Louis Vuitton bags to get even MORE expensive as luxury fashion giant Important Link raises prices by up to 12per cent
So is Louis Vuitton’s updated version of the Neverfull handbag. An iconic shape among the LV collection, the previously monogrammed tote is now available in a range of brightly dyed Epi leather textures, with statement red, fuchsia pink and tangerine (or Piment as they call it) leading the pack. Spacious and chic, the longstanding bag shape offers flexibility when it comes to dressing up or down, while those new hues are set to steal hearts the bag world over. What do you think? Loving the new Louis Vuitton? CLASSIC HANDBAG: Louis Vuitton Neverfull Epi in Piment orange
Theyre also, of course, traveling by private plane. The video has sparked criticism from all over the world, prompting Thailands Office of National Buddhism to announce it is now monitoringAthe monks for inappropriate behavior. The agencysAdirector-general Nopparat Benjawatananun said this week : When Lord Buddha was alive, there wasnt anything like this. There were no cars, smartphones or cameras, so the rules were much simpler. While the monks need to keep themselves abreast of new knowledge, current events and technology, they are restrained to choose the appropriate tools. Nopparat added that the Buddhist monks in the video were acting inappropriately, not composed and not adhering to Buddhas teachings of simplicity and self-restraint. Glad thats settled. He did, however, offer one interesting piece of data by way of explanation: AIn many cases, it was the followers who gave the monks the luxury. Some bought them sports cars. This is by no means necessary. While it is ridiculous that followers of Buddhism would think 1) a Louis Vuitton bag is a cool thing to buy and 2) they should totally give it to a monk to show their appreciationwe think carrying logo purses is gross regardless of your commitment toAasceticism. Sorry not sorry.
Buddhist Monks’ With Louis Vuitton Bags, Aviators Spark Outrage
Consumption is weaker in Europe, Taiwan and Korea and China isnt as buoyant as it was two years ago, PPR Chief Financial Officer Jean-Marc Duplaix said in April after its Gucci brand reported its slowest sales growth since 2009, excluding currency swings. Yet Sephora and DFS keep growing. New stores in Shanghai and Hong Kong fueled a 17 percent gain in first-quarter comparable sales at the Selective Retailing division as the regions nascent middle class splurged on goods like Bobby Brown cosmetics and Johnnie Walker whisky. LVMH declined to make executives available to discuss the business. Wide Appeal Providing a broad range of skincare and fragrances has been key to Sephoras success since it was founded in 1969. Acquired by LVMH in 1997, it has become the worlds biggest beauty retailer, with Louis Vuitton Bags about 1,300 shops in 27 countries. Sephora plans to open about 120 stores a year through 2017, Sanford Bernstein estimates.
LVMH Lipstick Growing Bigger Than Bags as Vuitton Slows: Retail
Pricey accessories: Louis Vuitton has raised the prices on many of its best-selling items by up to 12per cent – pictured is the Speedy handbag (left) and Neverfull tote (right) According to analysts’ estimates canvas items make up about two-thirds of Louis Vuitton’s total accessories sales. Price increases of around ten per cent were spotted in the euro zone, and of ten per cent or more in the UK and in the U.S. over recent months. It also noted hikes of five to ten per cent on the same goods in several Asian markets including China, Hong Kong, Taiwan and Singapore. Where ARE your clothes made, Juicy Couture? Confusing slogan says ‘manufactured in the glamorous USA’ but tags read ‘made in Vietnam’ Japan was the first to feel the pinch. On February 15 prices were upped by about 12per cent to account for the yen plummeting to a three-year low against the dollar and the euro. A spokesperson for Louis Vuitton explained to Bloomberg at the time: ‘We are an importer, so the weakening yen and rising raw material prices are part of the reason for the price increase.’ Analysts said the higher prices are unlikely to drive away its most loyal customers, who often don’t check price tags before they buy.