Showing posts with label Louis Vuitton. Show all posts
Showing posts with label Louis Vuitton. Show all posts

Thursday, June 29, 2023

French luxury brand tycoon Bernard Arnault in China

BEIJING — French billionaire and luxury brand magnate Bernard Arnault is in China this week, social media posts showed, the latest visit by a foreign executive keen to reconnect to the world's second-largest economy.

The world's second-richest man after Elon Musk and chairman of LVMH group, Arnault was seen in Beijing visiting the upscale SKP mall and the Arnaulthe Sanlitun Taikoo Li shopping center Tuesday, posts widely circulated on Weibo showed.

He was then spotted in the southwestern city of Chengdu on Wednesday, where he toured the city's International Finance Center and other upscale stores, posts said.

Chinese state media also reported the visit was taking place, citing the social media videos.

Arnault is accompanied by two of his children -- Delphine, who heads the Dior perfume and fashion brand, and Jean, who is director of watch development and marketing at Louis Vuitton -- videos showed.

China is critical to the luxury market, and before the pandemic made up a third of all global luxury goods spending.

The pandemic hit the industry hard, with China's share of the market sinking to 17 percent in 2022, according to analysts at UBS, who have said that 2023 will be the "year of the Chinese consumer".

"The Chinese clientele is much more important than it was in 2019," LVMH's financial director Jean-Jacques Guiony recently told journalists.

Arnault's LVMH group -- which includes dozens of brands including Louis Vuitton, Givenchy, and Kenzo -- has continued to post strong revenue and profit growth despite global economic headwinds.

Arnault has said he is "optimistic about the Chinese market".

Agence France-Presse

Sunday, June 30, 2013

What and how to fete a Vuitton


FOREMOST restaurateur Colin Mackay did another exceptional job yet again when he prepared the lunch for visiting scion Benoit Louis Vuitton last Monday at his Sala restaurant on Makati Avenue.

How do you suitably feed a Louis Vuitton heir, whose name has become a brand of luxury and sophistication?

Colin made everything simple, stark yet elegant—a table setting in black, crystal and spare blooms, and a menu that was sumptuous yet fresh and refreshing. Nothing pretentious or trying too hard.

Appetizer was seared scallop with Shimeji mushrooms and Jerusalem artichoke veloute. Then came a medallion of duck foie gras, parsnip puree and spiced sauteed apples, followed by a plate of blue swimmer crab, sweet shrimp, fennel and trout caviar spaghettini.

These were all in small portions so that the diner left room for the main course. It was a choice of ocean trout or Wagyu beef flank tagliata. The ocean trout came with beetroot carpaccio and horseradish potatoes; the beef with confited tomatoes, rocket and pangritata.

Dessert was strawberry, white chocolate and macadamia brittle semifreddo, passionfruit and rhubarb sorbet.

After lunch, the guest of honor stood up from the table with a wide smile on his face. Clearly, he was beginning to feel at home. His work done, it was also Colin’s turn to smile at us from the kitchen.

source: lifestyle.inquirer.net




Saturday, March 10, 2012

Louis Vuitton Paris Bag Exhibit

PARIS (AP) –``Fashions fade, style is eternal,'' Yves Saint Laurent once said.

An immutable fashion list must include the Ls Vuitton bag, on display demurely but proudly in Paris' Decorative Arts Museum like the historical artifact it should be.

The bag pattern was first patented in 1877 but it can still be seen, almost unchanged; on the Parisian boulevards more than 130 years later. This is thanks to house founder Louis Vuitton, and since 1997, creative director Marc Jacobs.

Both their stories are woven together in a colorful exhibit that spans over a century of fashion history.

The exhibit takes the visitor from the founder's humble beginnings as a case-packer to the fantastical runway shows that transformed the house into one of the world's biggest names, with a revenue last year of (euro) 2.5 billion. Though both men are from different centuries, the exhibition asks whether they have more in common than meets the eye.

There's a small clue in the first room: portraits of the two men hang side by side, both sporting mustaches in the style of their age.

``They're both visionaries, though they would be the last to admit it,'' said museum curator Pamela Golbin, ``and they both lived an exact same story at a decisive moment in fashion.''

Louis Vuitton faced industrialization of the 19th century and new train travel while Marc Jacobs was confronted with 1990s' changing demands for marketing ``making fashion truly globalized for the first time,'' Golbin said.

The story began for Louis Vuitton as a trunk-packer for rich Parisians, a job in which he was able to hone a mastery of every bolt, lock and corner of travel cases from across the French capital. He built on his knowledge, finally opening his own house in 1854.

The Orient Express was new and fashionable, and the meteoric rise of haute couture under Charles Frederic Worth meant better-dressed women went on trips with more and more clothes, that needed cases to fit them in.

Such was the demand that the norm in the late-19th century norm, as one display shows, was for a traveling lady to take a staggering 30 large cases on each trip.

From this a thousand trunks were born, all perfectly preserved with their original wax coatings and all viewable at the exhibit: hat trunks, toiletries trunks, trunks that pulled out as a chest of drawers, metal trunks for humid countries. For the trendy yet tired, there was a trunk that folded out into a bed.

As it still does under Jacobs, the house had a sense for the avant-garde as early as 1890: one gargantuan case boasts the title the ``Never Full Bag.''

Then there was the radical facelift of the 1990s. Glossy fashion magazines landed and globalized demands meant that labels had to up their game and expand, or sink. Creative talent was no longer the only criteria sought by the industry: instead ``marketing'' became the buzz word.

Enter Marc Jacobs, already a big name in the fashion industry, to design the Louis Vuitton house's first ready-to-wear collection, 143 bag-filled years later.

Using his corporate knowledge and irreverent humor he revamped the bags and shoes; the company's financial lifeline.

A vivid display of mannequins kneeling captures the transformation from past to present perfectly: each model has a classic Louis Vuitton bag placed on her back, covered in graffiti.

The exhibit shows other irreverent sources of musings for the designer, including a 2003 manga film by Japanese artist Takashi Murakami that is used to revamp the traditional LV monogram.

The continued growth of the house comes down to his versatility.

Marc Jacobs fall-winter runway show featured models in Edwardian hats exiting a reconstructed train that might have been the turn-of-the-century Orient Express. So there we have it, the full circle.

But, the designer mused backstage, ``What ever you try, clothes never really can live in the past. They are worn now so they are modern, with a modern take. I'm not nostalgic.''

The exhibit ``Louis Vuitton-Marc Jacobs'' runs March 9-Sept. 16.

source: mb.com.ph