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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.
Christian Dior SE (French: [kʁistjɑ̃ djɔʁ]), [1] commonly known as Dior (stylized DIOR), is a French multinational luxury fashion house [2] controlled and chaired by French businessman Bernard Arnault, who also heads LVMH. Dior holds 42.36% shares and 59.01% of voting rights within LVMH.
Hermès International S.A. ( / ɛərˈmɛz / ⓘ er-MEZ, French: [ɛʁmɛs] ⓘ) is a French luxury design house established on 15 June 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear.
As of 2013, Christian Dior SE was the leading holding company of LVMH, owning 40.9% of its shares and 59.01% of its voting rights. [57] Bernard Arnault is Chairman and CEO of LVMH and Chairman of Christian Dior SE. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buyout. [58]
Establishment and recognition (1909–1920s) Gabrielle "Coco" Chanel in 1920. The House of Chanel originated in 1909, when Gabrielle Chanel opened a millinery shop at 160 Boulevard Malesherbes, the ground floor of the Parisian flat of the socialite and textile businessman Étienne Balsan, of whom she was the mistress. [4]
Like Dior, Italian fashion giant Giorgio Armani, was investigated earlier this year after a Milan court ruled that the company underpaid people €2-3 to work roughly 10 hours a day for up to ...
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