Louis Vuitton

Louis Vuitton Malletier SAS
Company typeSubsidiary[1]
IndustryFashion
Founded1854 (1854)
Paris, France
FounderLouis Vuitton
Headquarters
2 Rue du Pont Neuf
75001 Paris
France
48°51′33″N 2°20′38″E / 48.8593°N 2.3439°E / 48.8593; 2.3439
Key people
Products
Revenue €14 billion (2020)[2]
Number of employees
19,000 (2013)[3]
ParentLVMH
Websitelouisvuitton.com

Louis Vuitton Malletier SAS, commonly known as Louis Vuitton (/luˈiː vɪˈtɒn/ ⓘ, French: [lwi vɥitɔ̃] ⓘ), is a French luxury fashion house and company founded in 1854 by Louis Vuitton.[1] The label's LV monogram appears on most of its products, ranging from luxury bags and leather goods to ready-to-wear, shoes,[4] perfumes, watches, jewellery, accessories, sunglasses and books. Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end department 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.

For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion.[7] In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion.[8] The company operates in 50 countries with more than 460 stores worldwide.[9]

Louis Vuitton has faced some episodes of criticism: continuous targeting due to its failures in ceasing forced labour,[10][11][12] alleged mistreatment of its models in 2017,[13] and a series of strong polemics in Barcelona, Catalonia (due to sponsoring the 2024 America's Cup) that involved an administratively opaque fashion show,[14][15][16] significant damages in the Park Güell's UNESCO World Heritage Site,[17] and multiple citizen protests against the company.[18][19][20]

  1. ^ "Louis Vuitton on the Forbes World's Most Valuable Brands List". Forbes. Archived from the original on 7 February 2021. Retrieved 4 September 2017.
  2. ^ "La marque Louis Vuitton, star française dans le monde". lexpansion.lexpress.fr. 2 October 2013. Archived from the original on 22 July 2021. Retrieved 22 July 2021.
  3. ^ Nandi, Swagota (18 February 2023). "22 Most Expensive Shoes in the World of All Time". Pinkvilla. Archived from the original on 3 April 2023. Retrieved 22 July 2023.
  4. ^ Martin, Richard (1995). Contemporary fashion. Guatemala: St. James Press. p. 750. ISBN 1-55862-173-3.
  5. ^ Roberts, Andrew (21 May 2012). "Louis Vuitton Tops Hermes As World's Most Valuable Luxury Brand". Bloomberg.com. Bloomberg L.P. Archived from the original on 10 January 2015. Retrieved 28 May 2012.
  6. ^ forbes.com Louis Vuitton Archived 7 February 2021 at the Wayback Machine
  7. ^ Globe and Mail Louis Vuitton Archived 29 October 2020 at the Wayback Machine
  8. ^ Mosley, Layna (2010). Labor Rights and Multinational Production. Cambridge University Press. p. 100. ISBN 9781139493451.
  9. ^ Suleymanova, Radmilla (14 July 2021). "Are your favourite fashion brands using forced labour?". Al Jazeera. Retrieved 24 May 2024.
  10. ^ Imam, Ambreen (5 November 2022). "Fashion Industry Giants and their failure to fix labor exploitation". Fashion and Law Journal. Retrieved 24 May 2022.
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