Vuitton Tones Down Bling in Russia as Wealthy Go Discreet
Subject to meeting considerations which the Philippines has made to enhance the security and safety of our peacekeepers, the President has expressed the Philippines is prepared to continue its United Nations Disengagement Observer Force participation, he said. He added that the president has agreed to continue with the deployment of the 340 contingent until August 11. Councillor shot dead in Abra MANILA: A councillor was killed and robbed after he bought cattle in Abra province, police said yesterday. Police identified the victim as Rogelio Talingdan, 52, a businessman of Sitio Naguilian, Brgy San Gregorio, Lapaz, Abra. Investigation showed that a gunman approached and shot the victim twice on the head after he negotiated to buy cattle at Brgy Talogtog, Dolores last July 4 at the porch of the cattle market office. The assailant grabbed the victims jacket which reportedly contained P500,000 then ran toward Brgy Kimmalaba also in Dolores, police said. Investigators recovered from the scene two slugs of still unknown gun calibre.
Sorry Louis Vuitton, China’s No Longer Into You
Their shelves are dotted with art books – among them an Elizabeth Peyton monograph, a signed copyof Jeff Koons’ Versailles catalogue and a newly acquired David Bowie book from the V&A show. De Libran with Marc Jacobs ‘I loved it,’ she says of the exhibition, which she travelled to London especially to see. ‘You just put on those headphones, and you remember all your personal experiences that relate to his music. And he was so good-looking and tiny – his waist, his hips. I was fascinated.’ She points out that contemporary Bowie is wearing Louis Vuitton in his latest video: ‘A men’s spring/summer jacket,’ she says proudly. The other pairing in the room is two furry Burmese cats. ‘My father got them for my son,’ she says.
Louis Vuitton parent company LVMH fined 8 million Euros in Hermes case
That blazer looks a few inches too short for him and that broach is killing me softly. Who put this much make-up on our T.O.P ? T.O.P seems to be channeling his inner Hugh Hefner and by golly dare I say it, it just ain’t working. He’s young and one of the hottest stars and this look just ages him by 10 years. Put a cigar in his mouth, a glass of champagne in his right hand and a blonde bimbo on his left and they’ll dub him the new Korean Playboy. Lee Byung Hyun ? could wear a paper bag as a suit and he’d still look fine.
Julie de Libran: Louis Vuitton’s secret weapon
Its also expanding in Latin America and Asia, aiming to attract middle class consumers driving growth in emerging markets. PPR, by contrast, is getting out of mass retail. The company aims to spin off its Fnac media and electronics chain and dispose of online fashion seller La Redoute this year. Its also closing stores at sporting-goods maker Puma SE (PUM) as it combats declining non-luxury sales. Luxury Hangover LVMHs Selective Retailing division will have sales of 14.7 billion euros in 2017, Sanford Bernstein estimates. The units 13 percent compound annual revenue growth, fueled by Asian and Latin American shoppers, is almost double the brokerages estimate for LVMHs fashion and leather-goods business and about three times Euromonitors forecast for luxury overall.
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. In the case of Louis Vuitton, LVMH has already shifted gears, putting the brakes on its global expansion, while raising prices and developing more leather upmarket products, he said.
Fashion Dissection: Who Rocked It Best At “Louis Vuitton” Opening Event
Sales of luxury goods in Russia expanded 6 percent to $8.8 billion last year, versus 4.6 percent in 2011, helping reverse a 20 percent decline between 2007 and 2009, according to Euromonitor International Plc . While thats slower than Chinas 18 percent luxury growth in 2012, its far better than western Europe, where sales fell 1 percent 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 (RMS) 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. With 25 outlets, including in Paris, New York and Hong Kong, Gazinskaya says shes seeking investors to fund more expansion. There are no limits really, she said by phone from Venice, Italy, where she was hanging out at the Biennale art exhibition. God gave me talent. Discretion wasnt always fashionable among Russians.
LVMH Lipstick Growing Bigger Than Bags as Vuitton Slows: Retail
After much name calling, accusation throwing and general slinging of verbal mud, French regulatory board AMF condemned LVMH for ‘failing to follow market rules’, when it discretely accumulated a significant stake in Hermes stocks. Citing the “seriousness of the successive breaches of public disclosure requirements, which consisted in concealing each stage of LVMH’s stake-building in Hermes,” as the fuel behind the hefty fine, the AMF appear to be in no doubt that there’s been foul play. LVMH however, continues to disagree. Brandin both the claim and punishment to be ‘unfounded’, the conglomerate has said it will appeal against the decision, despite further cases being already lodged against it by, yep you guessed it, Hermes. Though this chapter may be settled for now, expect more drama as the cases continue to pile up! Thoughts?