Haute Yachts, News | November 16, 2011

Louis Vuitton Moet Hennessy Has Plans for the Yacht Business

Haute Yachts, News | November 16, 2011

Photo: Live Yachting

Calling all yachting enthusiasts and maritime masters! Louis Vuitton Moet Hennessy, famous for its luxury goods, is stepping up its game and entering the ultimately luxury world – the world of yachts. LVMH has officially teamed up with the Princess Firm in Dubai for this fabulous aquatic endeavor. The Princess Firm is a UK-based yacht company that manufactures some of the world’s most luxurious boats.

Their target country is India and together, these two companies hope to sell five yachts in the next year. Although the economy is still struggling, the yacht community seems to be staying afloat and the demand for these haute water vehicles has increased steadily over the last few years.

If you’re in the market for a new water toy – make sure to check out LVMH and the Princess Firm.

Source: Luxury Launches

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