Welcome To Poland’s First Louis Vuitton Store: “Open Your Bag Please”
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. In a chance encounter with the former Hermes 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 a depeche’ to hide her pregnancy.
Louis Vuitton status purse at heart of San Jose murder trial
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.
LVMH Lipstick Growing Bigger Than Bags as Vuitton Slows: Retail
And its reasonably priced. With Vuittons sales growth slowing from Barcelona to Beijing, catering to beauty buyers like Le Sassier is getting more important for LVMH. As shoppers curb spending on $940 Neverfull bags while splurging on $31 Dior Addict lipsticks, Sephora will help LVMHs Selective Retailing unit overtake fashion and leather goods as its biggest business by 2018, Sanford Bernstein estimates. That leaves LVMH better placed than rivals such as PPR SA to weather stagnating luxury demand. Sephora is a category killer, said Sanford Bernstein analyst Mario Ortelli. Investors concerned that sales of the Vuitton brand will keep fading are overcautious about LVMH. The owner of more than 60 brands — from Dom Perignon champagne to Bulgari jewelry — LVMH in April reported its weakest fashion and leather goods sales in more than three years. Its shares rose 0.1 percent to 136.8 euros at 2:25 p.m. in Paris, trimming this years drop to 1.4 percent, versus 19 percent advances for both PPR and Cie.
Louis Vuitton brings bags of class to Tel Aviv
But Shui, 50, has pleaded not guilty by reason of (temporary) insanity to killing his mistress Stella Zheng. However, his attorney Rod O’Connor has chosen to reserve any insanity argument to the second phase of trial. In the current first phase — called the “guilt” phase — the lawyer is arguing only that the jury of eight women and four men should convict Shui of either voluntary “heat of passion” manslaughter or involuntary manslaughter. For the latter, the panel would have to agree Shui was too intoxicated after drinking at least two bottles of wine and possibly popping a sleeping pill (he can’t remember if he actually did) to form the intent to kill. In contrast, prosecutor Erin West contends that Shui wasn’t blind drunk because he is an alcoholic with a high tolerance for alcohol and that he killed Zheng on purpose. According to court testimony, the killing was touched off by a chance encounter in August 2011 between the younger, pretty mistress and Shui’s wife Mei. The two women ran into each other at a shopping center in Saratoga or Cupertino.
I am here to meet Robert Eggs, president of the French luxury brand for Northern Europe. The 47-year-old, who made the switch to luxury handbags after selling coffee for 17 years at Nestle , visited Poland six times before finding the perfect location for Luis Vuittons 270-square-meter store. Before settling on the upscale Vitkac department store, in one of Warsaws busiest shopping districts, the French luxury-goods maker analyzed pedestrian traffic in different corners of the city, observed shopping habits, and visited the stores of its competitors. In retail you need to experience everything by yourself,” Eggs explains.”Observation is the best method, but it takes time. The brand also polled Polish customers in Louis Vuitton stores in Munich, Berlin, London and Paris about the planned location of the future Warsaw store and got great reactions. 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.