Louis Vuitton, publicly owned and headquartered in France, was founded in 1854 and employs approximately 18,000 individuals. Operating as a luxury fashion house, its parent company is LVMH. The company specializes in retail luxury goods and jewelry, producing a range of items from luxury bags and leather goods to ready-to-wear, shoes, watches, jewelry, accessories, sunglasses, and books. It distributes these products through its standalone boutiques, high-end departmental stores, and the e-commerce section of its website.
LVMH, the parent company of Louis Vuitton, stated on June 26 that its flagship brand wasted no water in the giant artificial waterfall constructed to open Paris Fashion Week on June 23. This statement followed scrutiny regarding water usage as the French capital experienced a record-breaking heatwave. Earlier on June 26, Louis Vuitton introduced its Men’s Spring/Summer 2026 accessory, the Rickshaw Wearable Wallet. Crafted from canvas with a cowhide-leather trim and golden hardware, this item is priced at ₹35 lakh. Also on June 26, the brand launched LV Crayon, a new lip artistry category. This release marks a further expansion into cosmetics, following the earlier unveiling of La Beauté this year under the creative direction of Dame Pat McGrath.
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