Fashion designer Donna Karan founded the Donna Karan New York (DKNY) fashion label in 1985. In 2001, LVMH announced plans to acquire a controlling stake in DKNY and the Donna Karan company. Fashion designer Giorgio Armani founded his eponymous fashion label Giorgio Armani SpA in 1975 and has since become one of the most influential designers in the world, dressing celebrities and creating lines of clothing, cosmetics, perfumes and eyewear. Fashion designer Louis Vuitton founded his luxury goods brand in 1854 and is renowned for its monogram canvas bags and travel luggage; the brand remains family-owned.