Louis Vuitton Raised Most Non-Leather Handbag Prices, HSBC Says
Artisans at Louis Vuitton’s shoe atelier in Italy work on the high-heeled ankle-strap shoes for the luxury houses’s autumn/winter ready-to-wear show at Paris Fashion Week. Photos: Katya de Grunwald According to Alfandary, a Frenchman who trained as an architect but who has devoted his working life to shoe production, it made sense to base the Louis Vuitton shoe atelier in what he describes as ‘the birthplace of luxury shoemaking’. Venice does indeed have a long history of shoemaking, not least for its 16th-century chopines, which at their most extreme were more akin to stilts than to shoes and are thought to have originated from raised wooden Turkish bathhouse shoes. They must have been practical for navigating Venice’s floodwaters. There is still a small artisan shoemaking community in Venice, and other designers including Rick Owens and Vanessa Bruno use a factory in the region.
Louis Vuitton Neverfull bag now available in bright Epi leather
So is Louis Vuitton’s updated version of the Neverfull handbag. An iconic shape among the LV collection, the previously monogrammed tote is now available in a range of brightly dyed Epi leather textures, with statement red, fuchsia pink and tangerine (or Piment as they call it) leading the pack. Spacious and chic, the longstanding bag shape offers flexibility when it comes to dressing up or down, while those new hues are set to steal hearts the bag world over. What do you think? Loving the new Louis Vuitton? CLASSIC HANDBAG: Louis Vuitton Neverfull Epi in Piment orange
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Birkin highlights include candy coloured classics in ‘Aztec Bleu and orange’, ‘Violet’, ‘Orange’, ‘Rose Jaipur and gold’, ‘Rose Tyrien and Tosca’ and ‘White’, estimated to fetch between 5,000 and 8,000 each. Chain link charm belt, Yves Saint Laurent, 1980s (l) Large black enamel cuff, Kenneth J Lane, 1970s (r) Charm necklace Chanel, around 1986 (l) Large, Victorian style brooch and red floral earrings, Chanel, 1970s (r) Chanel’s highly anticipated signature quilted bags include a khaki green caviar leather classic flap bag (estimate: 2,000 – 2,500) and a black quilted leather bag (estimate: 1,000 – 1,200). They are offered alongside unusual designs such as a limited edition Louis Vuitton football, made to commemorate the World Cup tournament held in Paris in 1998 (estimate: 1,500 – 2,000). ‘The art of dressing’ is highlighted by a collection of vintage Louis Vuitton luggage. Louis Vuitton luggage has long been considered the epitome of style and glamour. Designers, celebrities and royalty have all travelled with the recognisable monogrammed cases in tow. An exquisite monogrammed example of the wardrobe trunk, with hanging space has an estimate of 6,500 to 7,500. The revolutionary wardrobe trunk was introduced in 1875, changing the way people packed for long-distance trips.
Christie’s holds online auction of Birkin bags, Louis Vuitton luggage and pieces by Elizabeth Taylor’s jeweller from just £200
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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 view 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. 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.