Louis Vuitton burns all unsold bags each year plus other unusual facts

Believe it or not, designer label Louis Vuitton destroys their unsold bags in order to keep their prices high, according to this collection of unusual trivia. Did you know that the offspring of two pairs of identical twins are genetic siblings? Or that cats’ kidneys are so efficient they can survive drinking seawater? Check out the gallery below for other unusual internet trivia. Click on thumbnails for larger image

Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says

The price points ensure there is something for all tastes and budgets. ‘Hermes is known as the leading luxury handbag designer and it is unsurprising that the iconic Birkin and Kelly designs continue to thrive at auction,’ says Pat Frost, director of Christie’s fashion department. ‘Exquisite quality is at the heart of Hermes handbags and this sale offers the creme de la creme of Hermes designs with a number of timeless pieces and rare exotic leathers. ‘The online-only format of this sale follows hot on the heels of our successful Vintage Couture: Handbags, Luggage and Accessories sale in April this year. ‘This sale which runs for 10 days provides another extended opportunity for buyers around the world to purchase handbags and accessories by some of the greatest designers of all time.’ Handbag history: A lesson Hermes Kelly and Birkin bags continue to be highly sought-after and have become increasingly popular since they were first designed. Birkin bags were inspired by English actress and singer Jane Birkin in the 1980s. In a chance encounter with the former Hermes CEO on an airplane, the celebrity suggested the design for a weekend bag, which paved the way for the consistently popular Birkin bag. The Kelly bag was Blog Link named after Grace Kelly, who in 1956 had just become Princess of Monaco and was seen carrying the original leather ‘Sac a depeche’ to hide her pregnancy.

Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only Louis Vuitton Bags auction from 2pm TODAY

Top seller: Lot 33, the 2011 35cm amethyst matte crocodile Birkin bag has a whopping final sale estimate of up to £28,000

Yes. As a result, LBH wins. Actress Moon Chae Won ‘s little beige dress with the black intricate design is absolutely gorgeous. Classy, simple, and neutral. She definitely did this Louis Vuitton event right in this number.

Vuitton Tones Down Bling in Russia as Wealthy Go Discreet

The trunk maker owned by Paris-based LVMH Moet Hennessy Louis Vuitton SA (MC) lifted prices on bags such as the Speedy and NeverFull by about 10 percent in the euro region, Antoine Belge , an HSBC analyst, said today in a note to clients. Vuitton raised prices by at least 10 percent in the U.K. and U.S., and by 5 percent to 10 percent in Asian markets including China, Hong Kong, Taiwan and Singapore, the analyst wrote. 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 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. His estimate assumes a high single-digit average price increase, including unchanged prices for most leather bags.

Fashion Dissection: Who Rocked It Best At “Louis Vuitton” Opening Event

Foreign Affairs Secretary Albert del Rosario said this was the condition set by President Benigno S Aquino III after an assessment team, of which he is a member, submitted its recommendation to him. Subject to meeting considerations which the Philippines has made to enhance the security and safety of our peacekeepers, the President has expressed the Philippines is prepared to continue its United Nations Disengagement Observer Force participation, he said. He added that the president has agreed to continue with the deployment of the 340 contingent until August 11. Councillor shot dead in Abra MANILA: A councillor was killed and robbed after he bought cattle in Abra province, police said yesterday. Police identified the victim as Rogelio Talingdan, 52, a businessman of Sitio Naguilian, Brgy San Gregorio, Lapaz, Abra. Investigation showed that a gunman approached and shot the victim twice on the head after he negotiated to buy cattle at Brgy Talogtog, Dolores last July 4 at the porch of the cattle market office. The assailant grabbed the victims jacket which reportedly contained P500,000 then ran toward Brgy Kimmalaba also in Dolores, police said.

Louis Vuitton to buy croc skins

Russia is a great place to be, said Douglas Mandel, Christian Dior Coutures general manager in the country. The French label has four stores in Russia including one opened in 2012 in the GUM department store near Moscows Red Square. Moscow Stores Last year, Chanel, Prada, Miu Miu and Donna Karan were among the fashion houses to open or renovate stores in Moscow. Vuitton, the Paris-based maker of $935 wallets, this month opened a boutique in Sochi, the Black Sea resort that will host the 2014 Winter Olympics, according to its website. Gucci, whose sales have doubled in Russia since 2008, is buying back its distribution there.

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