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Chanel 'High Jewellery' was founded in November 1932. Chanel debuted 'Bijoux de Diamants' at her Faubourg Saint-Honoré, Paris mansion. [102] It was also the first high-end jewelry collection created by a fashion designer. [103] The 'Bijoux de Diamants' was inspired by celestial forms such as stars, comets, and the moon.
Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end departmental stores, and through the e-commerce section of its website. [5] [6] Louis Vuitton merged with Moët Hennessy in 1987 to create LVMH, of which it is a subsidiary.
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]
In the 1920s, Coco Chanel became tired of having to carry her handbags in her arms and decided to design a handbag that freed up her hands. Inspired by the straps found on soldiers' bags she added thin straps and introduced the resulting design to the market in 1929. [1] [2]
On 17 May 1947, Chanel received wartime profits from the sale of Chanel No. 5, an amount equivalent to some US$12 million in 2022 valuation. Her future share would be two per cent of all Chanel No. 5 sales worldwide (projected to gross her $34 million a year as of 2022), making her one of the richest women in the world at the time the contract ...
Louis Vuitton (French: [lwi vɥitɔ̃] ⓘ; 4 August 1821 – 27 February 1892) [1] was a French fashion designer and businessman. He was the founder of the Louis Vuitton brand of leather goods now owned by LVMH. Prior to this, he had been appointed as trunk-maker to Empress Eugénie de Montijo, wife of Napoleon III. [2]
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