Following on from the oversized fuzzy mink handbags we saw at Paris Fashion Week , Marc Jacobs’ latest Vuitton bag offering teams all things fun and, yes fluffy, with chic shape, interesting accents and a healthy dose of the monogram. Short handles? Crossbody? Totes and shoulder bags? They’re all there, along with a dash of python, earthy tones and some very shiny gold shoulder chains… AW13 Handbags: Louis Vuitton
Say hello to Louis Vuitton’s new Pallas monogram handbag
Both tote and shoulder bag, it boats three main compartments, two with magnetic clips and one with a double zip closure, while the handles are joined by a detachable and adjustable shoulder strap. Add to that two rich colour ways (more to come next month), plus a mix of canvas, cowhide and calf leather, and there you one sumptuous new LV. What do you think? Instagram / Louis Vuitton
Daughter’s Got a Brand New Bag, and It’s Louis Vuitton
2 executive in a unit that accounts for half of LVMHs pretax earnings, evidence that shes being groomed for a top jobperhaps the top jobat the Paris-based luxury giant. While Vuitton is still the worlds most valuable luxury brand, its losing ground to competitors such as Gucci and Prada ( 1913:HK ) as demand wanes for the iconic LV monogrammed handbag. A report last month by consultancy Millward Brown Optimor estimated that Vuittons brand value declined 12 percent over the past year. LVMH in April reported its weakest fashion and leather goods revenues in more than three years as sales flattened in China. As consumers make room for those luxuries that make them feel better by trading down on other items, it is the middle-of-the-road brands, such as Vuitton, that have suffered, Millward Brown Optimor said. Delphine Arnaults task will be to give the brand a more exclusive aura, deemphasizing its ubiquitous monogrammed canvas bags and introducing costlier leather bags. In the short term, that could depress sales growth, as LVMH also has said it plans to open fewer Vuitton boutiques. Delphine is the eldest Buy Louis Vuitton of Bernard Arnaults five children. For the past five years she has held the No.
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