Louis Vuitton Malletier, commonly referred to as Louis Vuitton, or shortened to LV, is a French fashion house founded in 1854 by Louis Vuitton. The label's LV monogram appears on most of its products, ranging from luxury trunks and leather goods to ready-to-wear, shoes, watches, jewelery, accessories, sunglasses and books. Louis Vuitton is one of the world's leading international fashion houses; it sells its products through standalone boutiques, lease departments in high-end department stores, and through the e-commerce section of its website. For six consecutive years, Louis Vuitton was named the world's most valuable luxury brand. 2012 valuation was US$25.9 billion. Year 2013 valuation of the brand was US$28.4 billion with a sales of US$9.4 billion. The company operates in 50 countries with more than 460 stores worldwide