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The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des Capucines in Paris. [21] Louis Vuitton had observed that the HJ Cave Osilite [22] trunk could be easily stacked. In 1858, Vuitton introduced his flat-topped trunks with Trianon canvas, making them lightweight and airtight. [21]
In 2022, Louis Vuitton announced a €1 million donation to UNICEF to help the Ukrainian victims of the Russian invasion. [104] On 2 March 2022, LVMH Group pledged €5 million to the Red Cross to those affected by the war. [105] [106] In addition, the company closed 124 of its stores in Russia. [107]
Alexandre is the EVP of Tiffany & Co., Frédéric is the CEO of LVMH Watches, [55] and Jean is the Director of Watchmaking Marketing and Development at Louis Vuitton. [56] Since 2010, Arnault's daughter Delphine has been with Xavier Niel , a French billionaire businessman active in the telecommunications and technology industry.
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.
Louis Vuitton employees in China were forced to count 600,000 yuan (approximately $110,000) in cash, paying the price for allegedly mistreating a customer. In an incident reminiscent of the ...
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. [2]
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