Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only auction from 2pm TODAY
Believe it or not, designer label Louis Vuitton destroys their unsold bags in order to keep their prices high, according to this collection of unusual trivia. Did you know that the offspring of two pairs of identical twins are genetic siblings? Or that cats’ kidneys are so efficient they can survive drinking seawater? Check out the gallery below for other unusual internet trivia. Click on thumbnails for larger image
While thats slower than Chinas 18 per cent luxury growth in 2012, its far better than western Europe, where sales fell 1 per cent last year as the debt crisis weighed on domestic spending, the researcher estimates. What were seeing now is a comeback in Russian demand for luxury goods, said Hermes International SCA deputy chief executive officer Patrick Albaladejo. GOD-GIVEN TALENT European brands such as Vuitton have already started toning down the bling as they contend with homegrown Russian labels such as Vika Gazinskaya, Alexander Terekhov and Uliana Sergeenko, who reckon they know better what shoppers want. Terekhovs latest collection features simple silk floral dresses, while Sergeenkos spring couture covered more flesh than it showed. Sales of Gazinskayas collections of 1,500-euro ($1,980) dresses have doubled in the past year as shoppers seek something different, said the 24-year-old designer.
Vuitton tones down for Russian tastes
The handbags feature among an enticing collection of 102 exquisite items, including a variety of day wear, larger luggage, jewellery and limited edition pieces by iconic labels including Chanel and Louis Vuitton. Bidding opens today and will run for 10 days providing opportunities for those around the world to land some of the most sought-after designs ever created, with some dating back to the 1950s. One Direction polish off the bullies! Boy band launch varnish and stationery range to fight bullying in schools Highlights include 40 classic Birkin and Kelly bags covering a spectrum of bright spectacular colours to brighten up summer wardrobes and a stunning selection of exotic leathers. The price points ensure there is something for all tastes and budgets. ‘Hermes is known as the leading luxury handbag designer and it is unsurprising that the iconic Birkin and Kelly designs continue to thrive at auction,’ says Pat Frost, director of Christie’s fashion department. ‘Exquisite quality is at the heart of Hermes handbags and this sale offers the creme de la creme of Hermes designs with a number of timeless pieces and rare exotic leathers. ‘The online-only format of this sale follows hot on the heels of our successful Vintage Couture: Handbags, Luggage and Accessories sale in April this year. ‘This sale which runs for 10 days provides another extended opportunity for buyers around the world to purchase handbags and accessories by some of the greatest designers of all time.’ Handbag history: A lesson Hermes Kelly and Birkin bags continue to be highly sought-after and have become increasingly popular since they were first designed. Birkin bags were inspired by English actress and singer Jane Birkin in the 1980s.
Sorry Louis Vuitton, China’s No Longer Into You
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.