Louis Vuitton in the context of "LVMH"

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⭐ Core Definition: Louis Vuitton

Louis Vuitton Malletier SAS is a French 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, 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. 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. 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.

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👉 Louis Vuitton in the context of LVMH

LVMH Moët Hennessy Louis Vuitton SE is a French multinational holding company and conglomerate that specializes in luxury goods and has its headquarters in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which had been established by the 1971 merger between the champagne producer Moët & Chandon (founded in 1743) and the cognac producer Hennessy (founded in 1765). In April 2023, LVMH became the first European company to surpass a valuation of $500 billion. In 2023, the company was ranked 47th in the Forbes Global 2000.

LVMH controls around 60 subsidiaries that manage 75 luxury brands. In addition to Louis Vuitton and Moët Hennessy, LVMH's portfolio includes Christian Dior SE, Givenchy, Fendi, Celine, Kenzo, Tiffany & Co., Bulgari, Loewe, TAG Heuer, Marc Jacobs, Sephora and Loro Piana. The subsidiaries are often managed independently, under the umbrellas of six branches: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, Watches and Jewelry, Selective Distribution, and Other Activities. LVMH owns Les Echos-Le Parisien Group, its media subsidiary. The wine estate of Château d'Yquem, whose origins date back to 1593, is under LVMH ownership. Bernard Arnault is the chairman, CEO and largest shareholder of LVMH, making him one of the richest people in the world as of 2023 and 2024.

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Louis Vuitton in the context of Marina Bay Sands

Marina Bay Sands is an integrated resort fronting Marina Bay in Singapore and a landmark of the city. At its opening in 2010, it was deemed the world's most expensive standalone casino property at S$8 billion (US$6.88 billion). The resort includes a 1,850-room hotel, a 120,000-square-metre (1,300,000 sq ft) meetings and conventions facility at Sands Expo & Convention Centre, a 74,000-square-metre (800,000 sq ft) luxury shopping mall, The Shoppes at Marina Bay Sands, an ArtScience museum, a 2,183-capacity theatre, the world's first floating Apple store, the world's first Louis Vuitton Island Maison, celebrity chef and signature restaurants, and a casino with 500 tables and 3,000 electronic gaming machines. The complex includes three towers topped by the Sands Skypark, a 340-metre-long (1,120 ft) skyway connecting the towers with a capacity of 3,902 people and a 150 m (490 ft) infinity swimming pool, set on top of the world's largest public cantilevered platform, which overhangs the north tower by 66.5 m (218 ft). The 20-hectare resort was designed by Moshe Safdie.

The resort is owned by Las Vegas Sands in agreement with the Singaporean authorities. Marina Bay Sands was originally set to open in 2009, but its construction faced delays caused by escalating costs of material and labour shortages from the outset exacerbated by the 2008 financial crisis. This pressured Las Vegas Sands to delay its projects elsewhere to complete the integrated resort. Its owner decided to open the integrated resort in stages, and it was approved by the Singapore authorities. The resort and SkyPark were officially opened on 23 and 24 June 2010 as part of a two-day celebration, following the casino's opening on 27 April that year. The SkyPark opened the following day. The theatre was completed in time for the first performance of Riverdance on 30 November. The indoor skating rink, which uses artificial ice, opened to a performance by Michelle Kwan on 18 December. The ArtScience Museum opened to the public and the debut of a 13-minute light, laser and water show called Wonder Full on 19 February 2011, marked the full completion of the integrated resort.

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Louis Vuitton in the context of Paris Fashion Week

Paris Fashion Week (French: Semaine de la mode de Paris, commonly [la] Fashion Week) is a series of designer presentations held semi-annually in Paris, France, with spring/summer and autumn/winter events held each year. Dates are determined by the Fédération de la Haute Couture et de la Mode. Paris Fashion Week is held at venues throughout the city. It is one of the "Big Four" fashion weeks alongside New York, Milan, and London.

In addition to ready-to-wear shows, there are men's and haute couture shows; these are held semiannually for the spring/summer and autumn/winter seasons. The haute couture collections are always presented and exhibited before the ready-to-wear collections, with there being a total of a little over 100 collections each season. Also, every year, famous brands like Dior, Chanel, Louis Vuitton, Kenzo, Givenchy, and Céline host their shows in historical places such as the Carrousel du Louvre and the Grand Palais.

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