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China’s growing love for dupes isn’t just a problem for established brands such as Louis Vuitton. Sales at its luxury powerhouse owner, LVMH, dropped 10% in the first six months of this year ...
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.
lvmh.com. LVMH Moët Hennessy Louis Vuitton SE (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), [1] commonly known as LVMH, is a French multinational holding company and conglomerate [7][8][9][10] specializing in luxury goods, headquartered in Paris. [11] The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in ...
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.
Georges Ferréol Vuitton (13 July 1857 – 26 October 1936) was the only child of Louis Vuitton (1821–1892; French designer and trunk maker for Empress Eugénie de Montijo [1] [2]) and Clemence-Emilie Vuitton, [3] who succeeded his father as head of the Louis Vuitton brand, which is now a brand under the umbrella of the parent company LVMH ...
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.
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