Louis Vuitton
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Louis Vuitton is the world’s most valuable luxury brand and is a division of LVMH. Its products include leather goods, handbags, trunks, shoes, watches, jewelry and accessories. Most of these are adorned with the LV monogram. It is one of the most profitable brands in the world with profit margins approaching 40%. Long-time creative director Marc Jacobs left Louis Vuitton in 2013 after 16 years in charge of the brand. He plans to focus on his own Marc Jacobs line, which is also owned by LVMH. Recent product endorsers of the brand include Angelina Jolie, Muhammad Ali and Michael Phelps.”re.
