Luxury goods are said to have high income elasticity of demand: as people become wealthier, they will buy more and more of the luxury good. Louis Vuitton is a French luxury fashion and leather goods company. Founded in 1854, one of the main divisions of LVMH is headquartered in Paris, France. Known especially for bags and trunks, the company collaborates with prominent figures for marketing and design.

Internationally renowned and highly regarded for name recognition in the fashion world, as a result LV has become one of the most counterfeited contemporary luxury brands.

First released in the 1930s, the Louis Vuitton Speedy handbags should be the masterpeice of the classic. These years, the house of Louis Vuitton has added much more creative elements to the traditional Speedy, including denim, black/white murakami, cherry print and any other brand new vivid ones. What’s more important, each of them features very chic and deserves to be lionized.

Louis Vuitton also design fabulous bags for men. Apart from the Sports Bag and Reporter, Louis Vuitton Omotesando will also be selling Men’s Spring 2009 footwear, a Sneaker Boot and a Sneaker that stylishly utilizes the iconic Louis Vuitton Monogram.

Louis Vuitton is one of those few luxury brands that are still growing and innovating despite the recession. Tambour Mystérieuse is the most high-end timepiece from the new men watch.