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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.
The Chanel bag. In 1929, Chanel introduced a handbag inspired by soldiers' bags. Its thin shoulder strap allowed the user to keep her hands free. Following her comeback, Chanel updated the design in February 1955, creating what would become the "2.55" (named for the date of its creation).
Chanel (/ ʃ ə ˈ n ɛ l / shə-NEL, French: ⓘ) is a British luxury fashion house founded in 1910 by Coco Chanel in Paris. It is privately owned by the Wertheimer family and has been headquartered in London since 2018. Chanel specializes in women's ready-to-wear, luxury goods, and accessories and licenses its name and branding to Luxottica ...
Counterfeit consumer goods —or counterfeit, fraudulent, and suspect items ( CFSI )—are goods, often of inferior quality, made or sold under another's brand name without the brand owner's authorization. The colloquial terms knockoff or dupe (duplicate) are often used interchangeably with counterfeit, although their legal meanings are not ...
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Inspired by the straps found on soldiers' bags she added thin straps and introduced the resulting design to the market in 1929. [1] [2] After her successful comeback to the fashion industry in 1954, Chanel decided to update her handbag. [citation needed] The resulting design was called 2.55 after the date of creation, February 1955.
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