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Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end departmental stores, and through the e-commerce section of its website. [5] [6] Louis Vuitton merged with Moët Hennessy in 1987 to create LVMH, of which it is a subsidiary.
Louis Vuitton (French: [lwi vÉ¥itɔ̃] ⓘ; 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]
In late October 2020, Tiffany and LVMH agreed to go back to the original takeover plan, though at a slightly reduced price of nearly $16 billion, a minor reduction of 2.6% from the aforementioned deal. The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. [44]
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Early modern Europeans wore purses for one sole purpose: to carry coins. Purses were made of soft fabric or leather and were worn by men as often as ladies; the Scottish sporran is a survival of this custom. In the 17th century, young girls were taught embroidery as a necessary skill for marriage; this also helped them make very beautiful handbags.
Crocodile leather is considered a luxury item utilized by high fashion brands such as Hermes, Moet Hennessy Louis Vuitton (LVMH) and Gucci. [4] As a material, crocodile leather is rare and expensive because of limited numbers of crocodiles, their relatively small size and the scarcity of dependable farms and tanning facilities to process and ...
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