Even North West’s changing bag is designer! Kanye takes some time out from daddy duties as he heads out for lunch toting a Louis Vuitton holdall
And he was so good-looking and tiny – his waist, his hips. I was fascinated.’ She points out that contemporary Bowie is wearing Louis Vuitton in his latest video: ‘A men’s spring/summer jacket,’ she says proudly. The other pairing in the room is two furry Burmese cats. ‘My father got them for my son,’ she says. ‘He was meant to bring one, but you can’t separate a brother and sister.’ De Libran joined Louis Vuitton nearly five years ago as a womenswear director and, under the creative direction of Marc Jacobs, is the designer of Icons, the house’s line of classic pieces, as well as the cruise and pre-fall collections. These are the (now increasingly significant) interim collections that appear in the London stores in November and July respectively, just when regular customers need a fresh fashion fix. ‘Women want to add some excitement to their wardrobe all year round,’ says de Libran.
Vuitton Tones Down Bling in Russia as Wealthy Go Discreet
Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says
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?
2 spot. David Sadigh, Founder & CEO of Digital Luxury Group,said Louis Vuittons weak first quarter had a lot to do with China being over-sold the brand. 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.
Louis Vuitton parent company LVMH fined 8 million Euros in Hermes case
God gave me talent. Discretion wasnt always fashionable among Russians. Animal print bras, gaudy frocks and logoed luggage were de rigueur in 1990s as the wealthy few sought to relive pre-1917 revolution excesses, according to Alla Verber, fashion director at Tsum department store in Moscow. Gangsters Girls Then, a typical new Russian was a gangster-type man in a garish jacket accompanied by heavily made-up girls, she said. Now tastes have changed. Kering SA (KER)s Gucci was the biggest luxury brand in Russia in 2011 with sales of 6.74 billion rubles ($208.6 million), ahead of LVMH Moet Hennessy Louis Vuitton SA (MC)s Donna Karan and Vuitton, estimates Euromonitor. Hermes and Prada rounded out the top five, according to the researcher. Kering (KER) gained 1.1 percent today in Paris trading. LVMH rose 3 percent, while Hermes increased 2.1 percent. The shift to less conspicuous consumption is a familiar cycle, says Claudia DArpizio, a partner at consultant Bain & Co.
Sorry Louis Vuitton, China’s No Longer Into You
The euros strength against some currencies may lead LVMH to charge more, Chairman and Chief Executive Officer Bernard Arnault said Jan. 31. Vuittons price increase in Japan, the biggest ever by the brand in the country, was taken to offset the impact of the yens slide on sales, the company said Feb. 20. In addition to protecting margins, the price increases must be seen, in our view, as a means to accelerate LVs repositioning towards more leather, Belge wrote. The decision will probably weigh Visit Your Url on the number of items sold, though its the right thing for brand equity longer term. Vuittons 2013 sales may rise 6 percent, excluding currency moves, while volume may decline 2 percent to 3 percent, Belge wrote.