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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 ...
Grand Cross of the Legion of Honour (2023) [ 1 ] 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 ...
August 27, 2024 at 4:39 AM. 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 ...
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 of ...
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.
1936-1990. Known for. Co-founding LVMH. Spouse. Odile Vuitton. Children. 2. Henri Serge Racamier (June 25, 1912 – March 29, 2003) was a French industrialist and businessman. He was primarily known for co-founding the luxury conglomerate LVMH and turning Louis Vuitton into an internationally recognized brand with billions of dollars in sales.