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Website. lvmh .com. 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]
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.
Examples include LVMH, the largest luxury goods producer in the world with over fifty brands (including Louis Vuitton) [39] and sales of €42.6 billion in 2017, [40] Kering, which made €15.9 billion in revenue for a net income of €2.3 billion in 2019, [41] and Richemont.
Duty-free stores at Oslo Airport in Oslo, Norway. A duty-free shop or store is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods will be sold to travelers who will take them out of the country, who will then pay duties and taxes in their destination country ...
In 2016, in a span of 3-day period, Instagram has identified 20,892 fake accounts selling counterfeit goods, collectively responsible for 14.5 million posts, 146,958 new images and gaining 687,817 new followers, with Chanel (13.90%), Prada (9.69%) and Louis Vuitton (8.51%) being the top affected brands according to a study from The Washington Post.
Tiffany & Co. was founded in 1837 by Charles Lewis Tiffany and John B. Young, [ 15] in New York City, as a "stationery and fancy goods emporium", with the help of Charles Tiffany's father, who financed the store for only $1,000 with profits from a cotton mill. [ 16] The store initially sold a wide variety of stationery items and, as of 1837 ...
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.
The Louis Vuitton Foundation ( French: Fondation d'entreprise Louis-Vuitton ), previously Louis Vuitton Foundation for Creation ( Fondation Louis-Vuitton pour la création ), is a French art museum and cultural center sponsored by the group LVMH and its subsidiaries. It is run as a legally separate, nonprofit entity as part of LVMH's promotion ...