Louis Vuitton burns all unsold bags each year plus other unusual facts

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

Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says

‘He was meant to bring one, but you can’t separate a brother and sister.’ De Libran 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. ‘So in the collection, there’s a veil of black over everything, and that softens the colour and creates a moodier feeling.’ Looks from Louis Vuitton’s 2013 pre-fall collection There’s also a proliferation of bows at collars, pompoms on shoes and jewel-encrusted heels.

Sorry Louis Vuitton, China’s No Longer Into You

Bidding opens today and will run for 10 days providing opportunities for those around the world to land some of the most sought-after designs ever created, with some dating back to the 1950s. 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.

Julie de Libran: Louis Vuitton’s secret weapon

2 spot. David Sadigh, Founder & CEO of Digital Luxury Group,said Louis Vuittons weak first quarter had a lot to do with China being over-sold the brand. Brands from different segments ranging from Chanel to Coach or Burberry are continuing to grow. 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.

Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only auction from 2pm TODAY

Top seller: Lot 33, the 2011 35cm amethyst matte crocodile Birkin bag has a whopping final sale estimate of up to £28,000

The trunk maker owned by Paris-based LVMH Moet Hennessy Louis Vuitton SA (MC) lifted prices on bags such as the Speedy and NeverFull by about 10 percent in the euro region, Antoine Belge , an HSBC analyst, said today in a note to clients. Vuitton raised prices by at least 10 percent in the U.K. and U.S., and by 5 percent to 10 percent in Asian markets including China, Hong Kong, Taiwan and Singapore, the analyst wrote. 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.

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