2. 1854
• Birth of the world's leading international fashion houses, headquartered in Paris, France
1858
• Vuitton introduced his first flat-bottom trunks with trianon canvas (lightweight and airtight)
1885
• company opened its first store in London, England on oxford street
1888
• Louis Vuitton went on to create and trademark the Damier Canvas pattern for its range of luggage and trunks
1892
• When Louis Vuitton died his son Georges Vuitton took over the company and in 1896 Georges Vuitton created
the iconic LV Monogram Canvas
1985
• Louis Vuitton introduced its first leather line
1987
• merging of Louis Vuitton with Moët et Chandon and Hennessy, thus creating the world’s largest luxury
conglomerate – LVMH
1997
• Louis Vuitton launched it’s foray into women’s wear with its first ready-to-wear line, masterminded by the newly
appointment creative director Marc Jacobs. Jacobs stayed on as creative director at LV until 2013
2017
• the total number of stores the LVMH Group had worldwide was 4,374
How It All Began After All?
9. Price
• Premium Pricing and Value Based Pricing
– Luxury image
– Selling Point
• Never on sale!!
• Price range:
– Handbags: $550 - $3,700
(INR 38,500- 2,59,000)
– Wallets: $200 - $700
(INR 14,500- 49,000)
10. • Online
• Department Stores:
– Macy’s New York
– Bloomingdales
– Saks Fifth Avenue
• Exclusive Distribution
– Limited number of stores
and retailers ( only 3
stores in India ; Delhi ,
Mumbai and Bangalore)
– Direct channels: Free-
Standing Store
Place
12. Emphasize on brand promotion
Don’t emphasize on sales promotion
– To reinforce their luxury image
PR is through
– Sponsorship
• “Louis Vuitton Cup 2007”
• “LVMH Young Artists’ Award”
LOUIS VUITTON'S AMERICA'S CUP
LVMH Website - “The Magazines”–
Endorsements: Jennifer Lopez, Kate Moss,
Uma Thurman, and Scarlett Johansson
In India celebrities like Deepika Padukone
carries a LV handbag
Promotion
15. Demographic
• Louis Vuitton‘s target
market consists of
individuals who have a
higher income, the
higher the propensity to
purchase luxury goods.
Geographic
• One of the most
important markets of
Louis Vuitton is not from
Paris where its original
is, but Asia. And it is said
that the mainland
Chinese were Louis
Vuitton's third-largest
customer segment in
the world in 2015.
Psychographic
• 46% of LV customers are
Self-indulger, 33% are
quality seeker and 21%
are status seekers.
17. Target The historical target of Louis Vuitton
is the urban middle aged woman
35+
The new target, the one impacted
by social media
18-25, willing to access the luxury
world, present on
social media, impacted by young
influencers.