
1. Valued at 14.9 billion euros, Louis Vuitton is the world’s highest-value luxury label, according to Bloomberg News. Founded in 1854 by Louis Vuitton, the company is primarily known for its leather goods such as handbags and suitcases. Louis Vuitton merged in 1987 with champagne and wine manufacturer Moët Hennessy, resulting in a new company known as LVMH (Louis Vuitton Moët Hennessy), of which Bernard Arnault has been CEO since 1989.









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