Louis Vuitton series sets off as America’s Cup drama begins

Julie de Libran: Louis Vuitton’s secret weapon

For the first time the regatta will feature AC72s multihulls with rigid wing sails instead of soft sails, and hydrofoils that lift the boat out of the water at speeds of up to 45 knots (known as foiling). The Louis Vuitton Cup will serve as a crucial rehearsal for all teams sailing these catamarans. The boats are always with the times, says Louis Vuittons corporate events director, Christine Belanger, who says the relationship with the luxury maison has been good for both parties involved as they share much in common. Louis Vuitton is often unexpected and I think the Cup is also sometimes unexpected, she says in her thick French drawl. They share a mix of tradition and respect of the past and are also both looking ahead trying to find the best design, of a bag or watch or boat. More excitement, speed and danger The NASA-inspired AC72s are likely to make the regatta more exciting for spectators with competitors able to get up to higher speeds. But we could also be in for a dangerous event.

Louis Vuitton parent company LVMH fined 8 million Euros in Hermes case

After much name calling, accusation throwing and general slinging of verbal mud, French regulatory board AMF condemned LVMH for ‘failing to follow market rules’, when it discretely accumulated a significant stake in Hermes stocks. Citing the “seriousness of the successive breaches of public disclosure requirements, which consisted in concealing each stage of LVMH’s stake-building in Hermes,” as the fuel behind the hefty fine, the AMF appear to be in no doubt that there’s been foul play. LVMH however, continues to disagree. Brandin both the claim and punishment to be ‘unfounded’, the conglomerate has said it will appeal against the decision, despite further cases being already lodged against it by, yep you guessed it, Hermes. Though this chapter may be settled for now, expect more drama as the cases continue to pile up! Thoughts?

‘That was terrible, such a shock. My studio was next to his secretaries’ and they started screaming,’ she recalls. ‘I’d just been with clients from Miami, we’d done a fitting. I can’t even explain how bad it was.’ Through Versace she also met Princess Diana, ‘just once. She was so elegant and so tall – I didn’t expect that – and incredibly kind.’ And then, in 1998, she joined Prada, which you’d imagine was quite a leap from the razzmatazz of Versace. ‘I was brought in to introduce a more feminine side,’ she says with a laugh.

Louis Vuitton to buy croc skins

Quality crocodile skin commands a very high price and is said to be sold per centimetre. Peacekeepers to stay in Golan MANILA: The Philippine government will continue to deploy Filipino peacekeepers to Golan Heights provided that the United Nations will improve the security measures for them, a senior government official said yesterday. Foreign Affairs Secretary Albert del Rosario said this was the condition set by President Benigno S Aquino III after an assessment team, of which he is a member, submitted its recommendation to him. Subject to meeting considerations which the Philippines has made to enhance the security and safety of our peacekeepers, the President has expressed the Philippines is prepared to continue its United Nations Disengagement Observer Force participation, he said. He added that the president has agreed to continue with the deployment of the 340 contingent until August 11. Councillor shot dead in Abra MANILA: A councillor was killed and robbed after he bought cattle in Abra province, police said yesterday. Police identified the victim as Rogelio Talingdan, 52, a businessman of Sitio Naguilian, Brgy San Gregorio, Lapaz, Abra. Investigation showed that a gunman approached and shot the victim twice on the head after he negotiated to buy cattle at Brgy Talogtog, Dolores last July 4 at the porch of the cattle market office. The assailant grabbed the victims jacket which reportedly contained P500,000 then ran toward Brgy Kimmalaba also in Dolores, police said. Investigators recovered from the scene two slugs of still unknown gun calibre.

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