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Louis Vuitton is one of the most counterfeited brands in the fashion world due to its image as a status symbol. [48] Ironically, the signature Monogram canvas was created to prevent counterfeiting. [51] In 2004, Louis Vuitton fakes accounted for 18% of counterfeit accessories seized in the European Union. [52]
In 2022, Louis Vuitton announced a €1 million donation to UNICEF to help the Ukrainian victims of the Russian invasion. [107] On 2 March 2022, LVMH Group pledged €5 million to the Red Cross to those affected by the war. [108] [109] In addition, the company closed 124 of its stores in Russia. [110]
The LV Volt Fine Jewelry Collection was introduced in 2020, [38] followed by Francesca Amfitheatrof's second Louis Vuitton High Jewelry Collection, Stellar Times. [ 39 ] In July 2021, she celebrated the 200th anniversary of the birth of Louis Vuitton with the Bravery High Jewelry Collection — 90 pieces that retrace the destiny of Louis Vuitton.
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DKNY is a New York City–based American fashion house for men and women, founded in 1984 by Donna Karan. [1] The company specializes in a wide range of fashion products, including clothing, footwear, accessories and fragrances.
Alexandre is the EVP of Tiffany & Co., Frédéric is the CEO of LVMH Watches, [55] and Jean is the Director of Watchmaking Marketing and Development at Louis Vuitton. [56] Since 2010, Arnault's daughter Delphine has been with Xavier Niel, a French billionaire businessman active in the telecommunications and technology industry. Effective ...
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