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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 1950, Jacques Rouët, the general manager of Dior Ltd, devised a licensing program to place the now-renowned name of "Christian Dior" visibly on a variety of luxury goods. [11] It was placed first on neckties [ 10 ] and soon was applied to hosiery, furs, hats, gloves, handbags, jewelry, lingerie, and scarves. [ 11 ]
Marie-Odile Amaury, the group's owner, initially hoped for 200 million euros ($218 million) which were later revised to 150 million ($163 million) during a previous sale attempt, but a bid of 50 million euros ($54.5 million) was made. [69] The financial transaction was completed at the end of October 2015. [70]
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Alexandre is the EVP of Tiffany & Co., Frédéric is the CEO of LVMH Watches, [55] and Jean is the Director of Watchmaking Marketing and Development at Louis Vuitton. [56] Since 2010, Arnault's daughter Delphine has been with Xavier Niel , a French billionaire businessman active in the telecommunications and technology industry.
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