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LONDON — Louis Vuitton has denied allegations that its Changsha boutique in China has sold a fake bag to a customer. A legal document disclosed online last week revealed that the French luxury ...
LVMH struck a "cautiously" confident tone for the year ahead on Tuesday after fourth-quarter sales held up despite fears of a China slowdown, and growth picked up at its Louis Vuitton megabrand.
BEIJING/PARIS (Reuters) -Louis Vuitton is considering opening its first duty free store in China on the emerging luxury island hub of Hainan, according to two sources, in a move that would mark a ...
Established in 1960, its global network consists of stores located in major global airports and downtown locations featuring over 750 brands. [ 2 ] [ 3 ] It is privately held and majority owned by the luxury conglomerate Moët Hennessy Louis Vuitton ( LVMH ), alongside DFS co-founder and shareholder Robert Warren Miller .
Profits for 1988 were reported to have been up by 49% more than in 1987. By 1989, Louis Vuitton came to operate 130 stores worldwide. [21] Entering the 1990s, Yves Carcelle was named president of LV, and in 1992, Louis Vuitton entered mainland China by opening its first store in Beijing at the Palace Hotel.
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]
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The go-to Web boutique for the design savvy - ArchitecturalDigest.com