Louis Vuitton burns all unsold bags each year plus other unusual facts
The company has 6,000 reptiles, consisting of the saltwater species, which they breed for trade, and the Crocodylus mindorensis species which they raise for conservation. To ensure that the abattoir, which would slaughter at least 24 crocs a day, would meet global standards based on regulations of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), the animals to be culled would be hit by an electric stunner and then would cut the coil and check the croc’s brain to ensure it is dead. The farm, in turn, will sell the crocodile meat in the local market. The farm is registered with CITES and open to tourists who want to learn more about the crocodile industry in the Philippines. Mr Mercado said the farm is also into conservation of the crocs for ecological balance. Philippine waters have a large number of the saltwater crocodile. In 2011, the world’s largest crocodile, later named Lolong, was captured in the province of Agusan del Sur. However, Lolong died in early 2013 while in captivity. Besides Louis Vuitton, a local shoemaker is also into reptile fashion. Saldana Shoes has been making shoes, belts, bags and other fashion accessories since the 1950s.
Julie de Libran: Louis Vuitton’s secret weapon
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. This years China World Luxury Index shows Chinese consumer interest in the luxury fashion segment is mostly fixated on 10 global brands. After Chanel and Louis Vuitton comes Gucci in third place, followed by Hermes, Coach, Prada, Dior, Burberry, Giorgio Armani and Versace at No. 10.
The euros strength against some currencies may lead LVMH to charge more, Chairman and Chief Executive Officer Bernard Arnault said Jan. 31. Vuittons price increase in Japan, the biggest ever by the brand in the country, was taken to offset the impact of the yens slide on sales, the company said Feb. 20. In addition to protecting margins, the price increases must be seen, in our view, as a means to accelerate LVs repositioning towards more leather, Belge wrote. The decision will probably weigh on the number of items sold, though its the right thing for brand equity longer term. Vuittons 2013 sales may rise 6 percent, excluding currency moves, while volume may decline 2 percent to 3 percent, Belge wrote.
Sorry Louis Vuitton, China No Longer Into You
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. ‘He was meant to bring one, but you can’t separate a brother and sister.’ De Libran Louis Vuitton Outlet joined Louis Vuitton nearly five years ago as a womenswear director and, under the creative direction of Marc Jacobs, is the designer of Icons, the house’s line of classic pieces, as well as the cruise and pre-fall collections. These are the (now increasingly significant) interim collections that appear in the London stores in November and July respectively, just when regular customers need a fresh fashion fix. ‘Women want to add some excitement to their wardrobe all year round,’ says de Libran. ‘Something new and desirable.’ From the current pre-fall collection they might choose a swing-back orange mini-coat, a thigh-scraping skirt in lace-printed silk twill, or a double-breasted jacket with daringly extended shoulders and exaggerated sleeves: de Libran doesn’t pull punches when it comes to a strong silhouette. The inspiration for the collection, she says, was Francois Truffaut’s 1968 film The Bride Wore Black . ‘I didn’t watch the film again – it’s more important to work from memory than to be literal,’ she says.
Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says
Believe it or not, designer label Louis Vuitton destroys their unsold bags in order to keep their prices high, according to this collection of unusual trivia. Did you know that the offspring of two pairs of identical twins are genetic siblings? Or that cats’ kidneys are so efficient they can survive drinking seawater? Check out the gallery below for other unusual internet trivia. Click on thumbnails for larger image