There has been a lot of confusion and speculation around the fashion industry regarding the ownership of luxury brands. One such question that is often asked is whether Michael Kors owns Louis Vuitton. In this article, we’ll explore this question in detail and put an end to all the rumors.
Firstly, it’s essential to understand that Michael Kors and Louis Vuitton are two different luxury brands with their unique style, history, and ownership. They have no direct affiliation or connection with each other.
Michael Kors is an American fashion brand founded by designer Michael Kors in 1981. The brand specializes in ready-to-wear clothing, handbags, shoes, accessories, and fragrances for both men and women. In 2011, the company went public and became known as Capri Holdings Limited.
On the other hand, Louis Vuitton is a French luxury brand founded in 1854 by Louis Vuitton. The brand is famous for its iconic monogrammed leather goods and high-end fashion products like clothing, jewelry, watches, perfumes, and accessories.
Now that we’ve established that both these brands are separate entities let’s delve deeper into how these rumors started.
One possible reason could be due to a merger between Michael Kors’s parent company Capri Holdings Limited (formerly known as Michael Kors Holding) and Versace in 2018. This merger created a new powerhouse group within the fashion industry with three luxury brands under one roof – Michael Kors, Versace, and Jimmy Choo.
However, Louis Vuitton was not part of this merger or acquisition in any way. It remains a separate entity under its parent company LVMH (Louis Vuitton Moët Hennessy), which also owns other luxury brands like Dior, Fendi, Givenchy among others.
In conclusion, there is no truth to the rumors that Michael Kors owns Louis Vuitton. Both these brands are separate and have their unique ownership, history, and style. It’s always important to fact-check before believing any rumors or misinformation circulating on the internet.
Hopefully, this article has cleared up any confusion around the ownership of these luxury brands. Remember to stay informed and always verify any information you come across before accepting it as true or spreading it further.
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