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Much like shoes and jewelry, handbags are more than just an accessory, they're a status symbol. Handbags have long been a part of women's fashion, dating back to 1854, when Louis Vuitton...
Discover the 6 most expensive designer bags ever made, their jaw-dropping prices, and the elite owners who splurged on them.
While houses like Dior and Prada leaned into the classic, almost bowler bag structure, designers like Michael Kors and Louis Vuitton opted for more briefcase-like silhouettes. Cate Bag $4800.00 at ...
According to a Millward Brown 2010 study, Louis Vuitton was then the world's 19th most valuable brand, and was estimated to be worth over US$19 billion. [49] For six consecutive years, Louis Vuitton was number one of the 10 most powerful brands list published by the Millward Brown Optimor's 2011 BrandZ study with value of $24.3 billion.
According to the Global Wealth and Lifestyle Report 2020, Hong Kong, Shanghai, Tokyo and Singapore were four of the five most expensive cities for luxury goods in Asia. [27] In 2014, the luxury sector was expected to grow over the following ten years because of 440 million consumers spending a total of 880 billion euros, or $1.2 trillion. [28]
In 2022, Louis Vuitton announced a €1 million donation to UNICEF to help the Ukrainian victims of the Russian invasion. [106] On 2 March 2022, LVMH Group pledged €5 million to the Red Cross to those affected by the war. [107] [108] In addition, the company closed 124 of its stores in Russia. [109]
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