LVMH's leather goods division, home to Vuitton and Dior, grew revenues by 21%, also just above the expected 20% increase. The 17% increase at constant exchange rates was a touch better than analyst expectations for 16% growth. The French company, whose 75 brands include fashion labels Louis Vuitton and Dior as well as Hennessy cognac and US jeweller Tiffany, said on Tuesday it made 21.2 billion euros ($23.4 billion) of sales in the three months to the end of June. LVMH shares were down 3.7% in early session trading, also dragging down the shares of its rival Kering. "While this is a solid growth rate in absolute terms.whether we are now at the end of the positive earnings revision cycle for luxury and on the drivers of sector growth going forward" wrote analysts at JP Morgan. Shares in LVMH fell sharply on Wednesday as analysts said that an in-line increase in sales at the world's top luxury indicated the overall sector was moving towards a less impressive path of growth. Red was a dominant color for the Italian - even for the wedding dress at the end. Money is not everything," he said.Īlso showing on Tuesday was French designer Alexis Mabille, who created a female take on the tuxedo.Īnd there was another luxurious display from Giorgio Armani, all sumptuous ballgowns adorned with many variations on poppies and roses. I find that from time to time it lacks a bit of refinement. The director's request to film during the show was "like a gift from heaven," Rolland told AFP, adding that it was vital to merge fashion and other art forms. Rolland is known for bright colors, such as the bright-yellow dress in which he put singer Pretty Yende for the coronation of King Charles III recently.īut he said "in the heart of the Palais Garnier, I didn't want to disturb the scenery with pinks, yellows and greens" and stuck mostly to black, white and a few flashes of deep red.Īctors mingled with the guests for the upcoming movie from Lelouch, best-known for his Oscar-winning 1966 film "A Man and a Woman". The show was an homage to Greek singer Maria Callas, whose voice was heard through the show, aimed at reliving one of her most legendary performances at the Opera Garnier in December 1958. There was a strapless velvet dress with a glittering diamond hood, an elaborate headpiece that looked like a mass of gold flames, and a long red satin dress with a bejewelled collar. Over at the Opera Garnier, the 19th-century monument to late-imperial excess, couturier Stephane Rolland put on a fabulously opulent show that was also being filmed by veteran filmmaker Claude Lelouch for his next movie, "Finalement". A few bright colors, including Barbie pink, stood out against a largely grey palette. She mixed tweeds, silk muslins, organzas and encrusted lace with floral and graphic motifs. The riots have died down since the weekend, and it was the other France - of unbridled luxury, craftsmanship and conspicuous excess - that took center-stage on the second day of haute couture week.Ĭhanel's models paraded alongside the River Seine with the Eiffel Tower in the background, some with little dogs or baskets of flowers, in a show of "sophistication and simplicity," said designer Virginie Viard. The country is still licking its wounds and facing up to the deep societal divisions exposed by days of violence sparked a week ago by the police killing of a teenager, said AFP. From an absurdly opulent film shoot at the Opera Garnier to a Chanel catwalk along the Seine, fashion week offered a very different view of Paris on Tuesday from the riots of recent days.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |