Louis Vuitton
Louis Vuitton Malletier, or simply Louis Vuitton, is a luxury French fashion brand and firm founded by Louis Vuitton in 1854. The LV monogram can be found on almost all the label's products, including luxury bags and leather goods, as well as ready-to-wear, shoes, jewelry, accessories, eyewear, and books. Louis Vuitton is one of the most expensive clothing brands in the world. It offers its items via standalone boutiques, lease departments in high-end department stores, and through its website's e-commerce section.
Louis Vuitton has been awarded the world's most valuable luxury brand for several years in a row. It was valued at $25.9 billion in 2012. The brand was valued at US$28.4 billion in 2013, with US$9.4 billion in revenue. The company operates in 50 countries with more than 460 stores worldwide.
Known for their high-end luggage trunks and other leather products at first. Celebrities like Angelina Jolie and Sarah Jessica Parker are fans of Louis Vuitton, which has expanded into apparel, accessories, and jewelry. Nicolas Ghesquière, the brand's creative director, has revitalized it without sacrificing elegance. Bernard Arnault, the world's richest person, currently owns the corporation.
This brand is so expensive because it has a long history, it's a luxury brand, it provides status and exclusivity, it has high consumer demand, a loyal client base, and it charges you for an experience rather than an object. Today, Louis Vuitton is considered one of the most expensive clothing brands in the world
Most Expensive Louis Vuitton Items
- Steiff Louis Vuitton Teddy Bear: $2.1 million
- Louis Vuitton Urban Satchel – decorated with recycled water bottles and chewing gum packets: $150,000.
