Louis Vuitton designs its own slowdown
Photo: Michael Short, Special To The Chronicle Emirates Team New Zealand, right, passes by Luna Rossa Challenge… Emirates Team New Zealand, left, in the lead against Luna Rossa Challenge during the seventh race of the Louis Vuitton Cup finals in San Francisco, California on Saturday, August 24, 2013. Photo: Michael Short, Special To The Chronicle Emirates Team New Zealand, left, in the lead against Luna Rossa… Fans line the America’s Cup Village pier to watch Emirates Team New Zealand as they defeated Luna Rossa Challenge during the seventh race of the Louis Vuitton Cup finals in San Francisco, California on Saturday, August 24, 2013. Photo: Michael Short, Special To The Chronicle Fans line the America’s Cup Village pier to watch Emirates Team New… (L-R)Luna Rossa Challenge, Oracle Team USA and Emirates Team New Zealand pass each other during practice runs prior to the start of the seventh race of the Louis Vuitton Cup finals in San Francisco, California on Saturday, August 24, 2013. Photo: Michael Short, Special To The Chronicle (L-R)Luna Rossa Challenge, Oracle Team USA and Emirates Team New… Emirates Team New Zealand maneuvers into position for the start of the seventh race of its America’s Cup challenger series against Luna Rossa Challenge of Italy.
From girl-next-door to smouldering Louis Vuitton model: Behind the scenes of Michelle Williams’ first fashion campaign
The five-time Olympic medallist, four golds and a silver, will be at the helm of an International One Design in which he has won the event twice in the past, in 2009 and 2010. His current boss, Sir Russell Coutts is a four-time winner in Hamilton, but the main rivalry will be between Ainslie and another Briton, the defending world champion Ian Williams and his Team GAC Pindar. Ainslie has modified his entry to the name of Ben Ainslie Racing Team or BART, in memory of his fellow Olympian, Andrew Bart Simpson, who died in an Americas Cup training accident with Swedens Artemis Racing on San Francisco Bay in May. We are returning this year to focus attention on the Andrew Simpson Sailing Foundation (ASSF), said Ainslie. Go Downing Street hogs the remote control The PM’s use of tame media is annoying the big guns at Sky, ITN and the BBC A nation of workaholics The death of Merrill Lynch banking intern Moritz Erhardt shines a light on the cult of presenteeism and the need for a new work culture Tim Harford: The man who gives geeks a good name Economics has never been more accessible, or instructive, thanks to one writer’s mission Paul Vallely: Heroes and villains a modern definition Whistleblowers are vilified or intimidated while the wrongs and the wrongdoers that they expose go uninvestigated Patrick Cockburn: Did Syria gas its own people? The evidence is mounting… Attacks make it hard for Barack Obama to avoid a military reaction. But that’s not what Assad wants Tim Walker: Can we trust Silicon Valley’s do-gooders? First Bill Gates’s malaria mission, now Mark Zuckerberg’s global ambition. Philanthropy from profits seems to be the way forward Move over, Ratty.
Louis Vuitton Cup: Predictwind – Winds expected to be over the limit
Scroll down for video Model moment: Michelle Williams smoulders in Louis Vuitton’s autumn/winter 2014 campaign, but it took an army of hair-stylists, make-up artists and photography assistants to capture the perfect picture Perfect shot: With wine-colored lips and dark eyebrows, the actress models two of the French fashion house’s latest handbags, the W and the Capucines, while taking direction from famed photographer Peter Lindbergh ‘It’s like falling in love, I fall in love with characters like falling in love in life,’ said Ms Williams during the shoot. ‘I don’t try and mastermind it, I hope to try and stay very present and open to what is moving me in the moment. And generally that tends to be something that’s challenging. If it’s not challenging, then why do it?’ she added. The campaign marks Ms Williams’ first major fashion endorsement, aside from a brief spell as an ambassador for Band of Outsiders for spring/summer 2012. Posing pouts: In a behind the scenes video released by Louis Vuitton, the 32-year-old is seen getting into character for her model moment: pouting, smiling, posing seriously and bursting into giggles Lights, camera: The campaign marks Ms Williams’ first major fashion endorsement, aside from a brief spell as an ambassador for Band of Outsiders for spring/summer 2012 Primp and prime: The Louis Vuitton campaign, certainly a far cry from her days as Jen Lindley on Dawson’s Creek, had some high-fashion help from hairstylist Sam McKnight and make-up artist by Stephane Marais Louis Vuitton’s latest: The actress models the French fashion house’s new fall collection in the campaign The Louis Vuitton campaign, certainly a far cry from her days as Jen Lindley on Dawson’s Creek, had some high-fashion help from hairstylist Sam McKnight and make-up artist by Stephane Marais.
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Louis Vuitton Cup: More disappointment for Luna Rossa as race ended by equipment failure
another riff on that same concept or idea” — rather than putting a frame around pre-existing handbag material. Another new development in the case is Louis Vuitton’s admission that it ignored some provisions of California’s 39-year-old Fine Prints Act, which requires dealers in limited-edition prints to disclose an array of information, including how the works were created and to post a sign informing customers of their rights under the law. “Louis Vuitton is not ordinarily in the business of selling fine prints, but rather is in the business of manufacturing and selling luxury handbags, luggage and accessories,” contend the company’s attorneys in a memo intended to persuade the judge that its violation of the act was not done “willfully.” If it was, the merchant could be subject to damages under the Fine Prints Act of triple what it originally charged for the prints — potentially $12 million if Arthur’s case goes forward as a class action. The separate class-action suit against MOCA in Los Angeles Superior Court, reported by The Times last year, alleges no fraud but concerns failure to provide proper certificates for three Murakami prints that Arthur bought for $2,655 at the regular museum shop. Judge William Highberger is expected to rule by summer whether that case should go forward.
LVMH shares jump as Louis Vuitton calms worries
China loves Louis Vuitton, and so will investors
The key feature of the forecast is the breeze starting to build much earlier in the day with both feeds indicating the breeze will be 18kts at 1000hrs and then buolding at varying rates over the rest of the day, before reacing a peak of around 25kts at 1500hrs. The first image shows the wind prognosis for the scheduled start of the second race. Wind graph for 1310hrs on Saturday 24 August, 2013 – PredictWind.com Click Here to view large photo The second image shows a graphic representation of the wind build – confirming the numbers for the prognosis. The next two images are showing the same style of information except for an hour later around the time of the second race for the day. Winds are creeping very close to the limit, and bearing in mind that these are only average windspeeds with no accounting for gusts, it is likely that the wind limit will be exceeded on the current wind information. Wind graph for 1410hrs on Saturday 24 August, 2013 – PredictWind.com Click Here to view large photo The fifth chart shows the wind expectations for the following day, Thursday, which shows a reduction in the strength of the breeze, allowing officials some scope to catch-up if required. Wind predictions for Saturday 24 August, 2013 and Sunday 25 August 2013 – PredictWind.com Click Here to view large photo Two weather feeds are used by Predictwind, the key to the accuracy of the forecast lies with the graphs, as when the two lines for the two feeds are quite close together and following each other in the trend, then the likelihood of the forecast is high. If there is separation to any marked degree, then there still some issues to be resolved but usually 24 hours from the race they are well aligned. The Predictwind model takes various weather feeds and then polishes these, part of this process is factoring in the effect of local topography on the breeze – well demonstrated by the image with the funneling of the breeze.
Louis Vuitton suit adds fraud allegation
LVMH Finance Director Jean-Jacques Guiony on Friday said Louis Vuitton’s margins rose in the first half, both at the operating and gross level, reversing a decline which analysts estimate started two or three years ago. “People feared that less canvas and more leather could impact Louis Vuitton’s margins,” said Exane BNP Paribas analyst Luca Solca. HSBC calculated that Louis Vuitton’s operating margin fell to 42 percent from 44 percent between 2011 and 2012. RELIEF Sales growth at LVMH’s fashion and leather goods division, of which Louis Vuitton makes up 75 percent of sales, doubled in the second quarter to 6 percent from 3 percent in the previous three months on a like-for-like basis. “It is a relief that there is an improvement in the second quarter and that the margin (at LV) stopped deteriorating,” said Zurich-based Andrea Gerst, who helps run the Julius Baer Luxury Brands fund with 417 million euros ($551.92 million)under management. Referring to Louis Vuitton’s performance regionally, Guiony said trading in Asia was “flattish,” in the United States “in the mid-single digits” while in Japan and Europe, it was “a bit higher or a bit lower than double digit.” Guiony added that the bulk of Chinese demand today was from tourists and estimated overall Chinese demand for the brand to be in “mid-single digits” terms. Analysts estimate that growth in the global luxury goods industry will slow down to around 6-8 percent in 2012, or about twice the level of global GDP growth depending on estimates, compared with 10 percent growth last year. Luxury investors and analysts said they expected trading to continue to improve in the second half of the year, partly thanks to the return of Chinese customers, the world’s biggest buyers of luxury goods. “We expect a slow but Louis Vuitton Purses steady recovery of Chinese luxury demand because of the underlying appetite for luxury and wealth creation continuing,” Gerst said.