Looking for a place to cast that $18,000 Chanel fishing rod? Well, there will be plenty of room on the deck of your new Louis Vuitton yacht. That's right, while most people are watching in horror as their 401Ks shrivel up like worms on a hot sidewalk, Louis Vuitton decides to get into the yacht business. Go figure. Louis Vuitton's parent company LVMH recently bought out legendary Dutch yacht-builder Royal Van Lent to go with all their other luxury brands.

Apparently, the LV luxury conglomerate didn't just buy just any old yacht builder, Royal Van Lent builds some of the largest, most luxurious über yachts on the planet. The way we see it, when you buy a yacht, luxury pretty much comes standard, so it'll be interesting to see exactly what LVMH does to take their yachts above and beyond. Maybe they'll include a fully-stocked champagne fridge or cargo hold full of Hennessey. They ought to at least include leather upholstry stamped with those classic LV logos.

[via BlackBook]