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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 ...
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.
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$9.4 billion. [ 8] The company operates in 50 countries with more than 460 stores worldwide.
Singapore, [e] officially the Republic of Singapore, is an island country and city-state in maritime Southeast Asia.It is about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the ...
DFS T Galleria in City of Dreams, Macau DFS T Galleria in Tsim Sha Tsui, Hong Kong. DFS Group (DFS) is a Hong Kong-based travel retailer of luxury products.Established in 1960, its network located in major airports and downtown stores around the world, including duty-free stores in 12 airports and 21 downtown locations, as well as affiliate and resort locations, featuring 750 brands.
There is a trend within shopping tourism for consumers from emerging markets, notably China and South America, to plan their trips according to where fashion handbags are cheapest. Up to 50% of sales of luxury goods in Western Europe are generated by foreigners and global travel generates as much as 30% of total sales of luxury goods. [ 11 ]
Bernard Jean Étienne Arnault ( French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [ 2][ 3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is one of the richest individuals in the world, with an estimated net worth of US$ 180 billion as ...
The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.