Hermes Page 1
They need to open entire new factories because it takes each artisan 48 hours to create a single Birkin bag. Which… almost explains the four-digit price tag.
AMF, France’s stock market regulator, is charging LVMH the largest fine it has ever imposed at a whopping €8 million ($10 million). The reason? The giant’s controversial purchase of a stake in Hermès, of course.
There are some fathers out there who have everything. And that’s a tough problem to have come Father’s Day, but fear not offspring of Old Sports everywhere. We’ve done some digging for dads and with the shopping list below, you can skip the Sports Authority and secure gifts to the tune of Chanel, Louis Vuitton, and Gucci. If these luxurious sporting goods aren’t to his liking, feel free to send them our way.
Slander, blackmail, insider trading — the accusations lobbied in the war between LVMH and Hermès read like plot points in a particularly juicy Wall Street TV drama. Now there’s one more cliffhanger being thrown into the mix: LVMH may have to fork over 10 million euros for failing to disclose their intent to amass what was, as of December 31, a 22.6 percent stake in their rival company. Gulp.
If you have an extra $91,500 lying around and realllly love t-shirts, well, this is perfect for you!
While there’s a lot to be said for living without regrets, there are some things a girl just can’t get over. Like, for instance, turning down the opportunity to have Hemès name a handbag after you. Just ask Claudia Schiffer.
When the scraps of leather that litter your workshops are the leftovers from creating $10,000 handbags, you don’t want to just toss them in the trash. Nope, you want to take the opportunity to practice some very haute recycling. Hermès has found no shortage of ways to put their extra materials to work, first with the petit H. laboratory, which is behind such creations as croc coffee cup holders and the Kelly bag clock, and now with an entire menagerie of colorful animals festooning the window of their Hong Kong International Airport store.
In the vein of The Row’s pill-covered $55,000 leather backpack collaboration with Damien Hirst, Los Angeles artist Desire Obtain Cherish series of luxury branded pills packs takes our addiction to fashion to a whole new level.
We’ve always dreamed of owning a classic Carré scarf from Hermès, and news that the brand is collaborating with Comme des Garçons designer Rei Kawakubo only makes us more determined.
For its winter 2012 collection of neckties, legendary French house Hermès drew inspiration from none other than technology — computers, to be exact. How very 2012.
And who it is will definitely surprise you.
Hermès International filed a complaint against LVMH Moët Hennessy Louis Vuitton almost two months ago, reportedly accusing the conglomerate of insider trading and stock price manipulation. Not one to back down from a legal battle, LMVH is now filing a retaliatory complaint.
Nina Garcia holds a fashion director gig at Marie Claire, a longtime spot on Project Runway‘s judging panel, owns a number of vintage Salvatore Ferragamo bags, and is a J.C. Penney stock price booster. As such, she’s probably swimming in money and buying things we can only dream about. She’s also quite far removed from the average American woman, as evidenced by a recent tweet.
In case you had any lingering doubts that France and Italy are the chicest countries of them all, let us take this opportunity to put them to rest.
The only thing worse than someone counterfeiting Hermès bags is someone counterfeiting Hermès bags with the help of Hermès’s own employees.
Hermès‘s Petit H Creative Lab is tasked with finding “new and creative uses for leftover scraps of leather and silk or defective china and crystal” and their newest project has them transforming a Kelly bag into a wall clock, folded leather pieces into an origami bear, and the house’s iconic silk scarves into a lamp shade. So. Cool.
We don’t think the people at Hermes got the memo about the worldwide economic decline, because its designers have just created the world’s most expensive handbags out of solid gold and thousands of tiny diamonds. And you can’t even fit your sunglasses in it.
Jane Birkin is the namesake of one of the world’s most coveted bags — or as she calls it, the “bloody Birkin bag”.
This week the Obamas wore awesome things, Elizabeth Taylor‘s jewelry sold for a whole lot of money, and Courtney Love got evicted. We also learned that Meryl Streep is a total kickass feminist, and that Fashion’s Night Out is unfortunately here to stay.
Not down with the $165 Jimmy Choo faux croc coffee cup holders? How about $250 Hermès real croc ones?