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Vuitton
Louis Vuitton Malletier, commonly known as Louis Vuitton (, ), is a French high-end luxury fashion house and company founded in 1854 by Louis Vuitton. The label's LV monogram appears on most of its products, ranging from luxury bags and leather goods to ready-to-wear, shoes, watches, jewelry, 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 departmental stores, and through the e-commerce section of its website. 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. In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. The company operates in 50 countries with more than 460 stores worldwide. History Founding to World War II The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des Capucines in Paris. ...
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Nicolas Ghesquière
Nicolas Ghesquière (; born 9 May 1971) is a French-Belgian fashion designer who has been the women's creative director of the house of Louis Vuitton (owned by LVMH) since 2013. Early life Ghesquière was born in Comines, Nord, the younger of two sons of a Francophone Belgian golf-course owner and manager in the 7,500-inhabitant ''Poitevine'' town of Loudun and a French mother, who enjoyed fashion.Daisy Garnett (6 February 2003)From Paris with Love''New York''.Alice Gregory (18 October 2019Nicolas Ghesquière'' T: The New York Times Style Magazine''. He grew up in Loudun, Vienne. From a young age, Ghesquière enjoyed and practiced sports, such as horse riding, fencing, and swimming, and, in fact, many of his collections today use that inspiration, most notably his scuba mini dresses and his equestrian-inspired fall/winter 2006 ready-to-wear collection. At a young age Ghesquière announced at that he wanted to be a designer. He now admits this was partly from an adolescent ...
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Louis Vuitton (designer)
Louis Vuitton (; 4 August 1821 – 27 February 1892) 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. Life and career Vuitton was born to a family of artisans, carpenters, and farmers. At the age of 10, his mother, a hat-maker, died, and his father followed soon after. Following a difficult relationship with his adoptive stepmother, Vuitton left his home in Anchay, Franche-Comté in the spring of 1835, at the age of 13. Taking odd jobs along the way, Vuitton traveled approximately 292 miles (470 km) to Paris. Arriving in 1837, in the middle of the Industrial Revolution, he apprenticed under Monsieur Marechal, a successful trunk maker and packer. Within a few years, Vuitton gained a reputation amongst Paris' more fashionable class as one of the city's premier practitioners of the craf ...
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LVMH
LVMH Moët Hennessy Louis Vuitton (), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which was established following the 1971 merger between the champagne producer Moët & Chandon (founded in 1743) and the cognac producer Hennessy (founded in 1765). In 2021, with a valuation of $329 billion, LVMH became the most valuable company in Europe. LVMH controls around 60 subsidiaries that each manage a small number of prestigious brands, 75 in total. These include Tiffany & Co., Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, and Bulgari. The subsidiaries are often managed independently, under the umbrellas of six branches: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, W ...
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Delphine Arnault
Delphine Arnault (born 4 April 1975) is a French businesswoman, director and executive vice president of Louis Vuitton (LVMH Group). Early life Arnault is the oldest child of Bernard Arnault from his first wife, Anne Dewavrin. She has a younger brother, Antoine Arnault. Between the ages of seven and 10, they lived in New York state where they attended a French-American school. She later earned degrees from the London School of Economics and EDHEC Business School (Ecole des Hautes Etudes Commerciales du Nord). Career Arnault began her career working McKinsey & Company for two years, and she joined LVMH in 2000. Since 2003, Arnault has been a member of the management board of the group LVMH, the first woman and youngest person to occupy that post. Arnault is also a member of the board of directors for Moët Hennessy, and M6, as well as a managing partner of a wealth management company. In 2008, Arnault was named deputy chief of the designer Christian Dior Couture, which she ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economis ...
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Monogram
A monogram is a motif made by overlapping or combining two or more letters or other graphemes to form one symbol. Monograms are often made by combining the initials of an individual or a company, used as recognizable symbols or logos. A series of uncombined initials is properly referred to as a cypher (e.g. a royal cypher) and is not a monogram. History Monograms first appeared on coins, as early as 350 BC. The earliest known examples are of the names of Greek cities which issued the coins, often the first two letters of the city's name. For example, the monogram of Achaea consisted of the letters alpha (Α) and chi (Χ) joined together. Monograms have been used as signatures by artists and craft workers on paintings, sculptures and pieces of furniture, especially when guilds enforced measures against unauthorized participation in the trade. A famous example of a monogram serving as an artist's signature is the "AD" used by Albrecht Dürer. Christograms Over the centuri ...
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Handbags
A handbag, commonly known as a purse or pocketbook in North American English, is a handled medium-to-large bag used to carry personal items. Purse, handbag or pouch The term "purse" originally referred to a small bag for holding coins. In many English-speaking countries, it is still used to refer to a small money bag. A "handbag" is a larger accessory that holds objects beyond currency, such as personal items. American English typically uses the terms purse and handbag interchangeably. The term handbag began appearing in the early 1900s. Initially, it was most often used to refer to men's hand-luggage. Women's bags grew larger and more complex during this period, and the term was attached to the accessory. "Pocketbook" is another term for a woman's handbag that was most commonly used on the East Coast of the United States in the mid-twentieth century. Modern origin Early modern Europeans wore purses for one sole purpose: to carry coins. Purses were made of soft fabric or lea ...
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Champs-Élysées
The Avenue des Champs-Élysées (, ; ) is an avenue in the 8th arrondissement of Paris, France, long and wide, running between the Place de la Concorde in the east and the Place Charles de Gaulle in the west, where the Arc de Triomphe is located. It is known for its theatres, cafés and luxury shops, as the finish of the Tour de France cycling race, as well as for its annual Bastille Day military parade. The name is French for the Elysian Fields, the place for dead heroes in Greek mythology. It is commonly regarded as the "most beautiful avenue in the whole world". Description The avenue runs for through the 8th arrondissement in northwestern Paris, from the Place de la Concorde in the east, with the Obelisk of Luxor, to the Place Charles de Gaulle (formerly the ''Place de l'Étoile'') in the west, location of the Arc de Triomphe. The Champs-Élysées forms part of the '' Axe historique''. The lower part of the Champs-Élysées, from the Place de la Concorde to the ...
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Ōyama Iwao
was a Japanese field marshal, and one of the founders of the Imperial Japanese Army. Biography Early life Ōyama was born in Kagoshima to a ''samurai'' family of the Satsuma Domain. as a younger paternal cousin to Saigo Takamori. A protégé of Ōkubo Toshimichi, he worked to overthrow the Tokugawa Shogunate and thus played a major role in the Meiji Restoration. He served as the commander of the Detached First Brigade during the Boshin War. At the Battle of Aizu, Ōyama was the commander of the Satchōdo's field artillery positions on Mount Oda. During the course of the siege, he was wounded by an Aizu guerilla force under Sagawa Kanbei. Military career In 1870, Ōyama was sent overseas to the École spéciale militaire de Saint-Cyr in France (August 1870 – March 1871) to study and was appointed the official Japanese military observer to the Franco-Prussian War. He also spent three years (July 1871 – October 1874) in Geneva studying foreign languages, and becam ...
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Luxury Goods
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with '' superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury go ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. This definition is based on IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement, revenue is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). In general usage, revenue is the total amount of incom ...
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Exposition Universelle (1867)
The International Exposition of 1867 (french: Exposition universelle 'art et d'industriede 1867), was the second world's fair to be held in Paris, from 1 April to 3 November 1867. A number of nations were represented at the fair. Following a decree of Emperor Napoleon III, the exposition was prepared as early as 1864, in the midst of the renovation of Paris, marking the culmination of the Second French Empire. Visitors included Tsar Alexander II of Russia, a brother of the King William and Otto von Bismarck of Prussia, Prince Metternich and Franz Josef of Austria, Ottoman Sultan Abdülaziz, and the Khedive of Egypt Isma'il. Conception In 1864, Napoleon III issued a decree stating that an international exposition should be held in Paris in 1867. A commission was appointed with Prince Jerome Napoleon as president, under whose direction the preliminary work began. The site chosen for the Exposition Universelle of 1867 was the Champ de Mars, the great military parade gr ...
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