Welcome to the World of Orcofi
French fashion house Orcofi, originally founded by Louis Vuitton family patriarch/former Chairman/CEO of LVMH Louis Vuitton-Moet Hennessey Henry Racamier, specializes in luxury goods (haute couture, ready-to-wear, handbags, perfumery, and cosmetics). The original holding company joined the French banking group Paribas and the French cosmetics giant L’Oréal in buying the Lanvin fashion house.
Between 1989-1991, Orcofi established an impressive portfolio. They acquired leather conglomerate Andrelux Industries (Bohata et Cie, Lorenzo, Soco, Upla, and Le Tanneur), French trunk maker Moynat, a heritage company founded in 1849, the luxury grocer Hédiard, Cristalleries Daum, Philippe Model (the French fashion shoe and accessories designer), signature ready-to-wear Ines de la Fressange and Paris’ oldest couture house, Lanvin. Mr. Racamier sold Orcofi to French global insurance powerhouse AXA S.A.
From Orcofi, 50% of the House of Lanvin was acquired by L’Oréal in 1996. Lanvin was acquired by Taiwanese media magnate Shaw-Lan Wang from L’Oreal in 2001. Gordon-Choisy, one of the world’s most prominent tanneries specialized in exotic leathers, was initially sold to LVMH and then to Hermes International. Luxembourg-based luxury holding company Luvanis SA, owners of Vionnet and Mainbocher, bought the rights to Moynat in 2009. In a twist of irony, Groupe Arnault, LVMH’s CEO Bernard Arnault’s holding company bought Moynat in 2010 relaunching the brand in 2011.
Qatar Luxury Group, owners of QELA, announced the acquisition of a controlling share of the French leather goods company Le Tanneur & Cie in 2011. Le Tanneur, founded in 1898, and Soco, had been listed on Euronext since 2000, the same year it signed a licensing agreement with Michael Kors and Celine. Cristalleries Daum is now part of Financiere Saint-Germain, parent company of Lalique and Haviland Porcelain Works.
Grand Metropolitan acquired Orcofi and is reassembling a collection of luxury brands.