BUSINESS ETHICS
LOUIS VUITTON EVOLUTION
Louis Vuitton malletier A.K.A. Louis Vuitton, a French luxury fashion
house.
Louis Vuitton is one of the world’s leading international fashion house.
The company operates in 50 countries with more than 460 stores worldwide.
1. Foundation and Early Years (1854-1892):
Founded by Louis Vuitton in 1854 in Paris.
Introduced lightweight, waterproof canvas trunks in 1858.
Created the Damier Canvas pattern in 1888 to prevent counterfeiting .
2. Expansion and Innovation (1892-1936):
Georges Vuitton took over in 1892, creating the LV monogram canvas in 1896.
Opened international stores in New York, London, and Buenos Aires.
3.Diversification and Prestige (1936-1987):
Under Gaston-Louis Vuitton, the product line expanded to include small leather goods.
Introduced a more supple monogram canvas in 1959 for handbags.
4.Modern Era and Global Domination (1987-Present):
Merged with Moët et Chandon and Hennessy in 1987 to form LVMH.
Marc Jacobs launched LV’s first ready-to-wear clothing line in 1997 and initiated artist
collaborations.
Nicolas Ghesquière became artistic director in 2013, continuing innovation and heritage respect.
5.Recent Developments:
Emphasis on digital transformation and online presence.
Continued artist collaborations and modern design innovations.
Focus on sustainability and ethical practices in sourcing and manufacturing.
Company type Subsidiary (SAS)[1]
Industry Fashion
Founded 1854; 170 years ago
Paris, France
Founder Louis Vuitton
Headquarters 2 Rue du Pont Neuf
75001 Paris
France
48.8593°N 2.3439°E
Key people •Pietro Beccari (CHM, CEO)
•Delphine Arnault (VP)
•Nicolas Ghesquière (CD, Women's)
•Pharrell Williams (CD, Men's)
Products •Handbags
•accessories
•ready-to-wear
•shoes
•watches
•jewelry
Revenue €14 billion (2020)[2]
Number of employees 19,000 (2013)[3]
Parent LVMH
Website louisvuitton.com
Strategic management of Louis Vuitton
Louis Vuitton collections are exclusively produced in the lv
workshops in France, Italy, Switzerland, and USA.
Suppliers are kept secret since many fakes are made.
1. Brand Heritage and
Innovation
2. Product Diversification
3. Quality Control and
Craftsmanship
STERNGTHS WEAKNESS
Brand heritage High prices
Product Quality
Global presence Counterfeiting
Innovation
Strong Marketing Limited Market Segment
OPPORTUNITIES THREATS
Economic Downturns
Emerging Markets
Intense Competition
E-commerce Growth Change consumer preference
Regulatory changes
Sustainability
Product Diversification
PRODUCTS
LIST