Hermes Page 2
Clearly not everyone in America is still feeling the strain of the recession. Early this week someone very, very wealthy bought a handbag for over $200,000 at an auction in Dallas, breaking the world record for the highest amount of money ever bid on a purse.
Here’s a little high-low mix for you: the Hermès flagship in Paris got big time graffitied.
Back in January we reported on Hermès suing Thursday Friday over its Birkin-printed totes. (And then we promptly bought one in blue.) Now Thursday Friday is the one filing a counterfeit suit.
Look, it’s not like we’re against fancy, expensive things here at Styleite — we actually really like them a lot! But there are some things the fashion industry creates that cost so much money they’re just damn ridiculous. Case in point: Hermés makes a plain T-shirt that costs more than you spend on groceries every month.
In a surprisingly drama-free arrangement, LVMH has taken control of Bulgari and the Bulgari family has become a major stakeholder in LVMH. The whole thing sort of reminds us of an elementary school lunchtime transaction (I’ll trade you my chips for your Oreos!), and we mean that in a good way.
A few months ago we came across some super cute Thursday Friday totes that were printed with cheeky trompe l’oeil Birkins. We thought they were clever and winking and oh-so-affordable at $35 a pop. Hermès was none too pleased about the oft-backordered bags, and decided to sue Thursday Friday for copying their famed design.
If there’s one thing fashion loves to do, it’s push the envelope. And while some of the stories included on this list made the cut due to a deliberately controversial editorial vision (ahem, Terry Richardson), many more made the list by sheer (and often embarrassingly obtuse) accident. But one thing is for sure, these are the stories that kept tongues wagging, traffic spiking, and many publicists very, very busy.
We’d like to think that the things we’ve included in our gift guides are reasonable, and we realize that a few have been splurges. But hey, it’s the holidays, right? What better time than right now to let the purse strings loose a little? With that in mind, we went a little hog wild finding a few choice gifts that we’d love to give or receive — if we had the money.
While the legal details of Julian Assange’s sexual harassment charges have obfuscated left and right, the fact remains that the man is going to have to go to court. And any person with common sense will tell you that a having a court date (even if it is in Sweden) means hauling out a suit and trying to look good while all of your worst fears and darkest secrets are aired right in front of your face.
First the Hermès clan enlisted Salma Hayek, and now it’s formed a holding company to fight back against LVMH‘s takeover. To fill you in, the Dumas, Puech and Guerrand branches of the Hermès family consist of dozens of Thierry Hermès‘s heirs who reportedly own over 73% of the company’s capital collectively.
By now you probably know that LVMH is trying to take over Hermès. Despite stating that “LVMH has no intention of launching a tender offer, taking control of Hermès, nor seeking board representation,” Hermès thinks LVMH’s intentions are less than noble. Yeah, they’re pissed. So in a move that said “F off, Bernard!” Hermès invited Salma Hayek to a cocktail party celebrating the opening of its Left Bank megastore. Hayek is, of course, wife to PPR chief (and LVMH rival) François-Henri Pinault.
Just in case you’ve ever wondered how your wallet, phone, keys and other essentials feel like when they’re jumbled up inside your purse, Selfridges (London’s answer to Bergdorf Goodman) has created a gigantic model of the Hermes Kelly that’s big enough for you to walk into.
Skateboards and Hermès are two of our favorite things. Well, maybe not quite but we totally had a thing for boys who rode skateboards in high school and Hermès will always have a little piece of our hearts. The brand may be a victim of some big-time bullying, but the viral video they released for their fall/winter 2010 collection is majorly cool. And features a severed limb.
The Hermes family has decided that it wants the shares of its company purchased by LVMH chairman Bernard Arnault back. And thanks to the stealthy method Arnault used to acquire his stake in the luxury goods house, the family just might get their wish.
When it comes to fashion conglomerates, Louis Vuitton Moët Hennessy and Gucci Group are boss. LVMH lays claim to Fendi, Givenchy and Marc Jacobs (among others), while Gucci owns Yves Saint Laurent, Balenciaga, Alexander McQueen and more. And now LVMH has added another horse to their fashion stable: Hermès.
We tend to think the internet is pretty much the best. Because it is. But sometimes it’s a bit of an echo chamber, which is a problem because false information can spread in an instant.
The world’s biggest country is also the world’s largest growing market, and smart businesses in every sector of the economy are trying to take advantage of China’s rapid expansion. French luxury goods brand Hermes is no exception.