Brands / Past & Present
French fashion house Orcofi, originally founded by Louis Vuitton family patriarch/former Chairman/CEO LVMH Louis Vuitton-Moet Hennessey Henry Racamier, specializes in luxury goods (haute couture, ready-to-wear, handbags, perfumery, cosmetics). The original holding company joined French banking group Paribas and French cosmetics giant L’Oréal in buying Paris’ oldest couture house Lanvin.
Between 1989-1991, Orcofi assembled an impressive portfolio: Leather conglomerate Andrelux Industries (Bohata et Cie, Lorenzo, Soco, Upla, Le Tanneur), legendary trunk maker Moynat est.1849, luxury grocer Hédiard, lingerie brand Orcanta, Acanta, Cristalleries Daum, Philippe Model (fashion shoe/accessories designer), ready-to-wear Ines de la Fressange and Lanvin. Mr. Racamier sold Orcofi to global insurance powerhouse AXA S.A.
AXA sold Orcofi’s Orcanta to François-Henri Pinault’s Pinault-Printemps-Redoute (Kering). Founded in 1995, the exclusive boutiques sold for $42.5 million. In 2006, PPR sold Orcanta to Groupe Chantelle who now offers seven lingerie brands/retail networks: Chantelle, Passionata, Darjeeling, Orcanta, Chantal Thomass, Femilet, and Livera.
In 1996, L’Oréal acquired 50% of Lanvin from Orcofi. Lanvin was then acquired by Taiwanese media magnate Shaw-Lan Wang from L’Oreal in 2001. Gordon-Choisy (one of the world’s most prominent tanneries specializing in exotic leathers) initially sold to LVMH and then to Hermes International. Luxembourg-based luxury holding company Luvanis SA (Vionnet, Mainbocher) bought Moynat in 2009. Groupe Arnault, LVMH’s CEO Bernard Arnault’s holding company bought Moynat in 2010.
In 2011 Qatar Luxury Group (QELA) acquired Le Tanneur & Cie (est. 1898) and Euronext listed Soco, also signing a licensing agreement with Michael Kors and Celine. Financiere Saint-Germain, parent of Lalique, Haviland Porcelain Works now owns Cristalleries Daum.
Grand Metropolitan acquired Orcofi in 2010.