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Iconic bags of Louis Vuitton include the Speedy bag produced in 1930 and Neverfull bags produced in 2007. Both bags have become Louis Vuitton's most successful handbag launches. They were designed for being both stylish and practical. These bags also come in three sizes: Petite Modele, Moyene Modele, and Grand Modele.
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]
“Since they’re young, they don’t need the Louis Vuitton handbag. I can give them a cute handbag from Temu. Then they’ll lose interest in a month and I’ll buy them another one.”
Handbags can have a high resale value, especially if they are designer brands. Hermes, Chanel and Louis Vuitton tend to retain or even increase in value over time, according to Who What Wear.
Variety Wholesalers, Inc., is a privately held company based in Henderson, North Carolina, which owns more than 380 retail stores in the Southeast and Mid-Atlantic United States under the banners Roses and Maxway.
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