French group LVMH is behind worlds most prestigious brands like Louis Vuitton, Moet & Chandon, Fendi, Christian Dior have presence in multiple luxury categories. Recently LVMH bought Jewelry brand Bulgari, but now their main preoccupation is business of making luxury yacht. In 2008 the company acquired UK-based yacht builder Princess Yachts and now surely take its place in the heavyweight luxury goods group with the launch of the first of their M class vessels.
The first model in the series, the 32M, was unveiled at the London Boat Show in January 2011. Princess 32M, $11 million long range cruising yacht boasting a huge saloon among other amenities, is available with a choice of four or five cabins, including a master suite with a split level bathroom, two or three double bedrooms and a twin room. In London Princess also showcased lavish interior from Fendi and Armani Casa, some of the companies luxury brand.
Next year company plans to rollout 40M, a 130 foot tri-deck vessel complemented by the ultimate luxurious touch — a sumptuous set of matching Louis Vuitton luggage. Princess has invested heavily in products across their entire size range and 2010 saw the company launch 5 new models, some of which will make their London debut at the show. [Luxuo]