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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. 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.
Christian Louboutin ( French: [kʁistjɑ̃ lubutɛ̃]; born 7 January 1963) is a French fashion designer. His stiletto footwear incorporates shiny, red-lacquered soles that have become his signature. [5] Initially a freelance designer for fashion houses, he started his shoe salon in Paris, with his shoes finding favor with celebrity clientele.
Dior's parent company, LVMH Moët Hennessy Louis Vuitton, said it would "temporarily close [their] stores in Russia and pause all [their] commercial activities." LVMH brands include Christian Dior, Louis Vuitton, and Moët & Chandon. The decision affects 120 stores and 3,500 employees. In November 2022, Dior launched a Cruise 2023 collection.
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The term "purse" originally referred to a small bag for holding coins. In many English-speaking countries, it is still used to refer to a small money bag. A "handbag" is a larger accessory that holds objects beyond currency, such as personal items. American English typically uses the terms purse and handbag interchangeably.
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