company is currently owned by LVMH (Louis Vuitton Moet Hennessy), a French luxury goods conglomerate. LVMH first acquired a minority stake in Rimowa in 2016, and then acquired the remaining 20% stake in 2018.

Let’s dig into it and see where it takes us.

Table of Contents

KEY TAKEAWAY:

Rimowa was founded in 1898 in Cologne, Germany, and quickly became known for its high-quality, innovative luggage. In 2016, French luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE agreed to purchase an 80% stake in the company from its then-owner, Dieter Morszeck. LVMH has since been responsible for Rimowa’s management and growth, with Alexandre Arnault (son of LVMH Chairman and CEO Bernard Arnault) at the helm.
This means that LVMH is committed to Rimowa and its long-term success, and that with Alexandre Arnault as its new CEO, the brand is poised to continue innovating and evolving to meet the needs of modern travelers.
LVMH’s ownership of Rimowa is fairly positive. The company has a long history and is well-respected in the luggage industry. Additionally, its products are of excellent quality. With a strong history and reputation, Rimowa is a valuable addition to the LVMH portfolio.
The recent acquisition of Rimowa by LVMH is a big deal for the luxury luggage market. LVMH is known for its focus on quality and craftsmanship, and this acquisition signals that the company is serious about making a play in the luxury luggage market. Rimowa has a long history of producing high-quality products, and this acquisition will no doubt help to raise the profile of the brand even further. What does this mean for the luxury luggage market? The acquisition of Rimowa by LVMH is a positive development for the luxury luggage market. Rimowa is a well-respected brand with a long history of producing high-quality products. This acquisition will help to raise the profile of the brand and could make Rimowa a major player in the luxury luggage market.
Rimowa is constantly innovating and committed to providing their customers with the best possible experience. If you choose to remove or reject cookies, it will affect many features or aspects of the website.

Is Rimowa Owned By Lvmh?

Rimowa was founded in Cologne in 1898 and has built a reputation for designing lightweight and easy to use luggage. The company expects revenue of over 400 million euros this year. LVMH is buying a stake in Rimowa from Dieter Morszeck, grandson of the company’s founder. Mr. Morszeck will retain a stake in the business and maintain his leadership role.

Who Acquired Rimowa?

The LVMH Group acquired Rimowa in 2017. The company is now run by Alexandre Arnault, son of Bernard Arnault, the chairman and CEO of LVMH.

How Much Did Lvmh Buy Rimowa For?

According to the information provided, Louis Vuitton’s parent company paid €640 million (US$706 million) for an 80 per cent stake in Rimowa in October 2016. This gives us a rough estimate of Rimowa’s value at the time of the sale. However, we cannot say for sure how much Louis Vuitton paid for the company without more information.

Who Is The Ceo Of Rimowa?

The CEO of Rimowa is Alexandre Arnault. He is the son of Bernard Arnault, the chairman and CEO of LVMH. Alexandre Arnault joined Rimowa in 2016 and has been credited with revitalizing the company. Under his leadership, Rimowa has released new products and expanded its reach to new markets.

Where Is Rimowa Made?

Rimowa suitcases are made in both German and Canadian assembly lines with the same materials and quality standards.

Do You Rimowa Luggage?

No, we do not recommend rimowa luggage.

What Is The Rimowa Luggage Price?

Rimowa luggage prices can range from $600 to $900, depending on the style and size of the suitcase. However, some Rimowa suitcases can be found for as low as $300 on sale.

ESSENTIALS:

What Are The Differences Between Rimowa And Louis Vuitton Luggage?: Rimowa is a German luggage company founded in 1898, while Louis Vuitton is a French luxury conglomerate that owns a variety of high-end brands. Rimowa was bought by Louis Vuitton in 2016. The two companies differ in their history, with Rimowa being significantly older than Louis Vuitton. Rimowa is also known for its iconic design, while Louis Vuitton is known for its luxurious and high-end products.
When Is The Next Rimowa Sale?: The best way to stay up-to-date on Rimowa sales is to sign up for the company’s email list, which will notify subscribers of upcoming collections and special events.
What Does The Rimowa Warranty Cover?: Rimowa’s lifetime guarantee covers all functional aspects of your suitcase for the life of your suitcase, excluding cosmetic damage. If you have any problems with your suitcase, simply take it to a Rimowa repair center and they will fix it for free.
What Is The Rimowa Cabin?: The Rimowa Cabin is a small carry-on suitcase that is made from aluminum and features the company’s signature grooves. The suitcase is designed to fit in most airline overhead compartments and is a popular choice for travelers who value durability and lightness. There are two main types of Rimowa Cabin suitcases – the Classic Cabin and the Original Cabin. The Classic Cabin is the older style of the two and is made from a single piece of aluminum. The Original Cabin is a newer style that is made from two pieces of aluminum and features a more modern design. Both styles of suitcase are available in a variety of colors and come with a matching set of handles, locks, and seals.
Where Is The Rimowa Usa Website?: The RIMOWA website is located at https://www.rimowa.com.

Final Word

Rimowa is a German company that manufactures luggage. It is owned by LVMH, a French company.

LVMH is a French company that manufactures and sells luxury goods. It is the world’s largest luxury goods company, with revenue of over €30 billion in 2017. LVMH is the parent company of many well-known brands, including Louis Vuitton, Moet & Chandon, and Hennessy.