I love LV! But I also like MCM. I own a backpack and a hobo bag. The quality is excellent, sometimes I think better than LV. My hobo bag is my winter workhorse-nothing happens to this bag! Snow, rain, you name it! Plus, it has also a crossbody strap, major plus for me. The bag is so indestructible, that I’m considering buying one of their totes as a diaper bag for when my baby comes! I would never consider an LV tote for that...
However, in terms of luxurious image and history one cannot compare the two brands.
What I like about MCM is that they also have black canvas, which is much more discreet and goes with my wardrobe, whereas LV brown canvas has limited options for me personally. Also, I have the feeling that lately LV doesn’t offer bags that are practical to me, which makes me really sad.
Bottom line, LV is for sure the brand I love, but i like MCM’s Black canvas.