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

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

Believe Louis Vuitton Purses 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

expresses ‘deep concern’ about South Sudan violence (Reuters) 02:36 Obama emphasizes U.S. commitment to Syrian rebels in call to Saudi king (Reuters) 01:44 Third person dies in Asiana air crash, San Francisco hospital says (Reuters) 00:43 CNN report: Israel behind recent Syria strike, U.S. officials say (Haaretz) 00:12 Bomb attack in coffee shop in Iraqi city of Kirkuk kills 31, police say (Reuters) 22:59 Saudi princess arrested in human trafficking case (AP) 22:11 Egypt turns back flights from Syria after tighter visa rules, UN refugee agency says (Reuters) 21:19 U.S. State Department says U.S. ambassador to Egypt met with Egypt’s interim president (Reuters) 20:34 U.S.

Louis Vuitton’s bags to riches make aliyah – just in time for the Israeli summer

Abba Eban and Henry Kissinger

expresses ‘deep concern’ about South Sudan violence (Reuters) 02:36 Obama emphasizes U.S. commitment to Syrian rebels in call to Saudi king (Reuters) 01:44 Third person dies in Asiana air crash, San Francisco hospital says (Reuters) 00:43 CNN report: Israel behind recent Syria strike, U.S. officials say (Haaretz) 00:12 Bomb attack in coffee shop in Iraqi city of Kirkuk kills 31, police say (Reuters) 22:59 Saudi princess arrested in human trafficking case (AP) 22:11 Egypt turns back flights from Syria after tighter visa rules, UN refugee agency says (Reuters) 21:19 U.S. State Department says U.S. ambassador to Egypt met with Egypt’s interim president (Reuters) 20:34 U.S.

From bags to riches: Louis Vuitton flagship store opens in Tel Aviv

Abba Eban and Henry Kissinger

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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