Walking Tall: Inside Louis Vuitton’s shoe factory
The bean bag mattresses are a big hit, with some fans snoozing in the sun on them all over the picnic grounds and even upstairs on the decks of the bar and dance club. They fabric looks like a sail complete with a grommet in one corner for the sheets or lines to attach. Nespresso Coffee bars set up as did Moa New Zealand Beer and Mumms Champagne. Nespresso had some nice espresso machines for sale perfect for your yacht or dinghy, including a way cool 1950s red retro number for the nostalgic, this being a historic race. Louis Vuitton set up shop next to the VIP club, Club72 where you see the sailors enter. Vuitton has some neon handbags in the $1400 range along with a diamond diving watch for $16,800..
Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says
A concrete plinth outside the entrance is etched with the Louis Vuitton logo, along with the legend manufacture de souliers, because although we are in Italy, in the heart of the country’s oldest and most revered shoe-making region, this is one of France’s most famous luxury brands. Artisans at Louis Vuitton’s shoe atelier in Italy work on the high-heeled ankle-strap shoes for the luxury houses’s autumn/winter ready-to-wear show at Paris Fashion Week. Photos: Katya de Grunwald According to Alfandary, a Frenchman who trained as an architect but who has devoted his working life to shoe production, it made sense to base the Louis Vuitton shoe atelier in what he describes as ‘the birthplace of luxury shoemaking’. Venice does indeed have a long history of shoemaking, not least for its 16th-century chopines, which at their most extreme were more akin to stilts than to shoes and are thought to have originated from raised wooden Turkish bathhouse shoes. They must have been practical for navigating Venice’s floodwaters. There is still a small artisan shoemaking community in Venice, and other designers including Rick Owens and Vanessa Bruno use a factory in the region. But only Vuitton has built its own.
As I noted recently, the French vendor of elite handbags, clothing, jewelry and champagne has lost some of its shine. While it is still the worlds number one luxury brand, it has given up luster to rivals like Prada and Gucci. Luster is everything in the allure of the luxury world, so LVMH Moet Hennessy Louis Vuitton (the full name-dropping moniker of the company) is doing what it can to polish up. Its latest move: Its spending $2.56 billion to acquire 80 percent of Loro Piana, an exclusive Italian textile firm and clothier that hails from near Lake Como, a place where George Clooney hangs out. Loro Piana represents the opposite of the fast fashion trend epitomized by the likes of Zara and H&M. As BloombergBusinessweek noted , you could call it slow fashion. It deals in materials like vicuna wool, which comes from a South American llama cousin that yields the fine fibers only every two or three years – hardly the in-today out-tomorrow vision of a Zara shop.
The price of LV products such as Louis Vuitton Bags has had some increasing
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. From the predict, the sales profit of Louis Vuitton in 2013 may be risen by 6 percent while sales louis vuitton speedy bags volume may fall 2 to 3 percent.
Louis Vuitton’s “slow” road back to prestige
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.