Louis Vutton himself founded Louis Vutton, originally called Louis Vutton Malletier in 1864. The name is further shortened to LV and its mark is found in almost all of its products, which range from bags, trunks, shoes, watches, accessories. Louis Vutton is very well renowned and is one of the largest fashion houses.
Gucci was founded in 1921 by guccio Gucci. It’s an Italian fashion house part of the Gucci group. It’s the best selling Italian brand. Its deals in luxury good as bags, sunglasses, watches.
Key success factors in the fashion industry For the fashion industry, the key success factors depends upon the brand and how well its able keep up with the change in fashion.
1. Change in fashion, style – fashion changes