Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only auction from 2pm TODAY
Dipped in sequins, its a fresh take on the Speedy, which was created in the 30s and was the first handbag sold by Louis Vuitton. Louis Vuitton is combining history and legacy, while adjusting to modern life and fashion, Dobkin said. Its combining two worlds. Legacy is important to the company, as shown by their prominent display of travel luggage in the very front of the store. When Louis Vuitton first started the company in 1854, the only items he made were square trunks, which differed from the average, round boxes that people traveled with in that time period. In this way, Dobkin said, he revolutionized travel for his time. The elongated shape meant that people could pack more, and would therefore travel more often.
How to spot a fake Louis Vuitton (or Chanel) bag in Dubai
<img src='http://www.secrethandbag.com/images/products/zoom/1277648861-46654000.jpg' width='200px' L’Invitation Au Voyage Louis Vuitton style=’float:left;padding:5px’ />
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. 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.
LVMH Lipstick Growing Bigger Than Bags as Vuitton Slows: Retail
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. Slowing luxury demand isnt unique to LVMH. After binging on goods from Rolex watches to Hermes (RMS) Birkin bags, shoppers have cut spending as the economy splutters.
LVMH China Watch Sales Decline Offset by Overseas Buying
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. As for that other brand that is much in demand these days Coach also tells Emirates 24|7, Since there are many determining factors to verify that your item is a Coach product, we are unable to make that determination with the registration number only.
said in a report on May 16. Malaysia, Indonesia, Vietnam are progressing well, Trapani said. Its not a boom, but certainly these are countries that are growing and becoming more important and more interesting than they used to be with us. Acquisition Targets Singapores dollar has appreciated against the currencies of its four major Southeast Asian counterparts over the past three months, according to data compiled by Bloomberg. The currency strength has hurt tourist and consumer spending in the island city and led to slower sales at LVMHs stores, Trapani said. Trapani, 56, a member of the Bulgari family who joined LVMH as part of the companys 2011 acquisition of the Italian jeweler, said LVMH will focus on growing existing brands while keeping a lookout for potential targets. Priority number one is to focus on the brands that we own, Trapani said. If something really unique, beautiful, powerful is available, then we act. LVMH is not keen on acquiring Tiffany & Co. ( TIF:US ), he said.
Louis Vuitton’s “slow” road back to prestige
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. ‘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.