R.M.Williams is an iconic Australian brand that has been around since 1932. The brand is known for its high-quality leather boots and accessories that are both functional and stylish.
Over the years, there have been many rumors about who owns R.Williams, with one of the most persistent rumors being that Louis Vuitton has acquired the brand. In this article, we will explore the truth behind these rumors and whether or not R.Williams is owned by Louis Vuitton.
Who is R.Williams?
Before we delve into the question of ownership, let’s take a moment to understand who R.Williams is and what they are known for. Reginald Murray Williams, the founder of R.Williams, was a bushman from South Australia who started making boots in his backyard in 1932. He soon gained a reputation for making high-quality boots that were both durable and comfortable.
Today, R.Williams is a globally recognized brand that produces a range of products including boots, clothing, accessories, and even homeware. The brand is synonymous with quality craftsmanship and Australian heritage.
The Louis Vuitton Rumors
In recent years, there have been numerous rumors circulating about Louis Vuitton’s supposed acquisition of R.Williams. Some reports suggested that LVMH – the parent company of Louis Vuitton – had purchased the brand for AUD $104 million in 2014.
However, these rumors were put to rest when it was announced in 2018 that R.Williams had been sold to a new owner – Andrew Forrest’s investment company Tattarang – for an undisclosed amount. The sale included all aspects of the business including manufacturing facilities, retail stores, and intellectual property rights.
R.Williams Today
Under the ownership of Tattarang, R.Williams has continued to thrive and grow. The brand has expanded its product range and opened new stores both in Australia and overseas. In 2019, R.Williams even collaborated with Australian designer Marc Newson to release a limited edition collection of boots.
Despite the change in ownership, R.Williams has remained true to its roots. The brand still uses high-quality materials and traditional craftsmanship techniques to produce its products. And while the brand may have grown in popularity, it has never lost sight of its heritage or commitment to quality.
Conclusion
In conclusion, the rumors about Louis Vuitton owning R.Williams are just that – rumors. The brand is currently owned by Tattarang and continues to produce high-quality products that are both stylish and functional.
While it’s always interesting to speculate about the ownership of our favorite brands, it’s important to remember that what really matters is the quality of the products they produce. And when it comes to R.Williams, there’s no doubt that they continue to be one of Australia’s most iconic and respected brands.