Louis Vuitton’s “slow” road back to prestige

Stylebook Snapshot: My Other Bag totes

London carry all by My Other Bag, $50 at www.myotherbag.com.

A vicuna near Ecuador’s majestic Mt. Chimborazo. Louis Vuitton is trying to take the slow road back to its dominance as a luxury retail brand, riding the back of a llama-like animal and a $2.56 billion acquisition. 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.

How to spot a fake Louis Vuitton (or Chanel) bag in Dubai

When it comes to luxury goods, few cities in the world can match Dubai for authenticity, variety and price. However, while brands like Louis Vuitton, Chanel and Coach have a dedicated buyer marker here, for those just shy of the odd thousand dirhams to get that dream bag, a bargain offer is always on hand, or on the internet. So how do you tell if the great deal you just sourced is an original or a fake. We bag an expert, a fake and an original bag of two major brands and walk you through the process. Responding to questions from Emirates 24|7, Louis Vuitton said, In order to preserve our ability to efficiently fight against counterfeiting, we are unable to provide details on our manufacturing procedures or those used in counterfeit products. However, please note that Louis Vuitton does not stamp serial numbers on its products as means of identification or authentication. Our bag expert in the video does talk about a bag code. So what is that? The statement adds: Louis Vuitton does use manufacturing codes in our products; however, the presence of a number on a piece does not determine authenticity. Also, Louis Vuitton cannot comment on or guarantee the authenticity of products purchased elsewhere. Shopping through Louis Vuittons exclusive distribution network is the only way for customers to ensure that their Louis Vuitton product is authentic.

LVMH China Watch Sales Decline Offset by Overseas Buying

Click image Louis Vuitton Outlet 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 Monica, Calif., banned plastic grocery bags. Other than lugging around an ordinary bag, she wanted something that was not only practical but also fashionable. The My Other Bag line is made in Los Angeles and goes for $30 for totes, $50 for carryalls and $40 for “pouchettes,” a longer, wider style with a zip top. Shop the full collection at http://www.myotherbag.com .

Sales have declined as economic growth has weakened and as the Chinese governments austerity campaign has curbed demand for high-end products popular for business gifts. The watch sector overall has been declining in China this year due to the economic slowdown and also off the back of the anti-corruption measures, Aaron Fischer, an analyst at CLSA Ltd. in Hong Kong, said by phone today. Southeast Asia Chinas economy grew 7.5 percent in the second quarter from a year earlier, slowing for a second straight period. Luxury companies from Prada SpA (1913) to Burberry Group Plc (BRBY) have been seeking to tap consumers in emerging Asia, who are purchasing more high-end bags, shoes, suits and jewelry as incomes have risen. Sales of watches and jewelry accounted for 10 percent of the LVMH groups revenue last year, according to data compiled by Bloomberg.

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