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The world’s most expensive high fashion brand.
Born in 1821, Louis Vuitton started his career as a trunk (suitcase) maker for the wife of Napoleon III. He introduced durable, lightweight and high-end leather designs that were the beginnings of the multi-billion-dollar company we know today. Louis began designing handbags after the 1892 world’s fair.
Did you know that all Louis Vuitton handbags are hand-made? The handbags are made with all-natural leather and require about a week to be created. All bags that are not sold are returned to the manufacturer and destroyed, to keep the demand and value as high as possible. You’ll never find a new Louis Vuitton bag on sale!
Louis Vuitton is just one of the high fashion houses that are valued in billions of dollars. Here are the top 5 luxury fashion brands:
- Louis Vuitton ($32 billion)
- Chanel ($22 billion)
- Hermès ($17 billion)
- Gucci ($15 billion)
- Cartier ($8 billion)
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- Category: Newest Games
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- Category: Exclusive Bonus
Luck can strike as lightning when you least expect it!
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- Category: Technology
An AI-driven space debris-dodging system developed by the European Space Agency (ESA) could soon replace expert teams that deal with huge amounts of orbital collision threats as more and more junk is released into the near-Earth environment. Because there are currently at least five times as many close encounters with objects in orbit than these teams monitor and evaluate, it requires agencies to hire a multi-disciplinary team to work over the clock and prevent these collisions.
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For now, the existing AI algorithms can help the ground-based teams to evaluate and monitor each collision warning and start reducing the number of experts involved as well as dealing with the increased orbital traffic more quickly.
As companies such as SpaceX and Amazon are building huge networks of thousands of satellites, space agencies around the world should follow the ESA’s initiative and develop more ways to keep their satellites and even astronauts safe from harm.
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