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For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. [ 7] In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. [ 8] The company operates in 50 countries with more than 460 stores worldwide.
The term "purse" originally referred to a small bag for holding coins. In many English-speaking countries, it is still used to refer to a small money bag. A "handbag" is a larger accessory that holds objects beyond currency, such as personal items. American English typically uses the terms purse and handbag interchangeably.
Louis Vuitton (designer) Louis Vuitton ( French: [lwi vɥitɔ̃] ⓘ; 4 August 1821 – 27 February 1892) [ 1] was a French fashion designer and businessman. He was the founder of the Louis Vuitton brand of leather goods now owned by LVMH. Prior to this, he had been appointed as trunk-maker to Empress Eugénie de Montijo, wife of Napoleon III.
LVMH Moët Hennessy Louis Vuitton (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), [1] commonly known as LVMH, is a French [7] multinational holding company and conglomerate specializing in luxury goods, headquartered in Paris. [8]
François Goyard (1918–2005) Jean Edmond François was the son of Robert Goyard, and collaborated with his father. The Occupation took its toll on the house, and the store at 233, rue Saint-Honoré closed down temporarily. François took a stake in the family business on 25 May 1951, which became a limited company four days later.
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