And with its cavernous interior, versatile side drawstrings to adjust the shape of the bag, and impeccable construction (this is Louis Vuitton, after all), it might just be the perfect carryall. So you can imagine our excitement when we learned that for the first time, the iconic French brand released a collection of Neverfull totes in a dazzling array of colored Epi leather. Now, you may be asking what’s so hot about Epi leather, especially since it’s ribbed and structured rather than soft and supple. That raised texture means that it can withstand a beating (read: this bag knows how much it’s going to be used, and it’s ready to last a lifetime). But the best part about this new collection just may be the colors.
A monk with Louis Vuitton luggage causes huge scandal
“Over the years there have been several cases of men who abused the robe, but never has a monk been implicated in so many crimes,” said Pong-in Intarakhao, the case’s chief investigator for the Department of Special Investigation, Thailand’s equivalent of the FBI. “We have never seen a case this widespread, where a monk has caused so much damage to so many people and to Thai society.” Cases of monk misconduct in recent years have centered on alcohol use or cavorting with women or men, all forbidden activities. Last year, about 300 of Thailand’s 61,416 full-time monks were reprimanded and in several cases disrobed for violating their vows, according to the Office of National Buddhism. In Wirapol’s case, investigators believe they have only scratched the surface. Born in the poor northeastern province of Ubon Ratchathani, he entered the monkhood as a teenager and gained local renown for claims of supernatural powers like the ability to fly, walk on water and talk to deities. He renamed himself, Luang Pu Nen Kham, taking on a self-bestowed title normally reserved for elder monks. Gradually, he cultivated wealthy followers to help fund expensive projects in the name of Buddhism – building temples, hospitals and what was touted as the world’s largest Emerald Buddha.
Louis Vuitton paying $3M less for Cup sponsorship
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LVMH Moet Hennessy Louis Vuitton SA’s Buy Rating Reaffirmed at Nomura (MC)
Separately, analysts at Societe Generale reiterated a hold rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Tuesday, July 9th. They now have a 140.00 ($181.82) price target on the stock. Finally, analysts at BNP Paribas reiterated a neutral rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday, July 8th. They now have a 145.00 ($188.31) price target on the stock. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the companys stock. The company currently has a consensus rating of Buy and a consensus price target of 152.04 ($197.45). LVMH Moet Hennessy Louis Vuitton SA has a one year low of 116.55 and a one year high of 143.40.
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America’s Cup CEO Stephen Barclay said Friday that the contract was amended in April when it became clear how few teams would make it to the starting line. Louis Vuitton would have paid the full amount originally contracted if at least five challengers entered. Barclay declined to disclose what the French luxury goods maker is paying to sponsor the series, which will determine the opponent for defending champion Oracle Team USA in the 34th America’s Cup starting Sept. 7. But he said sponsorships of this type are generally worth tens of millions of dollars. He added that the reduced sponsorship fee won’t affect the sailing. Louis Vuitton has sponsored the challenger series since 1983.