Crocodile Bites Show Why Your Birkin Bag Is So Expensive

Hermes alligator Birkin | Source: PurseForum

PARIS, France — Crocodile-skin handbags can be to die for. Really. As demand from the world’s elite surges for the skins, luxury-goods companies from LVMH Louis Vuitton Moet Hennessy SA to Gucci-owner Kering SA are making acquisitions to secure supply of the beasts, whose habits can make simply collecting their eggs a matter of life and death. Raising the reptiles from hatchling to arm candy without scratches from other crocs is

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LVMH Quarterly Revenue Trails Estimates as Fashion Growth Slows

Louis Vuitton Autumn/Winter 2013 Campaign | Source: Louis Vuitton

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-products maker, reported third-quarter revenue that trailed analysts’ estimates amid slowing growth in fashion and leather-goods sales.

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Marc Jacobs’ Vuitton Exit Seen as Double Boost to LVMH

Marc Jacobs after presenting Louis Vuitton S/S 2014 | Source: NowFashion

PARIS, France — Marc Jacobs’s departure from Louis Vuitton to focus on an initial public offering of his own brand is set to provide a double boost for LVMH Moet Hennessy Louis Vuitton SA, the owner of both luxury fashion labels.

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Market Pulse | Buying Designers Like It’s 1999

Savigny Luxury Index September 2013 | Source: Savigny Partners

The Savigny Luxury Index has gained good ground in September and is up by 3.7 percent, outperforming the MSCI World Index by over one percentage point, as Asian tourist flows to Western fashion hubs remain strong and the world’s largest luxury conglomerates snap up young designers, reports Pierre Mallevays of Savigny Partners.

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Succession Planning at LVMH

Delphine and Antoine Arnault | Source: Dior.com

PARIS, France — Two years ago, Bernard Arnault asked his son Antoine to run shoemaker Berluti, then this month he installed his daughter, Delphine, as executive vice president of Louis Vuitton. While her brief is to revive the handbag maker and Antoine’s task is to transform Berluti into a menswear titan, Arnault is auditioning both for another job: his own.

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Sephora’s Late-Night Lipstick Runs Afoul of French Labour Laws

Sephora Flagship, Champs Elysées, Paris | Source: Courtesy

PARIS, France — At 11 p.m., long after most Paris shops have closed for the evening, Sephora on the Champs-Elysées is still bustling with customers browsing for cosmetics and perfume. That puts the shop in violation of France’s labor laws.

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LVMH Said in Advanced Talks to Acquire JW Anderson After Kirkwood

JW Anderson | Photo: Morgan O'Donovan for BoF

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods company, is in advanced talks to acquire a stake in fashion designer J.W. Anderson, according to two people familiar with the situation.

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LVMH Eyes J.W. Anderson After Kirkwood Deal, Says Source

JW Anderson | Photo: Morgan O'Donovan for BoF

PARIS, France — LVMH is in talks to buy a stake in British fashion brand J.W. Anderson, a source close to the matter said on Friday after the No.1 luxury goods group revealed it was investing in another budding UK label, shoe designer Nicholas Kirkwood.

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LVMH Acquires Majority Stake in Nicholas Kirkwood

Nicholas Kirkwood | Source: Courtesy photo

LONDON, United Kingdom — LVMH Moët Hennessy Louis Vuitton has taken a majority stake in London-based luxury footwear brand Nicholas Kirkwood. The exact size of the stake and financial terms were not disclosed, though LVMH characterised the deal as a “long-term partnership.”

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