Gucci and Louis Vuitton belong to two entirely separate, multi-brand luxury goods conglomerates. Gucci is owned by the French multinational corporation Kering, which manages a stable of renowned fashion, leather goods, and jewelry houses. In contrast, Louis Vuitton is the crown jewel of LVMH (Moët Hennessy Louis Vuitton), the world's largest luxury goods conglomerate, which is controlled by the billionaire Arnault family and houses dozens of prestigious global brands.