Louis Vuitton is the world's most valuable luxury brand and is a division of LVMH. Its products include leather goods, handbags, trunks, shoes, watches, jewelry and accessories. Most of these are adorned with the LV monogram. It is one of the most profitable brands in the world with profit margins approaching 40%. Louis Vuitton celebrated its 160th anniversary in 2014. Recent product endorsers of the brand include Angelina Jolie, Muhammad Ali and Michael Phelps.