Fashion Dissection: Who Rocked It Best At “Louis Vuitton” Opening Event
He’s young and one of the hottest stars and this look just ages him by 10 years. Put a cigar in his mouth, a glass of champagne in his right hand and a blonde bimbo on his left and they’ll dub him the new Korean Playboy. Lee Byung Hyun ? could wear a paper bag as a suit and he’d still look fine. Am I feeling the double-breasted blazer? No.
Sorry Louis Vuitton, China’s No Longer Into You
Artemis is already struggling with the loss of its boat and of strategist Andrew Bart Simpson who died on May 9 when the teams 72-foot catamaran capsized in practice, trapping him under the wreckage. The Swedish team will skip the opening races of the Louis Vuitton Cup challenger series in order to be ready to race by the end of the month. Another issue for this tournament has been economics. Organisers originally predicted 15 teams would compete. Instead there are four. By demanding teams sail multihulls (the defending champion gets to set the rules of the Cup), Ellison set the cost of the boats at up to $US8 million, and the global financial crisis stopped many players review from taking part. This year, with Artemis injured and Italy sailing a copy of Team New Zealands first boat, the competition during the Cup may not be as strong as hoped.
Louis Vuitton series sets off as America’s Cup drama begins
Brands from different segments ranging from Chanel to Coach or Burberry are continuing to grow. The Chinese market is still developing. In order to stay ahead of the game, brands must have the ability to adapt (and) reduce the risk of brand saturation. In the case of Louis Vuitton, LVMH has already shifted gears, putting the brakes on its global expansion, while raising prices and developing more leather upmarket products, he said. This years China World Luxury Index shows Chinese consumer interest in the luxury fashion segment is mostly fixated on 10 global brands. After Chanel and Louis Vuitton comes Gucci in third place, followed by Hermes, Coach, Prada, Dior, Burberry, Giorgio Armani and Versace at No. 10. Hand bags and wallets dominate the Chinese fashionaccessories market, generating almost 90% of total interest in these names, according to the survey.
Louis Vuitton parent company LVMH fined 8 million Euros in Hermes case
After much name calling, accusation throwing and general slinging of verbal mud, French regulatory board AMF condemned LVMH for ‘failing to follow market rules’, when it discretely accumulated a significant stake in Hermes stocks. Citing the “seriousness of the successive breaches of public disclosure requirements, which consisted in concealing each stage of LVMH’s stake-building in Hermes,” as the fuel behind the hefty fine, the AMF appear to be in no doubt that there’s been foul play. LVMH however, continues to disagree. Brandin both the claim and punishment to be ‘unfounded’, the conglomerate has said it will appeal against the decision, despite further cases being already lodged against it by, yep you guessed it, Hermes. Though this chapter may be settled for now, expect more drama as the cases continue to pile up! Thoughts?