Even North West’s changing bag Louis Vuitton is designer! Kanye takes some time out from daddy duties as he heads out for lunch toting a Louis Vuitton holdall
While this may sound like something straight out of Paris or Milan, this latest VIP room can be found in the upscale mall in Ramat Aviv, a suburb of Tel Aviv. The only Louis Vuitton store in Israel relocated there in mid-June and is one of only seven of their stores in the world with a VIP room. At present, the room features the Rare and Exotic Collection, a group of handbags made with variations of animal skin and Louis Vuitton canvas. The collection also features the most expensive bag in the store, the Bowling handbag. At NIS 70,000, the Bowling is made of Louis Vuitton canvas, python and crocodile skins. We have one of the seven VIP rooms [in the world] because there was such a demand here, Ayelet Dobkin, a publicist for Louis Vuitton said. This store is three times bigger than the first Louis Vuitton store built in Israel. Louis Vuitton Sales Associate Asaf Mizrahi agreed that it was vital to add the exclusivity to the Ramat Aviv store. One of the core values of Louis Vuitton, he said, is rarity. Its why they dont overstock the store, only receiving one or two of each of the bags that they hold in the back. One example of this is the iconic Speedy bag in blue.
Sorry Louis Vuitton, China’s No Longer Into You
After much name calling, accusation throwing and general slinging of verbal mud, French regulatory board AMF condemned LVMH for ‘failing to follow market rules’, when it discretely accumulated a significant stake in Hermes stocks. Citing the “seriousness of the successive breaches of public disclosure requirements, which consisted in concealing each stage of LVMH’s stake-building in Hermes,” as the fuel behind the hefty fine, the AMF appear to be in no doubt that there’s been foul play. LVMH however, continues to disagree. Brandin both the claim and punishment to be ‘unfounded’, the conglomerate has said it will appeal against the decision, despite further cases being already lodged against it by, yep you guessed it, Hermes. Though this chapter may be settled for now, expect more drama as the cases continue to pile up! Thoughts?
Louis Vuitton parent company LVMH fined 8 million Euros in Hermes case
Thursday, June 27, 2013 | Posted: 1:55 p.m. Thursday, June 27, 2013 Louis Vuitton celebrates Americana Models are being made up before Vuitton’s Spring-Summer 2014 men’s fashion collection to be presented Thursday, June 27, 2013 in Paris. (AP Photo/Jacques Brinon) Sponsored Links The Associated Press PARIS The Louis Vuitton man moved from the eastern Himalayas of last season to the sunny West Coast of the United States for this spring-summer 2014. “This was the American road trip, just enjoying and celebrating Americana from NASA through to the traditional things such as bandanas,” said designer Kim Jones, breaking a sweat backstage Thursday at the Paris show that was held inside a scorching conservatory. The collection ranged from the road trip, as imagined in khaki parkas with travel badges and cotton printed bandanas, to a whole mix of different American styles: From sportswear, as in white, blue and red silk graph check tailored shorts, to Gatsby-style evening suits in raw kimono silk with a classy curved lower part. As ever, when traveling anywhere Vuitton-style, don’t expect to rough it. Stylish and coiffed David Beckham looked approvingly on from the front row. Silhouettes were tight and masculine. The 41 classy looks were fairly eclectic and so served up a little something for everyone. The collection, however, produced no great creative surprises, apart from the piece de resistance: A fantastic retro black silk jacket with mother-of-pearl jacquard featuring the famed LV monogram.
Welcome To Poland’s First Louis Vuitton Store: “Open Your Bag Please”
That was the final confirmation for us, says Eggs. Louis Vuitton is the flagship brand of French conglomerate LVMH , which also owns such luxury brands as Bulgari, Givenchy and Dom Perignon. According to the Sanford Bernstein sell-side research firm, Vuitton handbags generate a half of the operating income of the LVMH, and a revenue of 7.4 billion euros per year. That’s seven times more than Poles spend per year on luxury goods in total (excluding cars), according to KPMG. Nevertheless, the Polish luxury market enjoyed a 50% growth during 2000-2010, increasing much faster than the global luxury market, which is currently worth 210 billion euros. “The Polish market recorded a solid rise, but that is not the only element we take into account,” Eggs says. “Demand and potential are also important to us, and the latter is quite big in Poland. About 30% of luxury labels still arent available here.” No discounts, no sales Eggs is not keen on talking about prices, although he reveals that the cheapest thing in the Warsaw shop is a calendar refill 149 zlotys (35 euros). The lowest price for a bag is 2,100 zlotys (492 euros), while the most expensive piece from the exotic series made of python, ostrich or crocodile leather goes for more than 85,000 zlotys (19,920 euros).
Louis Vuitton celebrates Americana
In the case of Louis Vuitton, LVMH has already shifted gears, putting the brakes on its global expansion, while raising prices and developing more leather upmarket products, he said. This years China World Luxury Index shows Chinese consumer interest in the luxury fashion segment is mostly fixated on 10 global brands. After Chanel and Louis Vuitton comes Gucci in third place, followed by Hermes, Coach, Prada, Dior, Burberry, Giorgio Armani and Versace at No. 10. Hand bags and wallets dominate the Chinese fashionaccessories market, generating almost 90% of total interest in these names, according to the survey.