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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 the 1960s and 1970s DFS Group significantly expanded their operation in Pacific Islands and North America. DFS capitalized on the rising wave of Asian tourists who began to travel further overseas, opening stores in international airports and later in downtown locations where travelers have their purchases delivered before departure. [8]
In 2014, LVMH opened the Fondation Louis Vuitton pour la Creation in a new building designed by Frank Gehry in the Bois de Boulogne in Paris. The Fondation is designed as the Group's own museum to present its collections and organize major world-class art exhibitions.
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Examples include LVMH, the largest luxury goods producer in the world with over fifty brands (including Louis Vuitton) [40] and sales of €42.6 billion in 2017, [41] Kering, which made €15.9 billion in revenue for a net income of €2.3 billion in 2019, [42] and Richemont.
Louis Vuitton; Y. Château d'Yquem; Z. Zenith (watchmaker) This page was last edited on 6 January 2023, at 22:07 (UTC). Text is available under the Creative ...
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