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Interior view of the Louis Vuitton flagship store in the Champs-Elysées. Louis Vuitton Malletier SAS, commonly known as Louis Vuitton (/ l u ˈ iː v ɪ ˈ t ɒ n / ⓘ, French: [lwi vɥitɔ̃] ⓘ), is a French luxury fashion house and company founded in 1854 by Louis Vuitton. [1]
Established in 1960, its global network consists of stores located in major global airports and downtown locations featuring over 750 brands. [ 2 ] [ 3 ] It is privately held and majority owned by the luxury conglomerate Moët Hennessy Louis Vuitton ( LVMH ), alongside DFS co-founder and shareholder Robert Warren Miller .
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]
In 2011, LVMH (Louis Vuitton Moet Hennessy) invested in a 20 percent stake in the company. [12] [13] The Wong brothers have since brought their shares back from LVMH. [14] As of 2015, Charles & Keith has over 300 stores worldwide. [12] [15] [16] [17] In January 2022, Charles & Keith opened its third concept boutique at Kaohsiung's E Sky Mall.
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Alexandre is the EVP of Tiffany & Co., Frédéric is the CEO of LVMH Watches, [55] and Jean is the Director of Watchmaking Marketing and Development at Louis Vuitton. [56] Since 2010, Arnault's daughter Delphine has been with Xavier Niel , a French billionaire businessman active in the telecommunications and technology industry.