LVMH, popularly known as Louis Vuitton, has a total of 11808 patents globally, out of which 10011 have been granted. Of these 11808 patents, more than 73% patents are active. European countries is where Louis Vuitton has filed the maximum number of patents, followed by USA and the United Kingdom, it has generated an annual revenue of $69.35 billion in the year 2021. Parallelly, France seems to be the main focused R&D center and is also the origin country of Louis Vuitton.
LVMH was founded in the year 1854 by Louis Vuitton. LVMH is a luxury fashion house based in France. Its products includes anything from high-end handbags and leather items to ready-to-wear, shoes, jewellery, accessories, sunglasses, and books. As of April 2022, Louis Vuitton has a market cap of $348.15 Billion.
Do read about some of the most popular patents of Louis Vuitton which have been covered by us in this article and also you can find Louis Vuitton’ patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Louis Vuitton’ patent portfolio.
How many patents does the founder and the CEO of Louis Vuitton have?
The founder, Louis Vuitton, has 24 patents. The CEO and Chairman, Bernard Arnault, has 0 patents.
How many patents does Louis Vuitton have?
Louis Vuitton has a total of 11808 patents globally. These patents belong to 5757 unique patent families. Out of 11808 patents, 8695 patents are active.
How Many Patents did Louis Vuitton File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Louis Vuitton Applications Filed||Louis Vuitton Patents Granted|
How many Louis Vuitton patents are Alive/Dead?
How Many Patents did Louis Vuitton File in Different Countries?
Countries in which Louis Vuitton Filed Patents
|United States Of America||1119|
|Hong Kong (S.A.R.)||725|
|United Arab Emirates||394|
|Bosnia and Herzegovina||10|
Where are Research Centers of Louis Vuitton Patents Located?
10 Best Louis Vuitton Patents
USD666503S1 is the most popular patent in the Louis Vuitton portfolio which talks about the design of a wrist watch! It has received 153 citations so far from companies like Apple, Cartier International, and Harry Winston.
Below is the list of 10 most cited patents of Louis Vuitton:
|Publication Number||Citation Count|
Which Companies are using Louis Vuitton Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Louis Vuitton patent portfolio are Loreal, Procter and Gamble, and Google.
List of the top forward citing Companies –
|Company||Number of Patents|
|Procter & Gamble||5|
|J Oil Mills||3|
|The Swatch Group||2|
Count of 102 and 103 Type Rejections based on Louis Vuitton Patents
Top Louis Vuitton Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejected Applications|
Versions of two of Louis Vuitton’s monogram handbags with built-in flexible OLED digital screens were released earlier in 2020. The Canvas of the Future bags are constructed of PVC-coated canvas with a Louis Vuitton monogram design in brown and cream, with black patent leather on the sides, and have working video screens. According to Louis Vuitton, the pieces aim to blur the boundaries between your smartphone and bag – a “fusion of savoir-faire and innovation”.
LVMH, Richemont, and the Prada Group have joined together for the first time to develop the Aura Blockchain Consortium (or Aura for short), a blockchain platform greater than Gucci x Balenciaga. Customers of these businesses will be able to track the origins of the luxury goods they buy through Aura, all the way down to the ingredients used to make them.
But what is a blockchain?
A blockchain is a secure, permanent, and public record of transactions. Blockchains, unlike the ledgers maintained and updated by traditional institutions, are widely considered as transparent since their data cannot be manipulated.
For Aura, the blockchain acts as a database of luxury products. In the same way that artworks are now linked to NFTs, each product will be given its own digital identification. Consider it a digital equivalent of the certificates that often accompany high-end watches.
Luxury brands will record the origins of their items on these digital certificates. The certificates in Louis Vuitton’s exhibit reveal the origins of the raw materials used in their products, as well as the factories where they were made and the store where they were eventually purchased. You’ll be able to determine what type of leather your Louis Vuitton purse is made of!
You’ve probably experienced the frustration of attempting to determine whether a designer purse offered on eBay, Carousell, or Vestiaire Collective is genuine. All of that uncertainty, as well as the pain of buying a copycat, will be eliminated with Aura.
EXCLUSIVE INSIGHTS COMING SOON!
What are Louis Vuitton’s key innovation segments?