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The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des Capucines in Paris. [21] Louis Vuitton had observed that the HJ Cave Osilite [22] trunk could be easily stacked. In 1858, Vuitton introduced his flat-topped trunks with Trianon canvas, making them lightweight and airtight. [21]
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]
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]
The myth grew with his ascent as artistic director of women’s collections at Louis Vuitton, where his predecessor Marc Jacobs had paved the way for a leather goods colossus to become a $9.5 ...
In 1984, he took Louis Vuitton public at the stock exchange. In 1987, he merged Moet Hennessy and Louis Vuitton creating LVMH . Between 1987 and 1990 he and Alain Chevalier , the other co-founder of the luxury group conducted an open war against Bernard Arnault who was taking over power; Arnault was successful and ejected Racamier from the ...
The Louis Vuitton trunk was such a smash hit that other companies soon began copying the distinctive striped pattern of the original canvas. This led to the creation of the unmistakable Monogram ...
China’s growing love for dupes isn’t just a problem for established brands such as Louis Vuitton. Sales at its luxury powerhouse owner, LVMH, dropped 10% in the first six months of this year ...
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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