26 Feb '14, 2pm

$30B luggage fortune: Bernard Arnault explains success of Louis Vuitton

$30B luggage fortune: Bernard Arnault explains success of Louis Vuitton

Louis Vuitton has become synonymous with luxury travel through their now iconic monogrammed trunks. Forbes estimates the brand is worth just a little shy of $30 billion. Since its founding in Paris in 1854, the Louis Vuitton company catered to the more glamorous-minded members of society, including empresses, explorers and artists. In this photo from 1888, Louis Vuitton's son Georges and grandson Gaston-Louis pose with factory workers in front of a horse-drawn delivery van. In order to meet the growing demand for his trunks, Louis Vuitton opened a new workshop in Asnières, northwest of Paris in 1859. The factory, seen here on the back of the 1897 Vuitton catalog, was designed using the most modern architectural developments of the time. Here, a group of workers is photographed inside the workshop in 1909. The company's long history has been inextricably linked to travel, a...

Full article: http://edition.cnn.com/2014/02/26/business/how-a-fortune-...

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rt @pursuitist Louis Vuitton Designs Carbon Fiber Luggage Collection For BMW i8 #luxury

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