Brand




The Louis Vuitton brand and the LV monogram are among the world's most valuable brands. According to a Millward Brown 2010 study, Louis Vuitton was then the world's 19th most valuable brand, and was estimated to be worth over US$19 billion. For six consecutive years, Louis Vuitton was number one of the 10 most powerful brands list published by the Millward Brown Optimor's 2011 BrandZ study with value of $24.3 billion. It was more than double the value of the second ranking brand.

Louis Vuitton is one of the most counterfeited brands in the fashion world due to its image as a status symbol. Ironically, the signature Monogram Canvas was created to prevent counterfeiting. In 2004, Louis Vuitton fakes accounted for 18% of counterfeit accessories seized in the European Union.

The company actively seeks to eradicate counterfeiting, and employs a team of lawyers and special investigation agencies to pursue offenders through the courts worldwide. The company allocates approximately half of its communications budget to counteract counterfeiting of its goods. LVMH, Vuitton's parent company, has described "Some 60 people at various levels of responsibility working full-time on anti-counterfeiting in collaboration with a wide network of outside investigators and a team of lawyers." The company closely controls the distribution of its products. Until the 1980s, Vuitton products were widely sold in department stores, such as Neiman Marcus and Saks Fifth Avenue. Today, Vuitton products are primarily available at company-owned Louis Vuitton boutiques, with a small number of exceptions noted in upscale shopping districts or inside luxury department stores. Company boutiques within department stores operate independently, and are operated by company managers and employees. LV has an official online store, through its main website.

In 2006, the company filed a lawsuit against Colorado-based Manifest Information Services Ltd. (aka Manifest Hostmaster and Manifest.com), through WIPO, in order to compel Manifest transfer the domain name LV.com to Louis Vuitton; the legal action failed and the domain was subsequently acquired by Liverpool Victoria (LV=), England's largest fraternal insurance company.

Several high-profile rap music artists have mentioned the company in song lyrics, most notably: Bohemia, Kanye West, Juicy J, and Wiz Khalifa.

Comments

Post a Comment

Popular posts from this blog

Products

Image
Since the 19th century, Louis Vuitton trunks have been made by hand. Contemporary Fashion gives a preview of the creation of the LV trunks: The craftsmen line up the leather and canvas, tapping in the tiny nails one by one and securing the five-letter solid pick-proof brass locks with an individual handmade key, designed to allow the traveler to have only one key for all of his or her luggage. The wooden frames of each trunk are made of 30-year-old poplar that has been allowed to dry for at least four years. Each trunk has a serial number and can take up to 60 hours to make, and a suitcase as many as 15 hours. Iconic bags of Louis Vuitton include the Speedy bag and Neverfull bags. Each season Louis Vuitton produces rare, limited edition bags that are generally only available by reservation through larger Louis Vuitton stores. citation needed Many of the company's products utilize the brown Damier and Monogram Canvas materials, both of which were first used in the late 19th centu
Read more

History

Image
Founding to World War II edit The Louis Vuitton label was founded by Vuitton in 1854 on Rue Neuve des Capucines in Paris, France. Louis Vuitton started at $10,567 as a sales price. Louis Vuitton had observed that the HJ Cave Osilite trunk could be easily stacked. In 1858, Vuitton introduced his flat-topped trunks with trianon canvas, making them lightweight and airtight. Before the introduction of Vuitton's trunks, rounded-top trunks were used, generally to promote water runoff, and thus could not be stacked. It was Vuitton's gray Trianon canvas flat trunk that allowed the ability to stack them on top of another with ease for voyages. Many other luggage makers later imitated Vuitton's style and design. The company participated in the 1867 Universal Exhibition in Paris. In 1871, Ōyama Iwao became the first recorded Japanese customer, ordering a set of luggage while in Paris as a military observer during the Franco-Prussian War. To protect against the duplication of his look,
Read more

Outstanding Logo Design Services

There's much to designing an excellent logo besides simply that, regardless of what folks might say. A poorly designed logo can look like quite a small thing, but in actuality, it represents the business or brand, and should clearly communicate the values, personality, and so much more. To put simply, a poorly designed logo will do nothing more than detract from the overall effectiveness of the advert. The same holds true if the logo being designed is something that's not suited to the business, or if it does not represent the brand at all. It may also look like an appropriate design for another firm with slightly different goals, however they will be much less successful at achieving success with it. So how do you make sure that your logo makes the best use of its resources? The answer lies in the best use of the resources available to a company, in particular, the best use of Tamil nayak (traditional Indian art form of drawing). Many professional designers may prefer to use A
Read more