LVMH Stands Up For Luxury-------
That Stephen Sprouse graffiti bag from Louis Vuitton? Cute and a good investment. LVMH made news by making money this quarter by sticking to a successful formula: Sell luxury goods at luxury prices. So you can stop waiting for that sale. [WWD ]
Hermès (the other brand boasting a profit ) shook things up in house, appointing Pierre-Alexis Dumas as the house’s sole artistic director. His cousin, Pascale Mussard, who shared the role, is now in charge of “limited edition objects in unusual or recycled materials.” Sustainable Birkins? Oui, s’il vous plait. [WWD ]
LOVE loves Aggy and Iggy, almost as much as Scotch eggs.
[The LOVE Blog]
In the last Depression, panties were the first things to go from women’s wardrobes (expendable!), but Natalia Vodianova’s lingerie and swimwear line for Etam (the model’s first) is priced to buy. English aristocrat husband not included. [WWD ]