Not been keeping up with the fraud fight? Don’t worry, we’ve summarised the full details for you here , but basically Hermes has accused Louis Vuitton’s parent company of illegally trying to amass a majority stake in its shareholdings. As the case continued to play out in a French court this week, Hermes reportedly accused LVMH of committing the “most important fraud in the history of the French stock market.” It’s a heavy claim and Hermes representatives have shown no sign of wavering under the power of their words, but despite the severity of the accusations, LVMH is still claiming total innocence. In fact, a spokesperson has gone so far as to tell French newspapers that Hermes’ claims should be dismissed entirely, and considered a part of a wider slander campaign. Eeish. You can’t get more of an ‘it wasn’t me’ than that. What do you think? Reckon LVMH was up to no good? More details here to help you decide.
The 2.55 remains the most popular bag today, both vintage and new. In fact, Chanel released an exact copy of the original 2.55 in February 2005 to commemorate the bags 50th birthday. It remains a design classic, with its quilted exterior and double chain straps. Fans will know that the burgundy leather interiors were said to be inspired by Chanels convent school uniform and that when this bag has the Mademoiselle lock, it is known as a Classic Flap. The Double C lock was introduced in the Louis Vuitton Purses 1980s. This sale includes several variants of the 2.55. Lot 18: An emerald fabric classic flap bag Chanel, 2009-10 with silvertone metal hardware, classic chain, dustbag and box 30.5 cm, estimate: 1,500 – 2,500 Lot 65: An Hermes tan box lather passe-guide bag from 1979, estimated to fetch 2,500 – 3,500 The Vintage Couture: Handbags and Accessories online-only auction features 102 exquisite items. Lot 18: A 30cm 2011 lime bag, estimate 10,000-15,000 (left) and Lot 34: A crocus 2012 with silver palladium hardware, padlock, keyfob and dustbag 35 cm, estimate: 5,000-7,000 (right), both Epsom leather Birkins by Hermes Lot 5: A 2005 45cm limited edition monogram cerise canvas keepall bag Takashi Murakami for Louise Vuitton, goldtone metal hardware with handle fastener and dustbag, estimate:1,000 – 2,000 Prices start at 400 at Christies.com . Bonhams auction fashion magazine collection for 15,000 Man In A Vuitton Bag at Bonhams is a rare collection of ‘the world’s chicest magazine’ – and it’s going under the hammer. Edition 18 of the contemporary fashion, art and design periodical Visionare is a Fashion Special which comes in a monogrammed Louis Vuitton portfolio. It sold its entire 2,500 print run in less than three weeks and is now to be sold at the Bonhams Books, Maps, Manuscripts and Photographs sale in Knightsbridge on Wednesday 19 June. It is part of a collection of 53 issues of Visionaire, for sale as one lot, estimated at 15,000-20,000.
Theyre also, of course, traveling by private plane. The video has sparked criticism from all over the world, prompting Thailands Office of National Buddhism to announce it is now monitoringAthe monks for inappropriate behavior. The agencysAdirector-general Nopparat Benjawatananun said this week : When Lord Buddha was alive, there wasnt anything like this. There were no cars, smartphones or cameras, so the rules were much simpler. While the monks need to keep themselves abreast of new knowledge, current events and technology, they are restrained to choose the appropriate tools. Nopparat added that the Buddhist monks in the video were acting inappropriately, not composed and not adhering to Buddhas teachings of simplicity and self-restraint. Glad thats settled. He did, however, offer one interesting piece of data by way of explanation: AIn many cases, it was the followers who front page gave the monks the luxury. Some bought them sports cars. This is by no means necessary. While it is ridiculous that followers of Buddhism would think 1) a Louis Vuitton bag is a cool thing to buy and 2) they should totally give it to a monk to show their appreciationwe think carrying logo purses is gross regardless of your commitment toAasceticism.
Pricey accessories: Louis Vuitton has raised the prices on many of its best-selling items by up to 12per cent – pictured is the Speedy handbag (left) and Neverfull tote (right) According to analysts’ estimates canvas items make up about two-thirds of Louis Vuitton’s total accessories sales. Price increases of around ten per cent were spotted in the euro zone, and of ten per cent or more in the UK and in the U.S. over recent months. It also noted hikes of five to ten per cent on the same goods in several Asian markets including China, Hong Kong, Taiwan and Singapore. Where ARE your clothes made, Juicy Couture? Confusing slogan says ‘manufactured in the glamorous USA’ but tags read ‘made in Vietnam’ Japan was the first to feel the pinch. On February 15 prices were upped by about 12per cent to account for the yen plummeting to a three-year low against the dollar and the euro. A spokesperson for Louis Vuitton explained to Bloomberg at the time: ‘We are an importer, so the weakening yen and rising raw material prices are part of the reason for the price increase.’ Analysts said the higher prices are unlikely to drive away its most loyal customers, who often don’t check price tags before they buy. Popular picks: Louis Vuitton is a go-to brand for the rich and famous – Jennifer Love Hewitt (left) and Hilary Duff (right) are fans of the French luxury good company A retail analyst said: ‘[Luxury] brand goods have low price sensitivity. People who buy those brands wont be so frugal as to care about another 10,000 yen.’ The New York-based website Mizhattan reported the U.S.
With Fall comes a whole host of fashions and accessories. Louis Vuitton teamed up with sibling fashion duo Jake and Dinos Chapman a.k.a. the Chapman Brothers to go in on the Fall/Winter Accessories collection. Known for their eye-catching and provocative designs, The Chapman Brothers brought a new element to the Louis Vuitton brand. The bags and scarves are adorned with a heavily embroidered and colorful pattern, compliments of the Chapmans. The edgy patterns have navy blue and red bases, with owls, vines, flowers, sharp-teethed koalas, and even an eye ball as part of the design. This limited edition collection will be dropping soon at Louis Vuitton stores worldwide. Check the gallery after the jump to some of the pieces and the design.
(POTUS scored an Hermes golf bag, a Louis Vuitton briefcase and a Lacoste shirt from President Sarkozy in 2011 alone.) But the rest of the world’s leaders got in on the fun at this week’s G8 Summit : Women’s Wear Daily reports that Mulberry gifted Obama and his fellow attendees with sweet monogrammed leather bags . Japanese Prime Minister Shinzo Abe, Russian President Vladimir Putin, UK Prime Minister David Cameron, French President Francois Hollande, Canadian Prime Minister Stephen Harper, Italian Prime Minister Enrico Letta and President Obama all reportedly received brown leather overnight bags from Mulberry’s Fall 2013 collection. As the only woman of the group, Germany’s German Chancellor Angela Merkel got a black Piccadilly bag, one of the British brand’s classic leather handbags. ( It’s going for $2,300 on Mulberry’s website right now, if you’re looking to channel the German politico.) The fashionable gifts are a nice perk, especially since the G8 turned out to be a surprisingly informal conference. Over the course of the two-day event in Northern Ireland, we barely saw anyone wearing a tie — Prime Minister Shinzo Abe even got away with a snazzy pink shirt and two-toned shoes . Unfortunately, no sightings of the Mulberry bags. The Piccadilly Bag: Barack Obama has always been pretty stylish… Loading Slideshow Obama (kneeling in front row) 1970s
One monk is rubbing his eyes, apparently stressed, while a second monk sits in the back with earphones. The behavior of the monks has been referred to as “inappropriate.” “When Lord Buddha was alive, there wasn’t anything like this. There were no cars, smartphones or cameras, so the rules were much simpler. While the monks need to keep themselves abreast of new knowledge, current events and technology, they are restrained to choose the appropriate tools,” the agency’s director-general Nopparat Benjawatananun said in a statement this week, according to The Gloss. Nopparat added that the monks in the video were acting “inappropriately, not composed and not adhering to Buddha’s teachings of simplicity and self-restraint.” It is unclear where the monks might have collected such expensive items. The director suggested that at times, followers of Buddhism often share gifts with monks to show their appreciation. Like us on Facebook “In many cases, it was the followers who gave the monks the luxury. Some bought them sports cars.
The “6 Wild” gang had what it thought was a foolproof cash and drug-flow scheme. They’d rob other gangsters of drugs and cash under the safe assumption that the victims wouldn’t call the cops. First, though, they’d send in young female gang members to befriend the intended victims and find out where and when the goods would be on hand. Trouble was, their girl spies didn’t always bring back reliable information. On at least three occasions in February, 2012, 6 Wild wound up mistakenly beating and holding guns to the heads of Bronx civilians — who did in fact report the brutal robberies to the police, officials said. Eleven alleged members, all from the Bronx and between the ages of 19 and 24, have been charged with conspiracy, robbery, burglary, assault, menacing, strangulation and drug possession The investigation was the joint effort of the NYPD, the city’s Special Narcotics Prosecutor, Bridget Brennan, and the Bronx DA’s office. The gang carried out around two home invasion robberies a month and frequently spurred retaliatory shootings in the Bronx and Harlem, officials said. They’d carry off their loot in oversized bags by Louis Vuitton and Gucci, Brennan said in announcing the bust. “They swore allegiance to only one thing — the Gucci bags full of cash that they collected from committing their crimes,” Brennan said. In addition to attracting police attention by mistakenly robbing civilians, 6 Wild further incriminated itself by posting scores of photos on Facebook showing off their stolen cash, jewelry and watches, often posted on the same day as the robberies.