Women in South-east Asia love Louis Vuitton, Prada and Gucci: study
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. Photographs of the young starlet were sent all over the world, leading to the bag being known as the Kelly.
LVMH Moet Hennessy Louis Vuitton SA Stock Rating Reaffirmed by Sanford C. Bernstein (MC)
And now, we have one more—pretty gargantuan—reason to talk about the house. Today, Vuitton revealed that its new window installations will not consist of the brightly hued works of an eccentric or iconic artist (cue Stephen Sprouse and Yayoi Kusama). Instead, the brand has opted for dinosaurs. Seven stores worldwide—including the boutiques on Paris’ Champs Élysées, London’s New Bond Street, and New York’s Fifth Avenue—will get the Jurassic treatment, hosting golden reproductions of prehistoric skeletons in their facades. Velociraptors, Dimetrodons, Stegosauruses, Tyrannosaurus Rexes, and Triceratopses are just some of the species that will inhabit the displays, which were apparently inspired by a trip to the Natural History Museum in Paris’ Les Jardins des Plantes. On view from tomorrow, the beasts seem fairly friendly—mannequins wearing Vuitton’s Pre-Fall ’13 wares are perched peacefully atop the creatures’ backs. —Katharine K. Zarrella
Visiting the Source | A Rare Look Inside the Atelier of Louis Vuitton
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. The results of the first phase, released in October 2011, measured the qualitative aspects of women’s shopping decisions. It found out that many Asian women are educated, independent and success-oriented.
LVMH Moet Hennessy Louis Vuitton SA ( EPA: MC ) opened at 126.40 on Monday. 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. They now have a €150.00 ($200.00) price target on the stock.
Louis Vuitton is Dino-mite
The more exotic leathers — stingray so thick you can’t stitch into it, python skins as long as eight meters — require specific expertise. Each exotic skin is colored and given a matte or glazed finish, then cut with pressurized machines, except for special orders, which are always cut by hand. Upstairs, craftsmen assemble and perfect the pieces. Glimpsing an unfinished handbag lining is like catching someone in her underwear: it appears denuded, vulnerable. Nearby, the wooden frames for the trunks are covered with canvas and leather. Following the rules on how to place the materials is a skill unto itself: the logo must always be centered, the monogram must never be cut, the flowers must correspond perfectly from one edge to another. Next, the signature Louis Vuitton “tumbler lock” is put in place. Since the founding of the company, every trunk has been given a unique registered lock number. It holds the secret of when the trunk was made, by whom, and where it was purchased.