Watch this: Louis Vuitton celebrates America’s Cup with special timepieces
Last year, the Indian government announced it would allow (with caveats) foreign companies to invest up to 100% directly in retailers which sell a single brand. Since then the government has seen about 60-plus applications from global brands seeking to set up shop in India, said Aparna Mittal, partner at the corporate M&A division of India-based law firm Luthra & Luthra Law Offices. Consumer companies can enter the Indian market via a joint venture such as the now disbanded one between DLF DLF Brands with Salvatore Ferragamo and Giorgia Arman i; through wholly owned subsidiaries such as Swedish furniture retailer IKEA or via the franchise route. Meanwhile, now is a good time to invest in China given that values have corrected and there are opportunities for specialized investors, said Uday Mehra, regional managing director of L Capital Asia, the proprietary investment arm of LVMH, Groupe Arnault and YTL YTL . The fund will also consider backing brands from developed Asian markets like Australia, Korea, and Japan that could require capital and international networks in order to recognize global ambitions, Mehra added. In the past, its main focus has been China, India, and Southeast Asia.
It’s a long way from Dawson’s Creek! Michelle Williams lands her first major fashion campaign as the new face of Louis Vuitton
Here are the first campaign images from the Oscar-nominated actress new gig as the face of Louis Vuitton. The ads, which will appear in September and October magazines, are for the brands new handbags, the W and the Capucines. Michelle Williams was selected by Louis Vuitton for her independent spirit with which she has forged her path through Hollywood defined by her outstanding talent, her passion for craft, and her choice of daring and challenging roles, the French fashion house said in a statement. [via PEOPLE] [Courtesy Louis Vuitton] Williams, 32, is no stranger to Louis Vuitton. In February 2012, Williams donned a burnt orange LV gown for the 84th Academy Awards. (While she was a winner on the red carpet, the My Week With Marilyn starlost the Best Actress Oscar to the one and only Meryl Streep ). [Courtesy Getty Images] Williams, who was most recently seen in Oz the Great and Powerful as Glinda the Good Witch, is currently filming the World War II movie Suite francaise with Kristin Scott Thomas.
“It is a relief that there is an improvement in the second quarter and that the margin (at LV) stopped deteriorating,” said Zurich-based Andrea Gerst, who helps run the Julius Baer Luxury Brands fund with 417 million euros ($551.92 million)under management. Referring to Louis Vuitton’s performance regionally, Guiony said trading in Asia was “flattish,” in the United States “in the mid-single digits” while in Japan and Europe, it was “a bit higher or a bit lower than double digit.” Guiony added that the bulk of Chinese demand today was from tourists and estimated overall Chinese demand for the brand to be in “mid-single digits” terms. Analysts estimate that growth in the global luxury goods industry will slow down to around 6-8 percent in 2012, or about twice the level of global GDP growth depending on estimates, compared with 10 percent growth last year. Luxury investors and analysts said they expected trading to continue to improve in the second half of the year, partly thanks to the return of Chinese customers, the world’s biggest buyers of luxury goods. “We expect a slow but steady recovery of Chinese luxury demand because of the underlying appetite for luxury and wealth creation continuing,” Gerst said. In the past year, China’s luxury market, which had been the industry main growth driver, was hit by a slower economy and the government’s crackdown on the country’s tradition of gift-giving to facilitate transactions and deals. LVMH rival Kering on said on Thursday the slowdown continued in China but earlier this week Swatch Group (UHR.VX), the world’s biggest watch maker, said it expected Chinese demand to improve in the second half. Before Friday’s rise, shares in LVMH were down 6 percent since January, making them the second-worst performers on the Paris CAC 40 index .FCHI of blue-chips and the worst performing European luxury stock overall. By comparison, shares in peers such as Kering (PRTP.PA), previously known as PPR, have gained 28 percent since January while shares in Bruno Cucinelli (BCU.MI) and Salvatore Ferragamo (SFER.MI) have risen more than 50 percent.
Alexa Chung Wearing Louis Vuitton Heels 2011
Keeping fit: Justin Theroux carried a leather duffel bag as he showed off his muscular arms in New York, on Tuesday The high end travel bag, made of rich brown and tan leather, appeared to be quite weighted down, as the clearly fit actor seemed to have trouble lugging it down the street. ‘It’s a scary thing to revisit those things underneath’: Lady Gaga looks unrecognisable as she posts make-up free snap In keeping with his fashionable luggage, Justin sported freshly polished motorcycle boots along with dark skinny jeans. Topping his getup was a light blue T-shirt as he wore tough guy aviator sunglasses and a New York Yankees cap. He’s so vein! Justin’s forearms were corded with vascular effort as he carried a knapsack and his LV bag Contemplative mood: The 41-year-old cut a thoughtful figure as he walked alone in the city streets Slung over his shoulder was a knapsack and an army green jacket as his wrist displayed an expensive looking watch.
Michelle Williams smoulders in edgy fashion shoot
Head turner: A smouldering Michelle Williams stars as the new face of Louis Vuitton’s winter 2014 campaign Fashion face: With wine-colored lips and dark eyebrows, the actress, 32, who turned heads in Louis Vuitton at the 2012 Oscars, models two of the French fashion house’s latest handbags The campaign marks Ms Williams’ first major fashion endorsement, aside from a brief spell as an ambassador for Band of Outsiders for spring/summer 2012. Not long now! Margherita Missoni shares bikini photo of her baby bump at nine months getting a loving kiss from dad-to-be The Louis Vuitton campaign was shot by Peter Lindbergh, with hair by Sam McKnight and make-up by Stephane Marais. Louis Vuitton looks: The actress turned heads in Louis Vuitton at the 2012 Oscars (left), and again at the Film Independent Spirit Awards in 2012 (right) It is certainly a far cry from her days as Jen Lindley on Dawson’s Creek. Best known for her roles in Brokeback Mountain and My Week With Marilyn, Ms Williams is currently filming Suite Francaise, based on the novel by Irene Nemirovsky, which follows a blossoming romance between a French villager and a German soldier during the early years of the German occupation in France.
Quite the man bag! Justin Theroux totes a large Louis Vuitton duffel as he struts through the Big Apple in skinny jeans and motorcycle boots
For the 2012 Oscars, where she was up for the Best Actress award, she wowed in a vibrant gown by the Italian fashion house. With a ruched bustline and peplum detailing, the burnt orange number had a distinct prom vibe and ensured that Michelle stood out from the crowd. Michelle is recently single after splitting from her partner of one year Jason Siegel. Jason was Michelle’s most serious boyfriend since the death of her former fiance Heath Ledger in 2008. In other fashion news, Christy Turlington, 44, has made a reutrn to modelling with a sultry advert for Calvin Klein. The former supermodel is the new face and body of the luxury brand’s underwear range, showing off the incredible body that made her famous in a series of black and white ads.
Michelle Williams is a Stunner in These New Louis Vuitton Ads
As the official timekeeper for the races, which take place in San Francisco for the next two months, the luxury retailer is introducing several timepieces inspired by the world of sailing with technological finesse. Each watch features what is known as the Regatta function, which marks the countdown of the last five minutes before the starting gun goes off for an America’s Cup race. The crown jewel is the Tambour America’s Cup Automatic Regatta , a limited edition offering of only 720 numbered watches referencing the 72-foot A72 catamarans used in the Cup. It sports a red-and-black dial with the America’s Cup logo, waterproof rubber strap and a Swiss automatic LV 171 chronograph movement. There Louis Vuitton Damier Azur is also a quartz version, with a limited edition of 1,851 watches, referencing the year of the first America’s Cup. The watch retails for $11,600. Other versions feature the Louis Vuitton Cup logo on the dial. Currently, boats are vying for the Louis Vuitton Cup in a challenger series for the right to sail against the American defender, Team Oracle USA, at the 34th America’s Cup, to be held Sept. 7 to 21.
LVMH shares jump as Louis Vuitton calms worries
Her bow-adorned pumps have served her well through fashion parties and premieres (year after year), adding a sweet, polished touch to every look. And because we love when fashion is also functional, we’re big fans of this low heel ! You may not be running out to score a pair of Louis Vuittons, but after a glimpse of Alexa showing off their styling potential, you may just want to shop something similar. We’ve already done the legwork just click through for a closer look at her sweet footwear, then shop a pair for yourself. Whats Your Reaction?
Louis Vuitton needs to regain its lost exclusivity
The slip in popularity by what was once the worlds top luxury brand is due to the shifting preference of LVs leading consumer group the Chinese shopper. A recent study by Bain noted a shift away from logo-mania towards a preference for unique, high-quality and understated luxury. To address this, LV has decided not to launch stores in Chinas second- and third-tier cities so as to reduce accessibility and to push its higher-end products over more affordable canvas bags. Nevertheless, LVMH posted lower-than-expected sales growth in April due to falling demand in China and from Asian tourists. Although the group blamed Chinas slowing economic growth in its financial announcement, that did not stop rival Burberry from posting 16 per cent yoy growth in quarterly sales due to strong luxury demand in China. What can LV do to regain lost popularity? DIAGNOSIS 1 Leo Wood As a letter to the Financial Times put it bluntly: when even the cleaner has a Louis Vuitton handbag, the brand has a problem. The French icon has to convince the highest spenders that the entire feel of the brand is out of reach of everyone apart from a rarefied elite.