Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says
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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
Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only auction from 2pm TODAY
Donations over the past decade, from poor supporters as well as rich backers, had helped Nenkham amass his total wealth, according to investigators. On Wednesday, Thai authorities took action issuing a arrest warrant for the former holy man. Nenkham, who also goes by the name Weerapol Sukpol, now faces charges of violating Thailand’s computer crime act by posting “deceitful information,” having sex with a minor and rape, authorities say. A female plaintiff who claimed Nenkham had sex with her when she was 14 years old submitted a request for a DNA test for her 11-year old son, says Tharit Pengdit, Director General of the Department of Special Investigation. They are still awaiting results. Nenkham’s bank accounts also continue to be under investigation because of an unusually large amount of bank transactions, add Thai authorities. Nenkham is now believed to be in the United States and in California, according to an “intelligent source,” says DSI.
Stylebook Snapshot: My Other Bag totes
With prices starting at just 400, those with a fetish for designer arm candy but a shoestring budget to match might be in with a chance of snapping up a bargain from the London auction house. The online-only event, dubbed Vintage Couture: Handbags and Accessories, includes luxury handbags by Hermes, Chanel and Louis Vuitton and closes on Monday, 24 June at 2pm. To by and Hermes bag today could mean being on a waiting list for months but now Christie’s offers the opportunity to snap one up immediately. Here, Femail exclusively shows you a selection of the bags going to the highest bidder. Christie’s Selection Brights lot features some eye-popping summer shades to spruce up tired wardrobes Top seller: Lot 33, the 2011 35cm amethyst matte crocodile Birkin bag has a whopping final sale estimate of up to 26,000 Two Hermes beauties: A 2010 rouge cerise bag with padlock, keyfob, dustbag and box, estimate: 6,000 – 8,000 (left) and a 2010 jaune d’or and pumpkin bag, estimate: 5,000 – 7,000 (right), both 35cm Epsom leather Birkins with silver palladium hardware Lot 54: A 42cm 2007 monogram canvas ellipse bag by Louis Vuitton, with goldtone metal hardware and fittings for a shoulder strap, estimate 500 – 700 The highest lot in the sale is an amethyst matte crocodile Birkin Hermes bag with an estimate of 24,000 – 26,000. The auction house have said they expect the entire auction total to raise in the region of 400,000.
market have also increased by at least 10 percent. In the mainland of China, Hong Kong, Taiwan and Singapore, the price of LV has also increased by 5 percent to 10 percent. Some people would have the feeling that this would be the purpose for LV group to face with the economic crisis around the world. However, the chairman and CEO of LVMH Group whose name is Bernard Arnault has also said that the strength of authentic louis vuitton bags the euro and some of the currency exchange rates may lead to higher fees which would be charged by LVMH. The company has also said that the price growth of Louis Vuitton products such as Louis Vuitton Bags in Japan was this brand’s largest growth in its own history. This price increasing is to offset the impact from weaker of yen on sales of LV products such as louis vuitton handbags. In addition to protecting of the profits for the selling for the LV products, the increasing of price must be visible. In our opinion, this would be means for LV to accelerate their reposition of their products such as Louis Vuitton Bags in the market. The analyst from website http://www.luvbagmore.com has said that this decision might be influential the number of items which would be sold. But, this measurement would be very well for the long-term development of this brand.
Sorry Louis Vuitton, China’s No Longer Into You
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.
Thailand’s jet-set monk, Luang Pu Nenkham, hunted on sex charges
To be fair, of course, Louis Vuitton is not licked yet. Not by a long shot. Its firmly in the No. 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.
The price of LV products such as Louis Vuitton Bags has had some increasing
London carry all by My Other Bag, $50 at http://www.myotherbag.com. Click image to enlarge By Sara Bauknecht/Pittsburgh Post-Gazette Can’t afford a Louis Vuitton or Chanel-style handbag? Now fashionistas can have the look of a designer purse (without the price!), plus the size and durability of a recyclable grocery bag with My Other Bag, a line of totes and carryalls with illustrations of designer purses printed on them. Founder and creative director Tara Martin started the collection after her home city of Santa Palermo Louis Vuitton Monica, Calif., banned plastic grocery bags. Other than lugging around an ordinary bag, she wanted something that was not only practical but also fashionable.