Louis Vuitton Siwa Soft Leather Briefcase
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This soft briefcase is comfortable and durable. The round design and special material of it remind people of the warm sand in Saharan Siwa district. It’s really the low-key example of the exquisite arts and crafts of Louis Vuitton. This soft briefcase features exquisite textured calfskin leather, cotton lining, shiny silver brass hardware, zip closure, interior zipped patch pocket and a perforated Louis Vuitton trademark on the outer surface when the inside is adorn with a Louis Vuitton tag.
The pure white color is so fresh that it suits to be carried in any seasons. It’s really very pretty. And I prefer the white one than the brown one for white is more beautiful and brown is a little too common.
trackback:http://blog.replicaestore.com/index.php/2010/01/louis-vuitton-siwa-soft-leather-briefcase/ louis vuitton
This soft briefcase is comfortable and durable. The round design and special material of it remind people of the warm sand in Saharan Siwa district. It’s really the low-key example of the exquisite arts and crafts of Louis Vuitton. This soft briefcase features exquisite textured calfskin leather, cotton lining, shiny silver brass hardware, zip closure, interior zipped patch pocket and a perforated Louis Vuitton trademark on the outer surface when the inside is adorn with a Louis Vuitton tag.
The pure white color is so fresh that it suits to be carried in any seasons. It’s really very pretty. And I prefer the white one than the brown one for white is more beautiful and brown is a little too common.
trackback:http://blog.replicaestore.com/index.php/2010/01/louis-vuitton-siwa-soft-leather-briefcase/ louis vuitton
The Four Classic Indicators of Jewelry Appreciation
1. Material
Material selection is very vital in high jewelry manufacture. Quality is the most important factor for fine jewelry and precious metal such as gold and platinum is preferred as they are inflation-proof. Besides, rare semi-precious stones and precious stones and fine diamonds are natural choices for high jewelry. Due to the advanced technology nowadays, the gem stones on the market are mostly after specific treatment to overstate their value; therefore, only high jewelry made of 100% genuine natural stones (for example, without heat-treatment) has quality assurance.
Material selection is very vital in high jewelry manufacture. Quality is the most important factor for fine jewelry and precious metal such as gold and platinum is preferred as they are inflation-proof. Besides, rare semi-precious stones and precious stones and fine diamonds are natural choices for high jewelry. Due to the advanced technology nowadays, the gem stones on the market are mostly after specific treatment to overstate their value; therefore, only high jewelry made of 100% genuine natural stones (for example, without heat-treatment) has quality assurance.
the hope diamond buyreplicaluxury.com
There are several masterpiece works among the existing deep-blue diamonds, one of them being the Hope Diamond.
2. History
Besides the design, the rarity and value of the gem stones inset on high jewelry are crucial factors when appraising the history value of high jewelry. With the change of nature, exploitation of human beings and natural minerals getting rare, there are fewer and fewer opportunity to discover natural gems of high-quality and high-carats, and some gemstone origins even have been out of production. As a result, a high-quality rare gem such as Kashmir Sapphire and Burma Ruby enjoys high history warranty value. To determine the historical value of a high-level jewelry, people should first determine its naturalness and quality, and the gem certificate can be said as the value certificate of high jewelry. The experience of the appreciator, assistance of equipments and a certificate are a must to identify the authenticity of antique jewelry.
There are several masterpiece works among the existing deep-blue diamonds, one of them being the Hope Diamond.
2. History
Besides the design, the rarity and value of the gem stones inset on high jewelry are crucial factors when appraising the history value of high jewelry. With the change of nature, exploitation of human beings and natural minerals getting rare, there are fewer and fewer opportunity to discover natural gems of high-quality and high-carats, and some gemstone origins even have been out of production. As a result, a high-quality rare gem such as Kashmir Sapphire and Burma Ruby enjoys high history warranty value. To determine the historical value of a high-level jewelry, people should first determine its naturalness and quality, and the gem certificate can be said as the value certificate of high jewelry. The experience of the appreciator, assistance of equipments and a certificate are a must to identify the authenticity of antique jewelry.
gem mosaic buyreplicaluxury.com
The jewelry artisans of Cartier have great skills.
3. Craft
Every brand has its own traditional and unique designs and mosaic technology, such as the “secret setting” invented by Van Cleef & Arpels. Unique crafts and distinguishing features of the brand are indispensable for any piece of high jewelry. Except for individual style, how to fully reveal the luster of the material is the concern of jewelry artisans when at work.
The jewelry artisans of Cartier have great skills.
3. Craft
Every brand has its own traditional and unique designs and mosaic technology, such as the “secret setting” invented by Van Cleef & Arpels. Unique crafts and distinguishing features of the brand are indispensable for any piece of high jewelry. Except for individual style, how to fully reveal the luster of the material is the concern of jewelry artisans when at work.
Van Cleef & Arpels Ballet Précieux antique jewelry collection
Lea Necklace from the De Beers buyreplicaluxury.com
4. Design
Beauty is the pursuit of jewelry creation, and the inspiration of the latter usually comes from real life. In the form of imitation, jewelry artisans transform the real-life bit by bit, such as plants and animals from the nature and human emotions into extraordinary jewelry pieces. Beauty is essential in creation. In a piece of successful jewelry work, you can feel the beauty and spirit of the source of inspiration. The unique qualities of the inspiration will infuse into the piece and fill it with unlimited appreciation and art value.
trackback:http://blog.buyreplicaluxury.com/index.php/2009/11/the-four-classic-indicators-of-jewelry-appreciation/ louis vuitton
4. Design
Beauty is the pursuit of jewelry creation, and the inspiration of the latter usually comes from real life. In the form of imitation, jewelry artisans transform the real-life bit by bit, such as plants and animals from the nature and human emotions into extraordinary jewelry pieces. Beauty is essential in creation. In a piece of successful jewelry work, you can feel the beauty and spirit of the source of inspiration. The unique qualities of the inspiration will infuse into the piece and fill it with unlimited appreciation and art value.
trackback:http://blog.buyreplicaluxury.com/index.php/2009/11/the-four-classic-indicators-of-jewelry-appreciation/ louis vuitton
Dior Claims To Launch The Second Generation Of Luxury Handsets By The End Of The Year
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The second generation of luxury mobile phones by Dior
This brand new de luxe cell phone is to be launched in December, 2009. This cell phone features gold-plated mobile phone shell and black PVD earphones inset with blue crystal.
This cell phone model offers two styles: one is called Zelie with a red phone shell at the price of around $7,900; the other is named Zenaide with a white phone cell, at about $13,400.
trackback:http://blog.buyvertureplica.com/index.php/2009/11/dior-claims-to-launch-the-second-generation-of-luxury-handsets-by-the-end-of-the-year/ vertu
The second generation of luxury mobile phones by Dior
This brand new de luxe cell phone is to be launched in December, 2009. This cell phone features gold-plated mobile phone shell and black PVD earphones inset with blue crystal.
This cell phone model offers two styles: one is called Zelie with a red phone shell at the price of around $7,900; the other is named Zenaide with a white phone cell, at about $13,400.
trackback:http://blog.buyvertureplica.com/index.php/2009/11/dior-claims-to-launch-the-second-generation-of-luxury-handsets-by-the-end-of-the-year/ vertu
Industrial Elements, Best For Styling
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In the fall and winter of 2009, wearing a strong poised handbag and you will look as handsome as a knight. With the use of metals, leather and multi-layers, Miu Miu creates a powerful Duchess look with several hardware studded handbags; while Roberto Cavalli chooses a simpler light color tones to present a strong soul in very calm attitude.
In the fall and winter of 2009, wearing a strong poised handbag and you will look as handsome as a knight. With the use of metals, leather and multi-layers, Miu Miu creates a powerful Duchess look with several hardware studded handbags; while Roberto Cavalli chooses a simpler light color tones to present a strong soul in very calm attitude.
industrial-trend-3-buyreplicahandbags.info
Trend analysis:
1. Hardware decoration;
2. Material stitching such as cow leather, tweed and canvas is a new hit this season;
3. Black is the mainstream tone in creating industrial era atmosphere.
Representative brands: Loewe, Miu Miu
Top 3 Best Buys:
1. Zip adorn shoulder bag, reason for recommendation: easy to create a strong look;
2. Metal chain bags, reason for recommendation: exquisite and unique;
3. Colorant matching and different material stitching bags, reason for recommendation: great layering and nice details.
Trend analysis:
1. Hardware decoration;
2. Material stitching such as cow leather, tweed and canvas is a new hit this season;
3. Black is the mainstream tone in creating industrial era atmosphere.
Representative brands: Loewe, Miu Miu
Top 3 Best Buys:
1. Zip adorn shoulder bag, reason for recommendation: easy to create a strong look;
2. Metal chain bags, reason for recommendation: exquisite and unique;
3. Colorant matching and different material stitching bags, reason for recommendation: great layering and nice details.
industrial-trend-buyreplicahandbags.info
Tips:
Zip adorn shoulder bags not only can create a strong women look, from the point of practicality, they also have great capacity. Peg-topped pants, peep-toe sandal and a zip adorn shoulder bag can turn you into an IT girl. And of course you can try another special style by matching a strong poised bag with items of different style, such as grey cashmere pullover, khaki fingerless gloves, floral print chiffon dress and tweed coat.
trackback:http://www.buyreplicahandbags.info/index.php/2009/11/industrial-elements-best-for-styling/ louis vuitton
Tips:
Zip adorn shoulder bags not only can create a strong women look, from the point of practicality, they also have great capacity. Peg-topped pants, peep-toe sandal and a zip adorn shoulder bag can turn you into an IT girl. And of course you can try another special style by matching a strong poised bag with items of different style, such as grey cashmere pullover, khaki fingerless gloves, floral print chiffon dress and tweed coat.
trackback:http://www.buyreplicahandbags.info/index.php/2009/11/industrial-elements-best-for-styling/ louis vuitton
Fendi Launched Limited Roll Bag For Korea Lotte Department Store
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To celebrate the 30th anniversary of the opening of South Korea’s Lotte Department Store, as reported by HandbagsMaster.com, Fendi has especially launched a limited edition Roll Bag which is only available in Lotte Department Store.
The limited edition Roll Bag is inspired from the ‘triple L’ logo of Lotte, with ‘Love, Life, Liberty’ as design theme. Special red, yellow and blue letters of ‘Love,Life ,Liberty’ in artistic font on Fendi’s double F logo patterns, is charming and interesting, and such comfortable design is bound to attract attention. In the face of such a trendy yet elegant designer handbag, how can a boutique collector fascinated by limited editions miss it?
The Fendi Limited Roll Bag for Lotte Department Sore’s 30th anniversary will start for sale in South Korea’s Lotte Depart Store since October, 2009 and only a limited quantity is available.
trackback:http://blog.handbagsmaster.com/index.php/2009/10/877/ designer handbags
To celebrate the 30th anniversary of the opening of South Korea’s Lotte Department Store, as reported by HandbagsMaster.com, Fendi has especially launched a limited edition Roll Bag which is only available in Lotte Department Store.
The limited edition Roll Bag is inspired from the ‘triple L’ logo of Lotte, with ‘Love, Life, Liberty’ as design theme. Special red, yellow and blue letters of ‘Love,Life ,Liberty’ in artistic font on Fendi’s double F logo patterns, is charming and interesting, and such comfortable design is bound to attract attention. In the face of such a trendy yet elegant designer handbag, how can a boutique collector fascinated by limited editions miss it?
The Fendi Limited Roll Bag for Lotte Department Sore’s 30th anniversary will start for sale in South Korea’s Lotte Depart Store since October, 2009 and only a limited quantity is available.
trackback:http://blog.handbagsmaster.com/index.php/2009/10/877/ designer handbags
Digital Fashion Of Haute Couture
Tags: designer handbags, haute couture
Digital Fashion Of Haute Couture
Do you marvel at the fascinating evening dress and flowing skirt of Haute Couture, and the delicate hairstyle of the models? We can’t help wondering how many people and things have been devoting their efforts into the perfections.
Here below is a digital information report of four fashion show of the recent Paris Haute Couture Fashion Week, get ready to be surprised!
Digital Fashion Of Haute Couture
Do you marvel at the fascinating evening dress and flowing skirt of Haute Couture, and the delicate hairstyle of the models? We can’t help wondering how many people and things have been devoting their efforts into the perfections.
Here below is a digital information report of four fashion show of the recent Paris Haute Couture Fashion Week, get ready to be surprised!
There are 2,000 feathers on this set of Jean Paul Gaultier Haute Couture
Common fabrics: leather, alligator leather, Celluloid
Quantity of each fabric used: over 90 meters
Number of hats: 4
Veil: 1
Types of feathers used: Ostrich, egret
Average number of accessories per set: 2~5
Tailors employed: 40
Time spent on each piece: 80 hours to 300 hours
The finale clothing: a gold gown, worn by Michelle Boswell
Weight: 12 pounds
The longest trailing: 5 meters
The highest heel: 14 cm
The farthest origin of materials: from India to Paris
Number of models: 26
Common fabrics: leather, alligator leather, Celluloid
Quantity of each fabric used: over 90 meters
Number of hats: 4
Veil: 1
Types of feathers used: Ostrich, egret
Average number of accessories per set: 2~5
Tailors employed: 40
Time spent on each piece: 80 hours to 300 hours
The finale clothing: a gold gown, worn by Michelle Boswell
Weight: 12 pounds
The longest trailing: 5 meters
The highest heel: 14 cm
The farthest origin of materials: from India to Paris
Number of models: 26
The Chanel show has 450,000 sequins and pearls
Common fabrics: tweed, silk, silk tulle, velvet, satin, lace, fancy yarn
Quantity of each fabric used: the shortest is 6 meters, the longest can reach to 25m (for cocktail dress)~35m (long dress)
Number of hats: 20
Veil: 0
Types of feathers used: rooster, duck, guinea fowl
Weight of feathers used: 130 grams
Sequins and pearls used: 450000
Average number of accessories per set: 3 to 4
Time spent on each piece: 2 weeks
Tailors for the finale piece: 3
Time spent on the finale piece: over 500 hours
Weight: 12 pounds
The longest trailing: 5 meters
The highest heel: 14 cm
The farthest origin of materials: from Japan to Paris
Common fabrics: tweed, silk, silk tulle, velvet, satin, lace, fancy yarn
Quantity of each fabric used: the shortest is 6 meters, the longest can reach to 25m (for cocktail dress)~35m (long dress)
Number of hats: 20
Veil: 0
Types of feathers used: rooster, duck, guinea fowl
Weight of feathers used: 130 grams
Sequins and pearls used: 450000
Average number of accessories per set: 3 to 4
Time spent on each piece: 2 weeks
Tailors for the finale piece: 3
Time spent on the finale piece: over 500 hours
Weight: 12 pounds
The longest trailing: 5 meters
The highest heel: 14 cm
The farthest origin of materials: from Japan to Paris
This piece of Christian Lacroix has taken the tailors 200 hours to finish.
Common fabrics: woolen cloth, tweed, fleece
Quantity of each fabric used: 6 meters (for jackets), 5m (for coats), 12m
Average number of accessories per set: 3
Average number of tailors for each set: 2
Number of tailors needed for a Atelier Dress: 13
Time spent on the finale piece: over 200 hours
Tailors for the wedding dress: 4
Sources of materials: Italy, France, London, Belgium
Number of models: 10
Common fabrics: woolen cloth, tweed, fleece
Quantity of each fabric used: 6 meters (for jackets), 5m (for coats), 12m
Average number of accessories per set: 3
Average number of tailors for each set: 2
Number of tailors needed for a Atelier Dress: 13
Time spent on the finale piece: over 200 hours
Tailors for the wedding dress: 4
Sources of materials: Italy, France, London, Belgium
Number of models: 10
This waistcoat of Margiela has used 245pieces of false eyelashes
Common fabrics: lambskin leather, suede, wool
Number of caps of pens: 2,000
Number of false eyelashes: 245
Decorative jewelry chain: 20 meters
Bike reflectors: 300
Number of fan: 24
Average time spent on each clothes: 20~26 hours (the false eyelashes waistcoat), 30 hours (the cap-of-a-pen smoking suite), 42 hours (the chain biker jacket)
Types of fur: rabbit, fox
trackback: http://blog.handbagsmaster.com/index.php/2009/09/digital-fashion-of-haute-couture/designer handbags
Common fabrics: lambskin leather, suede, wool
Number of caps of pens: 2,000
Number of false eyelashes: 245
Decorative jewelry chain: 20 meters
Bike reflectors: 300
Number of fan: 24
Average time spent on each clothes: 20~26 hours (the false eyelashes waistcoat), 30 hours (the cap-of-a-pen smoking suite), 42 hours (the chain biker jacket)
Types of fur: rabbit, fox
trackback: http://blog.handbagsmaster.com/index.php/2009/09/digital-fashion-of-haute-couture/designer handbags
Who’s Hurt By LV’s Price Reduction?
It is not occasional discounts but retail price reduction directly. Since early this year the 29 exclusive stores of LV in mainland China have quietly lowered down their prices by 2% to7% and the scale of price reduction includes all Louis Vuitton products from watches, jewelry, clothes, bags to shoes. This is the first price reduction of LV since the brand entered Chinese market, yet the price reduction isn’t applicable for the markets of Hong Kong and Macao. This price reduction of Louis Vuitton, a brand claims to offer no discounts and whose prices never lower down buy only raise is just like a depth bomb for the luxury goods industry and at the same time has triggered a chain reaction of many other luxury goods brands. From the new arrivals in June, top brands like Salvatore Ferragamo, Gucci, Fendi, Dior and Celine all have different discounts and promotions.
To create distance from the consumers and thus making consumers have fancies about them is the consistent principle of luxury industry marketing, and what makes LV look down and begin to their bold price reduction promotion? If taken the current global economic crisis and the status of the Chinese consumer market into consideration, you will find the top luxury brands actually have no alternative and their endless hope for the Chinese consumer market.
Why we say that they have no alternative is because cutting price is fairly a poor decision for luxury brands like LV, but they have to do this facing the Chinese consumer market potential. Louis Vuitton’s price cut is not recommended in two ways. On one hand, it is a fundamental principle of luxury goods to determine its market orientation through pricing, and a higher price is usually a sign and symbol of brand positioning, a way of telling consumers that they only serve people who can afford them, and thus keeping distance from consumers to stimulate consumers’ desire for owning the scarcity of expensive luxury goods; therefore, if a luxury product lowers its price after it has come to the market for a short time, consumers who have bought this product before will feel hurt and fooled, believing they have bought something unworthy and will be left with a bad brand image. On the other hand, for target consumers of brands like LV, the emotional satisfaction brought by the brand is much higher than the functional satisfaction of the products as the consumer recognition of the brand LV more depends on the brand’s high price and the small number of its clients. Under this situation, LV’s price cuts has in a certain sense hurt the feelings of the original high-end customers because the price reduction means the brand is extending their reach and care for the middle and low-end consumer groups, which is very difficult for high-end consumers to accept; and in fact this practice is not good for the expansion of existing customers as consumers will suddenly realize LV used to have such high profit that they can now make such a big cut in price, and these all hurt the brand core values of Louis Vuitton.
trackback:http://www.buyreplicahandbags.info/index.php/2009/09/who%E2%80%99s-hurt-by-lv%E2%80%99s-price-reduction/ louis vuitton
Why we say that they have no alternative is because cutting price is fairly a poor decision for luxury brands like LV, but they have to do this facing the Chinese consumer market potential. Louis Vuitton’s price cut is not recommended in two ways. On one hand, it is a fundamental principle of luxury goods to determine its market orientation through pricing, and a higher price is usually a sign and symbol of brand positioning, a way of telling consumers that they only serve people who can afford them, and thus keeping distance from consumers to stimulate consumers’ desire for owning the scarcity of expensive luxury goods; therefore, if a luxury product lowers its price after it has come to the market for a short time, consumers who have bought this product before will feel hurt and fooled, believing they have bought something unworthy and will be left with a bad brand image. On the other hand, for target consumers of brands like LV, the emotional satisfaction brought by the brand is much higher than the functional satisfaction of the products as the consumer recognition of the brand LV more depends on the brand’s high price and the small number of its clients. Under this situation, LV’s price cuts has in a certain sense hurt the feelings of the original high-end customers because the price reduction means the brand is extending their reach and care for the middle and low-end consumer groups, which is very difficult for high-end consumers to accept; and in fact this practice is not good for the expansion of existing customers as consumers will suddenly realize LV used to have such high profit that they can now make such a big cut in price, and these all hurt the brand core values of Louis Vuitton.
trackback:http://www.buyreplicahandbags.info/index.php/2009/09/who%E2%80%99s-hurt-by-lv%E2%80%99s-price-reduction/ louis vuitton
Elegant Shopping Bags of Chanel 09 S/S
Tags: Chanel, designer handbags
Chanel continues the gently whispering style in 09 spring and summer. The colors of black and white are the symbol of Chanel which has never been given up, echoing with the rhombic plaids neatly. It is so high fashion Bohemian and bourgeois to drift about or join in the environmental activities with Chanel’s shopping bags, satchel bags and guitar box.
In the distance, the bag looks like a CHANEL paper bag
The biggest confusion of purchasing such a bag is that whether you can put it on the floor (like you put a real paper bag on the floor) or not, after all it is a luxury product. I’m always amazed to watch actresses talking in detail about how they maintain their design handbags and shoes in television shows. Just like some year when I was still at primary school, I occasionally had a glance at the inside of a girl classmate’s rabbit shaped school bag, which was so clean that I, who was no more than ten years old at that time, had to take a deep breath. At that time, I thought that I would never be able to do that all of my life (indeed the prediction is very accurate).
The biggest confusion of purchasing such a bag is that whether you can put it on the floor (like you put a real paper bag on the floor) or not, after all it is a luxury product. I’m always amazed to watch actresses talking in detail about how they maintain their design handbags and shoes in television shows. Just like some year when I was still at primary school, I occasionally had a glance at the inside of a girl classmate’s rabbit shaped school bag, which was so clean that I, who was no more than ten years old at that time, had to take a deep breath. At that time, I thought that I would never be able to do that all of my life (indeed the prediction is very accurate).
If I have bought this Chanel tote bag, especial the white one, maybe for the first few days I could somehow to treat it quite carefully, and then I will forget automatically and just take it as a real paper bag and leave it around. But it is a ‘paper’ bag that worth nearly 10,000!
trackback:http://blog.handbagsmaster.com/index.php/2009/09/elegant-shopping-bags-of-chanel-09-ss/ designer handbags
trackback:http://blog.handbagsmaster.com/index.php/2009/09/elegant-shopping-bags-of-chanel-09-ss/ designer handbags
Louis Vuitton Attracting Fans From Harbin City
Tags: louis vuitton, lv
“Are these four handbags available or not? My daughter is particularly fond of them.” Says Mrs. Lee, who waits in line early for the Louis Vuitton exclusive store to open. On June 19, the world’s top luxury brand Louis Vuitton which costs hundreds of million Yuan to introduce into China was finally unveiled and met with the citizens in Harbin.
“Are these four handbags available or not? My daughter is particularly fond of them.” Says Mrs. Lee, who waits in line early for the Louis Vuitton exclusive store to open. On June 19, the world’s top luxury brand Louis Vuitton which costs hundreds of million Yuan to introduce into China was finally unveiled and met with the citizens in Harbin.
Reporter saw that in front of a red handbag with a price tag reading close to 30 thousand Yuan gathered four or five ladies, busy examining the bag and couldn’t take their hands off it.
Besides, the prices of Louis Vuitton’s several items are stunning and the watch counter where the watches started at several dozens of thousand Yuan are thronged. A latest design of LV’s watch collections is really extravagant, whose price is as high as 1.88 million Yuan.
Many consumers on-site told the reporter that they came for the brand of Louis Vuitton, whether able to afford or not, at least they must feast their eyes.
On receiving so many passionate consumers, a server transferred to the Harbin LV store from another LV store outside Harbin said to the reporter that they didn’t wish to encounter such situation as it was difficult to avoid negligence of service in case of streams of people.
trackback:http://blog.replicaestore.com/index.php/2009/07/louis-vuitton-attracting-fans-from-harbin-city/
Besides, the prices of Louis Vuitton’s several items are stunning and the watch counter where the watches started at several dozens of thousand Yuan are thronged. A latest design of LV’s watch collections is really extravagant, whose price is as high as 1.88 million Yuan.
Many consumers on-site told the reporter that they came for the brand of Louis Vuitton, whether able to afford or not, at least they must feast their eyes.
On receiving so many passionate consumers, a server transferred to the Harbin LV store from another LV store outside Harbin said to the reporter that they didn’t wish to encounter such situation as it was difficult to avoid negligence of service in case of streams of people.
trackback:http://blog.replicaestore.com/index.php/2009/07/louis-vuitton-attracting-fans-from-harbin-city/
The Biggest Luxury Consume Country: China
The answer is China, Russian, and the Indians who get better off earlier.
China has by far become the third largest market of luxury goods, only second to America and Japan. It is expected that by 2015 the growing middle class and the rich will make China the largest consumer. I have no doubt about this and even hold that China is likely to achieve this goal before that time. Lately, America’s Time Magazine has conducted a survey of the luxury brands best known among Chinese consumers. The result shows that the No. 1 goes to Rolex, followed by Lacoste, Valentino, Chanel and Dior. I wonder how come Louis Vuitton doesn’t show up in the list, how this survey is conducted.
Russian women’s love of beauty is familiar throughout the world, with their good name that they’d rather paint their lips than to appease their hunger. Ten years ago when I worked at a software company, I had a female colleague from Russia. Her salary wasn’t high, and her family wasn’t very well-off, however, her handbags are Chanel, shoes are Ferragamo, always wore gold necklace round her neck and at least three of her fingers wearing rings, which provided a sharp contrast with the American colleagues who wore Eddie Bauer. The last decade Russian people has made great money from selling oil and those money they all hand in to luxury brands. Russian people’s taste differs from that of the Chinese. Russian people don’t like to be low key, they especially like expensive jewelry that can show their status and wealth. In Russia, the five best known luxury brands are Versace, Dior, Chanel, Vyacheslav Zaitsev and Valentin Yudashkin in order. Interestingly, the last two are their native luxury brands.
There are old school aristocrats and rich people in India long ago, but the number is small, and they usually spend their money abroad, which is not amount to anything. In recent years, the call center service blossoming across this country has brought up a large group of young middle class, which is the main consumption force of India’s emerging luxury-goods market. India takes off later than China and Russia, but develops faster, thus called “the next China”. A few years ago when I was handling a consulting project, the other consultants are from our Indian office, all about 25, 26 years old. I happened to carry a Louis Vuitton handbag, and when they knew the piece, they eyes popped in surprise. I guess they must have bought their wives several LV bags over the past few years.
No Tide Of Merging Yet In Luxury Goods Business
Tags: No Tide Of Merging Yet In Luxury Goods Business
Prada’s profit rate this year has dropped by 22%, but there is no clue of any merger and acquisition so far. The problem is the owner is not willing to sell. It is just like what Mr. Rupert of Richemont Group said early last month that any company they would like to acquire was not for sale. Headquartered in Switzerland, this fashion group’s report this month shows that by the end of March this year, their net profit is 1.08 billion Euros, dropped by 31%.
According to Karen Walker, Senior Managing Director of Michel Dyens & Co., an investment banking firm focused on mergers and acquisitions, luxury goods companies, especially those most coveted are mostly family business, who are usually not interested in selling their shares. Besides, as the stock prices are going down on a continuous base, it is not a good timing to sell now.
Private companies like Hermes, louis vuitton and Chanel also state clearly that they don’t want and need, from the point of finance, to sell their shares.
In Italy, about 40% of the companies engaging in luxury goods business are private owned, such as Giorgio Armani. Analysts in Milan hold that whether Prada or Armani, although their business cross multiple aspects, and thus not affected by any industry shakeout, they still have to cut their expenditure.
Prada’s profit rate this year has dropped by 22%, but there is no clue of any merger and acquisition so far. The problem is the owner is not willing to sell. It is just like what Mr. Rupert of Richemont Group said early last month that any company they would like to acquire was not for sale. Headquartered in Switzerland, this fashion group’s report this month shows that by the end of March this year, their net profit is 1.08 billion Euros, dropped by 31%.
According to Karen Walker, Senior Managing Director of Michel Dyens & Co., an investment banking firm focused on mergers and acquisitions, luxury goods companies, especially those most coveted are mostly family business, who are usually not interested in selling their shares. Besides, as the stock prices are going down on a continuous base, it is not a good timing to sell now.
Private companies like Hermes, louis vuitton and Chanel also state clearly that they don’t want and need, from the point of finance, to sell their shares.
In Italy, about 40% of the companies engaging in luxury goods business are private owned, such as Giorgio Armani. Analysts in Milan hold that whether Prada or Armani, although their business cross multiple aspects, and thus not affected by any industry shakeout, they still have to cut their expenditure.