Women in South-east Asia love Louis Vuitton, Prada and Gucci: study

NBCU said they commissioned the study to glean an insight into the minds of women as they “make or influence 80% of all purchase decisions, including 60% of traditional male products (e.g.: automobiles, consumer electronics)”. The study aims to attract advertisers and marketers who target women in their campaigns. The study broke down the female personalities into five categories, which are:   Trailblazers: Big spenders, career-minded and individualistic women who know how to stand out from the crowd Passionistas: Spontaneous women who work hard and play hard Social Siders: Women who have many friends and a wide social network Peacekeepers: Women who constantly seeks stability and routine Heart Warmers: Family-oriented women Countries included in the study were Hong Kong, the Philippines, Malaysia, Indonesia and Singapore. In Singapore, 27 per cent of women are Passionistas, 22 per cent Peacekeepers, 13 per cent Social Siders  and 19 per cent each are Trailblazers and Heart Warmers.   The Philippines have the most Passionistas with 32 per cent of women polled and Indonesia next with 25 per cent.    1 in 3 earn the most in their household   The study also found that more women in SEA are becoming more affluent – with one–third of Singaporean women taking on the role of household chief income earner – and the majority of them own luxury items.   Two out of three women in SEA possess at least one luxury item and each of them spend at least S$2,100 a year on luxury items such as shoes and handbags, with Louis Vuitton and Gucci being the market leaders across all five personality categories. Women in SEA also channel most of their spending to buying other goods such as beauty products with as much as S$460 per month on mainly skincare and cosmetics. According to NBCU, this figure is more than what they spend on dining out. In Singapore, the study shows that women mainly prefer skincare products by Sk II, Biore and Estee Lauder, and cosmetic products by Maybelline, L’oreal and Chanel. When it comes to cars, 60 per cent of women in SEA are main or joint decision makers, and the popular car brands among them are Honda, Toyota and BMW. First phase of ‘High Heeled Warriors’   The current results are from the second phase of NBCU’s study.

Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only auction from 2pm TODAY

Top seller: Lot 33, the 2011 35cm amethyst matte crocodile Birkin bag has a whopping final sale estimate of up to £28,000

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. ‘Hermès 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 Hermès handbags and this sale offers the crème de la crème of Hermès 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 Hermès 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. In a chance encounter with the former Hermès CEO on an airplane, the celebrity suggested the design for a weekend bag, which paved the way for the consistently popular ‘Birkin’ bag. The Kelly bag was named after Grace Kelly, who in 1956 had just become Princess of Monaco and was seen carrying the original leather ‘Sac à dépêche’ to hide her pregnancy.

Thai monks rebuked over ‘ostentatious’ jet ride

According to one of the monks, who has since been “reprimanded”, the jet was chartered by a devotee to fly them home to northeast Si Sa Ket from Bangkok after performing duties in November, said Nopparat Benjawattantnun, director of the National Office of Buddhism. “His behaviour — wearing sunglasses and carrying a Louis Vuitton handbag — amounts to an ostentatious display that will provoke criticism from laymen,” Nopparat said. Virood Chaipanna, director of Si Sa Ket’s Office of Buddhism, named the monk as Luang Pu Nenkham Chattigo, 34, from Wat Pa Khantitham. “Yesterday I went to the temple but he was not there. They said he is in France,” Virood said. Buddhism is Thailand’s state religion and around 95 percent of the population is believed to follow it — the highest percentage in the world. Figures last year from the National Office of Buddhism showed Thailand had more than 61,000 monks. Their behaviour frequently falls under the spotlight with media reports uncovering cases of clergy taking drugs, drinking, gambling and visiting prostitutes. “To be in the monkhood one should be isolated and content with what one has,” said Pra Khru Vinaithorn Teerawit, of the Buddhism Protection Center of Thailand, adding complaints are most commonly made against newly ordained monks. Referring to the video, he said the public reaction should depend on whether the monks chose to travel by private jet or if it was organised by followers.

LVMH Moet Hennessy Louis Vuitton SA Stock Rating Reaffirmed by Sanford C. Bernstein (MC)

AlphaValue currently has a €175.00 ($233.33) price objective on the stock. LVMH Moet Hennessy Louis Vuitton SA ( EPA: MC ) opened at 126.65 on Thursday. LVMH Moet Hennessy Louis Vuitton SA has a 1-year low of €113.55 and a 1-year high of €143.40. The stock’s 50-day moving average is currently €125.6. The company has a market cap of €63.324 billion and a price-to-earnings ratio of 18.45. A number of other firms have also recently commented on MC. Analysts at Aurel – BGC reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Tuesday, June 11th. They now have a €150.00 ($200.00) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an outperform rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Wednesday, May 29th.

LVMH Moet Hennessy Louis Vuitton SA Rating Reiterated by AlphaValue (MC)

LVMH Moet Hennessy Louis Vuitton SA has a 52-week low of €113.55 and a 52-week high of €143.40. The stock’s 50-day moving average is currently €125.6. The company has a market cap of €63.199 billion and a price-to-earnings ratio of 18.45. A number of other firms have also recently commented on MC. Analysts at AlphaValue reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Thursday. They now have a €175.00 ($233.33) price target on the stock. Separately, analysts at Aurel – BGC reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Tuesday, June 11th. They now have a €150.00 ($200.00) price target on the stock. Finally, analysts at Aurel – BGC reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday, June 3rd.

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