Louis Vuitton Named World’s Most Valuable Luxury Brand
Posted by Andru Edwards Categories: Fashion Designers, News,
The French fashion house - whose creative director is Marc Jacobs - took the title for a seventh consecutive year after being valued at $25.9 billion following a study based on analysis of company performance and consumer interviews conducted by global research company Millward Brown Optimor.
Louis Vuitton beat off competition from Hermes, which was second with $19.1 billion, and Swiss watchmakers Rolex were third with $7.17 billion.
"Luxury is seen as a good investment with people increasingly buying classic pieces rather than high fashion. Those who can afford it indulge, including young professionals who, increasingly unable to buy houses, are spending their disposable income on mid-tier luxury," Nick Cooper, managing director of Millward Brown Optimor, said in a statement.
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Quote of the Day: Victoria Beckham Sets Birkin Rumor Straight
Posted by Robin Paulson Categories: Celebrities, Fashion Designers, Rumors, Accessories,
“Silly stories, where do they come from? I have enormous respect and admiration for Hermes so to read ‘Beckham is the new Birkin’ is yet another totally ridiculous tabloid fabrication. I will not be trading in my Birkin!”
- Designer Victoria Beckham sets the record straight regarding some Twitter rumors.
(Make sure to check out other notable quotes.)
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| WWD via Huffington Post
Items Du Jour: Rihanna Wears a Fanny Pack and a Nude Photo of YSL
Posted by Robin Paulson Categories: Celebrities, Fashion Designers, Fashion Shows, Hairstyles, Health & Beauty, News,
—After 7 years at the French fashion house, Jean Paul Gaultier will be leaving Hermès to concentrate on his own label. His last collection will be the Spring/Summer 2011 range scheduled to debut this October at Paris Fashion Week.
—If anyone can bring the fanny pack back, it’s Rihanna. The print-happy R&B singer was spotted in Ireland sporting a leopard Dolce & Gabbana bag around her waist. Sightseeing in style!
—After a year of everyone chasing down Olivier Theyskens following his departure from Nina Ricci, the designer is finally coming out with his first project. Theyskens is set to design a capsule collection for Theory, scheduled to appear in their Spring/Summer 2011 range.
—Kelly Osbourne has opted for a new hair color and admits that she’s become an exercise addict, going to the gym even when she doesn’t feel well!
—Kristen Stewart graces the cover for UK Elle looking… awkward. Not only does her face look strained, but her pose is slightly contorted (in a bad way). Twi-hards really ought to stop gobbling up these magazines; I’m rather tired of seeing her on fashion magazines.
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