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HELPING HANDS: Alarmed at the speed with which COVID-19 is ravaging India, Louis Vuitton has pledged $360,000 to UNICEF — in addition it has offered to match all employee donations through May 17.
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 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 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]
Chalhoub Group was founded by Michel and Widad Chalhoub in 1955, in Damascus, Syria with a store selling Christofle. [4] [5] Because of the narrow market and economic uncertainty in Syria, the family moved to Beirut, Lebanon in 1965 to enable expansion into the Near East and the Gulf region. [6]
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 ...
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