The company merged with Mo??t et Chandon and Hennessy in 1987, creating the luxury powerhouse anagram LVMH. Amazingly, it wasn???t until ten years later that they went into the ready-to-wear business, hiring New York designer Marc Jacobs in 1997, who immediately added an incredibly lucrative clothing business while bringing Vuitton up-to-date by collaborating with such artists as Stephen Sprouse (