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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.
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 graffiti logo bags he designed in collaboration with Marc Jacobs for Louis Vuitton in 2001 made the fashion world take notice once again. In 2002, he created a vast collection of men's and women's apparel, home accessories, sports gear, etc. for the Target discount chain (dubbed "AmericaLand") - mostly rendered in a graffiti patriotic motif.
One display includes props from the film Labyrinth which arrived in lost bags in 1997. Jim Henson allowed the store to keep the items, which included the puppet Hoggle. In 2023, the store's first "Found Report" documented trends in luggage contents as well as unusual finds, which included a pole vault pole, two live snakes, and medieval armor. [7]
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]
The Arnault-run conglomerate makes perfumes, leather bags and Champagne for the world’s most affluent, but it also owns a well-known chain that appeals to the average shopper—Sephora.
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