Even North West’s changing bag is designer! Kanye takes some time out from daddy duties as he heads out for lunch toting a Louis Vuitton holdall

The 36-year-old rapper was seen toting an oversized Louis Vuitton holdall that could have easily passed for a baby bag as he headed out for lunch with a friend at Marmalade Cafe in Calabasas, California, on Wednesday. Taking a break from daddy duties: Kanye West was seen toting an oversized Louis Vuitton holdall that could have easily passed for a baby bag as he headed out for lunch with a friend at Marmalade Cafe in Calabasas, California, on Wednesday Dressed casually as he took some time out from his daddy duties to grab a bite to eat, the Through The Wire hitmaker shunned his usual penchant for blingy outfits in favour of a baggy navy T-shirt, jeans and hi-top trainers. ‘He doesn’t even know who I am’: Blonde bombshell denies getting ‘cosy’ with Kanye West at BET party while Kim Kardashian stayed home with their baby North Kanye seemed a little camera shy as he headed out for the day, turning his head away from the waiting cameras as he made his way into the eatery. The musician broke his own self-imposed privacy policy on Monday when he shared an adorable picture with his Twitter followers of his first Father’s Day gift from Kim, 32. Designer gear: It would seem the 36-year-old rapper is so besotted with his little bundle of joy that he’s taken to carrying around North West’s Louis Vuitton Metis changing bag with him He tweeted a photograph of two Apple computer mice signed by the company’s founders Steve Jobs and Steve Wozniak, alongside the caption: ‘One of the other gifts my girl gave me for fathers day.’ The couple welcomed their baby daughter, North ‘Nori’ West, into the world on June 15, and the pampered tot has already been showered with a whole host of designer gifts. Beyonce and Jay-Z – Kanye’s best pal – reportedly took along a staggering 5,000 worth of gifts on their first meeting with the little one, including a pair of personalised Christian Dior baby booties and a three-piece sterling silver Elsa Peretti Padova baby set. Stocking up: Kim’s assistant Laura was seen going to a baby store to pick up a baby bath in Calabases on Wednesday Just what you need!

Louis Vuitton parent company LVMH fined 8 million Euros in Hermes case

Shell be the No. 2 executive in a unit that accounts for half of LVMHs pretax earnings, evidence that shes being groomed for a top jobperhaps the top jobat the Paris-based luxury giant. While Vuitton is still the worlds most valuable luxury brand, its losing ground to competitors such as Gucci and Prada ( 1913 ) as demand wanes for the iconic LV monogrammed handbag. A report last month by consultancy Millward Brown Optimor estimated that Vuittons brand value declined 12 percent over the past year. LVMH in April reported its weakest fashion and leather goods revenues in more than three years as sales flattened in China. As consumers make room for those luxuries that make them feel better by trading down on other items, it is the middle-of-the-road brands, such as Vuitton, that have suffered, Millward Brown Optimor said. Delphine Arnaults task will be to give the brand a more exclusive aura, deemphasizing its ubiquitous monogrammed canvas bags and introducing costlier leather bags. In the short term, that could depress sales growth, as LVMH also has said it plans to open fewer Vuitton boutiques. Delphine is the eldest of Bernard Arnaults five children. For the past five years she has held the No.

Daughter’s Got a Brand New Bag, and It’s Louis Vuitton

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?

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