LVMH Lipstick Growing Bigger Than Bags as Vuitton Slows: Retail
Well, she’s only gone and read our minds by emptying out her designer bag on Instagram. Hurrah! Something tells us those gorgeous nude heels don’t quite fit, but as for all her beauty essentials, they most certainly do. Equipped, of course, with her own natural skincare range KORA Organics, she also packed in two summer bright balms in red and pink keeping her failsafe lip shades close by, we like her style. Eyelash curlers and a powder foundation rounded off the mini makeup haul, to be teamed with Miranda’s fave retro sunnies. Instagram / Miranda Kerr
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
Julie de Libran: Louis Vuitton’s secret weapon
Their shelves are dotted with art books – among them an Elizabeth Peyton monograph, a signed copyof Jeff Koons’ Versailles catalogue and a newly acquired David Bowie book from the V&A show. De Libran with Marc Jacobs ‘I loved it,’ she says of the exhibition, which she travelled to London especially to see. ‘You just put on those headphones, and you remember all your personal experiences that relate to his music. And he was so good-looking and tiny – his waist, his hips. 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.
Bag a bargain! Hermès, Chanel and Louis Vuitton among 84 designer handbags up for online-only auction from 2pm TODAY
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.
And its reasonably priced. With Vuittons sales growth slowing from Barcelona to Beijing, catering to beauty buyers like Le Sassier is getting more important for LVMH. As shoppers curb spending on $940 Neverfull bags while splurging on $31 Dior Addict lipsticks, Sephora will help LVMHs Selective Retailing unit overtake fashion and leather goods as its biggest business by 2018, Sanford Bernstein estimates. That leaves LVMH better placed than rivals such as PPR SA to weather stagnating luxury demand. Sephora is a category killer, said Sanford Bernstein analyst Mario Ortelli. Investors concerned that sales of the Vuitton brand will keep fading are overcautious about LVMH. The owner of more than 60 brands — from Dom Perignon champagne to Bulgari jewelry — LVMH in April reported its weakest fashion and leather goods sales in more than three years.