China Growth Cools for Gucci parent company PPR

  PARIS-In China, it seems that more luxury wallets snapped shut.

PPR SA, PP.FR 0.54% of the parent company of Gucci, is the latest luxury goods conglomerate, to report the most dramatic slowdown in market growth in the industry. China increased sales of Gucci "high single digits" in the first quarter, PPR Chief Financial Officer Jean-Marc Duplaix, said Thursday during a conference call.

In China, where sales of high-end products for years scorching - While in some countries this kind of growth would gain acclaim it a bit disappointing ..

The gloomy picture across the entire portfolio of designer PPR, which also stretched to brands such as Yves Saint Laurent, Bottega Veneta and Brioni. The news comes on the heels of a plate-China growth for LVMH Moet Hennessy Louis Vuitton SA, MC.FR +1.29% for the industry leader. In addition, Hermes International, RMS.FR +1.21% of the manufacturer of some of the most expensive handbags in the industry, said earlier this week that the growth cooled in Asia last year.

"In China, there is less enthusiasm for buying luxury goods, perhaps because of concern about the economic and political environment," said Mr. Duplaix. "We are still waiting for a recovery in consumption in China. Perhaps it will be in the second half."

Last week LVMH attributed the stagnation in the Chinese luxury slower economic growth. With the arrival of the new Chinese government, there was a crackdown on gifts, a practice that had increased sales of watches and other expensive items.

It is a serious slowdown in the go-go days when the sales growth in China was easily in the double digits, 20%, 30% or even 40% for some luxury goods companies every quarter. The first signs of weakness appeared last year, while sales in the U.S. grew faster than China for companies such as LVMH.

PPR, which is to rename itself Kering in June, the total revenue in the first quarter by 1% to € 2.36 billion ($ 3.07 billion), stripping spun off a number of companies that sold or. PPR also has more public and Puma, whose sales decreased consumer brands in the first quarter.

At the same time, weighed the difficult financial and economic climate in Europe to local buyers. Mr. Duplaix says Gucci by a slowdown in the local consumers and tourists house were affected. He added that he was "cautious" about the ability of the company to be supplied with strong growth in North America for another year, after the booming business in the past year.

Industry players hope that the Chinese slowdown will be short-lived, and 0.45% BRBY.LN Burberry PLC could be their beacon. Asia was the strongest performing region trench coat manufacturer in the six months to end-March, up 15% on the back of robust sales in China - just six months after the slowdown in sales in China have led to the enterprise to issue a profit warning.

faith. Costs. Fly. Parade of Faith Fellowship Church advantages Downtown Rescue Mission

  Huntsville, Alabama - When Christians to show their style, it should not be plain and boring, the Rev. Troy Garner, says the pastor of Faith Fellowship Baptist Church, 3703 N. Memorial Parkway in Huntsville.

"We are the children of the king," Garner said Wednesday at a meeting with some of the men and women modeling clothes fashion show Saturday evening benefit Downtown Rescue Mission in Huntsville will be. "So if we are children of the King, we want to look good."

Looks good, whether in everyday clothes, outfits from thrift stores in the area, local urban designers, or rather Sunday, the focus be Saturday, 27 is April 2013, at 07.00 clock, with "Faith.Fresh.Fly." of the Church.

Suggested donation for admission to the show is $ 15 at the door, with the preferred option of $ 20 seats, if still available.

In the run suggested minimum donation is $ 10 general admission and $ 15 preferred seating.

Tickets are available in advance at the bar-style 2601 Leeman Ferry Road Suite C Huntsville, a business owned by Natasha Langford is ready for some outfits for the models in the series, the church itself at 3703 N. Memorial Parkway in Huntsville and the FaithFreshFly EventBrite.com place for the event.

The proceeds from the show will go to the Rescue Mission downtown.

With Prime Dexter Faith Fellowship was voluntarily in the rescue mission.

"You need more money and personnel," Strong said. "And we are looking for ways to galvanize young adults and provide opportunities to give back, can look to their community."

And given the "avant-garde" as Strong puts, types of youth exchanges and local resources to become a fashion to produce professional level, by one evening to celebrate the good taste, fine clothing is a popular idea among the management team.

Students involved in the modeling Troop Ward, is an organization on the campus of Alabama A & M University, among the 31 people modeling clothes.

 Music on the Rocks is live music between transitions, and passed between the two, Stark said, people are invited to consider how they looked dressed in little more than the clothes - dress just offered Christians.

"This is to help the community on evangelism," Stark said. "We are always looking for ways to reach people."

I don `t follow fashion: Sienna Miller

  Los Angeles: Actress Sienna Miller insists she is too busy caring for their daughter Marlowe, and she hardly noticed fashion trends.

Marlowe is a nine-month-old daughter of the actress with her fiancé Tom Sturridg.

"I don` t even know what the current trends really not to follow! With my daughter Marlowe, I `m able to fashion. To be honest, I` ve never paid much attention, "contactmusic.com quoted Miller said.

"I was just in the right place at the right time. I love fashion, but I` m not obsessed with it. I love working on my style, but I don `t think that even if others might think.

"I don` t wake up in the morning and think, 'Hmm, I `m as a symbol` My life is very different: "I have a baby who can barely get me two hours of sleep every night" did, she added.

CLOCK: We are not sure that we Louis Vuitton New Video 'GET'

  If you thought the really big money on the Boardwalk and Park Place was as demanding as games could get, think again. Louis Vuitton is a tribute to the low-tech hobby billiards, chess, cards, dominoes and more in their latest animated film. Why, you ask? Well, that's exactly what we ask.

According to their official website, the little son of Mr. Gaston-Louis Vuitton passionate about games, making and collecting their own games and even hiring jugglers window was yo-yo-armed when he took over the company in 1930. To welcome this piece of history Vuitton commissioned the trippy animated short film that you see below, created by graphic Honet.

Our main take away is, however, that this will make for an impressive success story of Mario Kart. How's that for an idea of ​​the collaboration?
Watch the short below and for more films of the brand, have their controversial prostitute of inspiration and pictures of the campaign behind the scenes video of Angelina Jolie:

Why Luxury shoppers in China are pushing for Louis Vuitton Burberry

  One day after Louis Vuitton has fears that China rich shook the purse lifted Burberry achieved better than just because of the greater demand for luxury in China and Hong Kong expected quarterly revenue.

The different fates of these two heavyweights of luxury in the country not only to the continued health of luxury consumption in China, which we reported. It also highlights some of the ways that the market is now more important increasingly complex world of Chinese luxury.

The parent company, LVMH Louis Vuitton reported 15 A lower than April due to weak sales in China in the first three months of expected profit. Analysts cited as empty commercial factors Luxury China, an austerity campaign of the government of the elites, who beat the booze and luxury Swiss watches, and slowing the growth of the luxury market. But in the same environment, sales of Burberry in Asia increased 16%, supported by a double-digit growth in China over the same period, the company said in an earnings call today.

The difference is the new, and the fact that the Chinese big spenders more unique brands and do not want exclusive. Burberry for the first time in China only in 2010, LV has sold in the country for over 20 years. Burberry is now not as overexposed as LV, Avery Booker, vice president of marketing at Bomoda.com, a bulletin of the Chinese fashion. Get LVMH executives. In January, the company said it would not open stores in the second and third tier cities, "to prevent too common." It has also increased the price (paywall).

But this strategy can also be a segment may be important to Chinese luxury buyers. Unlike LV Burberry plans to 100 stores in the country to open over the next four years in an attempt to reach more potential buyers. The buyers are there easy money Creek € 15,000 ($ 19.500 or 120,800 RMB) to € € 75,000 per year, most of the future growth of the Chinese luxury market, Exane BNP Paribas estimates should lead.

Connecting with Chinese customers something different that's Slowly LV Burberry on. Since many Chinese consumers research online before buying luxury and follow the recommendations of people they follow on Chinese social media such as Sina Weibo and WeChat, online coverage is essential. Burberry is on four Chinese social media sites with over 400,000 fans on Weibo. In this year's ranking of the luxury brands in China according to their digital IQ Burberry beat the LV relies more on exhibitions in China, for the first place. "Burberry has always been a much better job than LV connect with Chinese consumers online," Booker said.