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Loewe S.A. (/ l oʊ ˈ ɛ v eɪ / loh-EV-ay, Spanish:, German:; stylized as LOEWE) is a Spanish luxury fashion house specialising in leather goods, clothing, perfumes and other fashion accessories. Founded in 1846 in Madrid , Loewe is part of LVMH since 1996, and is the oldest luxury fashion house of the holding.
A tote bag A tote bag being carried over the shoulder. A tote bag is a large, typically unfastened bag with parallel handles that emerge from the sides of its pouch. Totes are often used as reusable shopping bags. The archetypal tote bag is made of sturdy cloth, perhaps with thick leather at its handles or bottom; leather versions often have a ...
Top handle bag: a medium-sized bag with one or two top handles, may or may not have a flap, often rectangular with four feet, may also have a strap; many satchels are also top-handle bags, and some of these may be worn as crossbody bags or as shoulder bags if they also have a strap; Tote: a medium to large bag with two longer straps and an open ...
The "sturdy cowhide bags were an immediate hit." [9] Miles and Lillian Cahn bought the company through a leveraged buyout in 1961. [9] In 1961, Cahn hired Bonnie Cashin, a sportswear pioneer, to design handbags for Coach. [9] Cashin "revolutionized the product's design," working as a creative head for Coach from 1962 through 1974. [9]
In January 2018, LVMH announced record sales of 42.6 billion euros in 2017, up 13% over the previous year, as all divisions turned in strong performances. In the same year, the net profit increased by 29%. [31] On 1 November 2018, co-founder Alain Chevalier died at age 87. [32]
The bag has a quilted diamond or herringbone pattern on the exterior. Using a running stitch, this gives the bag shape and volume. [ 1 ] The pattern is believed to have been inspired by several sources: by jockeys' riding coats, by the stained-glass windows of the abbey at Aubazine, as well as by the cushions in Chanel's Paris apartment.
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