LVMH defend the state against Hermes alleged involvement of AMF

  LVMH Moet Hennessy Louis Vuitton SA (MC), the allegations of the regulatory authorities in the French market is now it violated disclosure requirements in building a stake in Hermes International SCA rivals react. (RMS)

LVMH will tell you, an audience in Paris Sanctions Committee of the Financial Markets Authority that he has done nothing wrong after the purchase of equity derivatives of Hermes shares in 2008, according to a representative of the company, who asked not to be named.

The AMF investigation for more than two years as LVMH acquired a stake in Hermes cash-settled equity swaps. The market authority informed LVMH in October that its Board that a fine company recommends on this topic. LVMH will not be forced to renounce his participation.

Announced the largest manufacturer of luxury goods in the world in October 2010 that it held 17.1 percent of Hermes, after the conversion of derivatives have three banks in 2008 in shares. LVMH, which does not try to control Hermes says, since his participation was added and now owns 22.6 percent.

CEO Bernard Arnault said last month that the company made no intention of a shareholder Hermes, after the purchase of the products, originally as an investment. LVMH planned all along to build a stake in Hermes with swaps, Le Monde reported last week, citing an AMF document.

LVMH has decided to swap shares convert Hermes, because he feared that the cash compensation would mean millions of Hermes shares would be placed on the market, lowering the price of shares in the Kelly bag manufacturers and provides another way competitors in the capital , LVMH said.

Holding company

Founded the owner of the Hermes family holding company in 2011, to protect themselves against a takeover by LVMH. H51 covers 50.2 percent of Hermes shares held by family members and a right of first refusal on an additional 12.3 percent. A total of 52 members of the family over three quarters of Hermes directly.

Investors should usually open to investments whenever they. Above the threshold of 5 percent increments While equity swaps were exempted from these rules, that does not mean investors can not ignore the general principles of transparency and integrity in its financial communication, then-President Jean-Pierre Jouyet said the AMF, the Journal du Dimanche in November 2010.

The Disciplinary Committee, while part of the AMF, is independent of the decision, whether the matter further pursue.

luxury spending leads Michael Kors profit

  The company created and owned by fashion designer Michael Kors, has grown at a rapid pace since its IPO in 2011, underlines the appetite for buyers of luxury goods, even in a difficult economic environment.

The Michael Kors brand, which was launched as a house of luxury sportswear 30 years ago, is known for its pyramid occupied Saffiano leather handbags, watches and clothes that have worn by Michelle Obama and famous celebrities such as Jennifer Lopez.

"Considering how strong our brand reach in the market as it resonates with European consumers ... we conclude that the growth potential of retail store more than a hundred places that we must first be established (in Europe)" , said CEO John Idol said during a conference call.

Sales in Europe, where it plans to increase its number of stores 40-84 years, increased by about 97 percent to $ 73.1 million in the fourth quarter.

Sales in North America, the United States and Canada, which are more than three quarters of total sales by 52 percent to $ 516.9 million. Kors is planning to open 50 stores in the region.

"Opportunities for geographic and product-related enhancements are, in our opinion. We are believers that Michael Kors will be an important pan-European brand," Citibank analyst Oliver Chen wrote in a note.

Kors joins other luxury and upscale retailers such as Tiffany & Co (TIF.N), Saks Inc. (SKS.N) and Coach Inc. (COH.N) Burberry Group Plc (BRBY.L) and Italian fashion Giorgio home Armani reports strong sales of luxury goods.

The luxury market in the U.S. has improved, thanks to an increase in trust between rich and spend recovered asset prices, since its collapse after the financial crisis of 2008.

Men also spend more money on luxury goods, the promotion of luxury brands to increase investment.

Kors, who won an increase in visitor numbers as he continues his premises existing large stores "shop-in-shops," stated its intention to extend such concessions in the men's sports and leather companies.

The company, which has market share from larger rival coach, reported a 57 percent jump in sales in the fourth quarter.

The coach himself at the beginning of this year, the extension in the apparel and footwear industry after demand for its upscale handbags was a "lifestyle brand" again.

Kors said that net profit more than doubled in the fourth quarter to $ 101.1 million, or 50 cents per share, compared to $ 43.6 million, or 22 cents per share last year. Revenue rose to $ 597.2 million.

Net sales rose 59 percent to $ 577.4 million compared to $ 548.2 million average analyst estimate expectation, according to Thomson Reuters I / B / E / S

Analysts had expected the company to earn 39 cents per share.

The company reduced and less-selling products at higher margins in the third quarter, increased margins. The gross margin increased to 59.7 percent from 57.7 percent a year earlier.

Kors shares rose as much as 4 percent to $ 64.29, before he again easily traded in $ 62.85 in late morning on the New York Stock Exchange.

LVMH Moet Hennessy Louis Vuitton SA receives note Nomura (TM)

   Nomura reissued its buy recommendation on the shares of LVMH Moet Hennessy Louis Vuitton SA (EPA: MC) published in a research report Friday morning AnalystRatings.Net reports. Nomura currently has a goal € 155.00 ($ 201.30) price for the stock.

The shares of LVMH Moet Hennessy Louis Vuitton SA (EPA: MC) stock exchanges to 1.56% during mid-day meeting on Friday, reached € 140.35. LVMH Moet Hennessy Louis Vuitton SA, with a 52 week low of € 111.00 and a 52 week high of € 143.40. 50-day average share price is currently € 125.6. The company has a market capitalization of € 70174000000 and a P / E ratio of 20.26.

MC has a number of other recent research reports. Alpha Value analysts again recommended buying shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Thursday, 23 May You now have a target € 186.00 ($ 241.56) price for the stock. In addition, the analysts at BNP Paribas reiterated a neutral rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors Wednesday 22 May, you now have a goal of € 145.00 ($ 188.31) price for the stock. Finally, the analysts reiterated a note from Societe Generale for the shares of LVMH Moet Hennessy Louis Vuitton SA made in a research note to investors Monday, 20 May, you now have a goal of € 140.00 ($ 181.82) price for the stock.

Six analysts rated the stock with a rating of ten maintaining a note purchase and both have assigned a strong valuation of the share buy-back. LVMH Moet Hennessy Louis Vuitton SA currently has a rating of purchase contract and an average target price of € 152.76 ($ 198.39).

LVMH Moet Hennessy Louis Vuitton SA (EPA: MC) is a company of luxury goods in France.

Rare Hermès Birkin bag sells for $ 85k at auction in Paris

  A handbag Birkin crocodile leather of the luxury goods company Hermes has sold for a record € 63 € 800 (85 416) in an auction in Paris, Artcurial auction house said on Monday.

The case, in 2006, marked by its unusual combination of orange, red and pink colors on its estimate of 40,000-50,000 euros at auction was 21 Sold May Artcurial said.

He did not reveal details of the buyer.

The previous record sale price for a Birkin bag was € 61,000 at an auction in Paris in 2011.

Named after the French actress and singer Jane Birkin, the. Birkin handbags is one of the signature designs of Hermes have in the world of fashion iconic and featured in an episode of Sex and the City

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criminals luxury brands hurt Paris tourism

  The streets of Paris are always the reputation dangerous for tourists and threatening major brands of French fashion.

A leading association has Chanel and Dior as members urged the authorities to act on the climate of uncertainty that they keep the cash tourists could evacuate.

The most visited city in the world - including robberies and thefts targeting tourists and street violence several recent incidents have tarnished the image of Paris.

"Paris is always a blessing to our city a reputation throughout the uncertainty ... Foreign tourism and this uncertainty is a direct attack on the job," said Elisabeth Ponsolle goals called Comité Colbert.

The committee, which promotes French luxury industry at home and abroad, which has 75 luxury brands in the country as members.

"We have reviews of all networks and customers of luxury brands (the Committee) on the fact that they see Paris as a city that is not safe at all," she told reporters, adding that the situation was "very serious."

The French government is obliged to ensure the safety of foreign tourists, but Ponsolle Gates said "appropriate policy" had to be put in place.

"Since the Asian tourism is growing in particular, we do not want to distract from Milan or London, because it is too risky to Paris," she said.

The luxury industry in France is a big part of their income from tourism, especially new rich emerging economies such as China, where an emerging middle class as splash when traveling abroad.

The Chinese embassy in an increase in the number of complaints of assault and other theft of their nationals, are known to carry large sums of money reported recently, so that they. Prime targets for criminals

The image of Paris was a further blow last week of violence during a trophy parade to mark the first win the French league football club Paris Saint-Germain in 19 years.

During the violence, rioting fans PSG ran near the Eiffel Tower, throw smoke bombs, bars and restaurants and damaging attack several tourists.

Workers from the Louvre Museum, now on strike last month to protest against aggressive pickpockets, forcing the closure of the famous tourist attraction in the capital for a day.

luxury consumers quality products, do not buy experience

  It serves to disguise meant a luxury shopping experience and go on to a high-end boutique, a seller, what to buy and enjoy a glass of champagne while she was carefully packed his check. They feel proud to spend the business with your brand bags and a little too much money for yourself or a loved one was good for me to have - as if the treatment was well deserved.

Finally, luxury brands have tried to replicate this process with inferior products in stores "output" and later the Internet has to make shopping easy at home. No dressing up necessary. Luxury boutiques above were once the site of luxury. The upscale experience enabled products price in the store. Brands conscious consumers in these retail establishments were willing to open their wallets. The buying experience is often more important than the product itself or the brand. For most of this has changed, as consumers fall in love with products and happy to give up the historical experience of luxury shopping.

The development of luxury shopping experience

In the world of luxury goods experience and perception are more important than good. The old rules dictate buy luxury that the act of purchasing a luxury product determines how much consumers are willing to spend, and take a consumer perception of a brand and its products. It's that old rules, and they are changing fast to the point where the luxury shopping experience is much less important than the product itself. Luxury consumers simply enjoy shopping and product experience that feels truly luxurious. Competing in the space of luxury brands must also adapt to the buying habits of consumers suffer further decline in sales and relevance.

A look at the luxury watch industry shows a persistent understanding of the past. While competitors Fashion living space and learned very quickly to take advantage of flash sales sites and e-commerce, the watchmaking company largely self "wholesale" keeps. A wholesale company manufactures products that are sold in bulk to distributors and retailers, who are then responsible for the sale of such products. It is only recently Luxury watch brands have also learned that they need to increase the awareness and the desire for their products through marketing campaigns and advertising. They have not understood that the new rules of retail dictate that they are increasingly responsible for the sale of their products to consumers.

In recent years, I had the opportunity to participate in the conversation with the leaders of the watch industry. The sale is subject to a model in which retail brands directly to the consumer (often with e-commerce) or move to a third party retailers to sell their goods. Many are afraid of what it means to individual consumers watches sell for large orders to retailers. The former model is much safer. A large order of tens or thousands of watches was money to produce products with a reduced risk of production losses. Watches are expensive to produce and it is safer to use the money in advance before production of watches that the company knows are sold.

Make a new relationship with consumers

The alternative is to cut out the middle man and sell directly to consumers through branded stores (stores owned by the company) or an online store. The increase in direct sales, that brand can maintain a "full margin." That is, they get the full value of their products in relation to the wholesale prices (which are often doubled before a consumer purchases to ensure that retailers make sales). The downside is the risk and the new responsibility to convince the consumer from buying their products. This is much harder than it seems.

Today, the luxury brands that have the responsibility for the successful production, creating retail demand, and finally fill the demand by selling directly to consumers. The value of the middle-man retailer Third quickly evaporates. Luxury brands have to compete with the desire on the market today a close relationship with the consumers who impress on the people the value of their brand, which includes new products, and give them the opportunity to buy with ease.

Luxury is the control over purchases

It was once the most retail sellers were good. You want to go to their store and trust in their expertise and advice to make informed decisions. They were demanding and the shopping experience of them was a big part of the purchase price. Significantly reduce the quality of today's retailers, especially as the traditional brick and mortar clear that the best advice available online through impartial experts - consumers have more confidence. More consumers prefer online shopping experience. Why? It was once widely believed that online shopping was preferred only because of the lower prices. While low prices are certainly a big part of the appeal, is a major part of the equation comfort - especially for the luxury consumer.

People with large amounts of disposable income often have small amounts of available time. The possibility of purchases to make on their schedule and their conditions (possibly underwear) proved to be much more appealing than having to leave the house or office to buy something as. If this course is based on the fact that people buy online, what they want. This is why a large part of the responsibility for a luxury brand for consumers of luxury through marketing and advertising their products to inform.

Nevertheless, luxury consumers often rely heavily on media buying decisions publications and research products they are interested in. make as consumers (both luxury and mainstream) do their own research and decision-making is that traditional retailers at risk because they do not serve longer a necessary goal, except for purchases with a bag and a box. That said, I'm a chicken to some of the finest watches and jewelery retailers throw traditional mom & pop that exist around the world. Often, trained staff and a pleasant shopping experience at the supermarket "cold", these institutions play an important role in the care traditionalists less interested in comparing their own purchasing decisions. Now, more and more in the future, these shutters have simply fill out a retail model more direct-to-consumer of luxury brands used.

New York Fashion Week may be expelled from the Lincoln Center?

  It seems that we were not the only ones frustrated a little bit of the circus Fashion Week at Lincoln

Center.

Local residents and environmental groups filed a lawsuit against New York's Lincoln Center, they demand to

give fashion week and other commercial events, the beginning, the New York Times reports.

The lawsuit alleges that public access to Damrosch Park, Lincoln Center parking limited to a maximum of 10

months each year due to market events, starting with the fashion week in mid-August, when the Big Apple

Circus, the on-site place in mid-October and remained until January, and other fashion week in February. The

park is also rented out for private events and fundraisers. Residents were actually for every action they

take over and now they excited.

The prosecution alleged that $ 32 million from July 2010 license agreement the city of Lincoln Center is not

where it should be back in town, but Lincoln Center diverted.

"These actions are illegal alienation Damrosch Park, in violation of New York State Doctrine New Public

approval and other laws," said NYC Park Advocates, a watchdog group, non-profit, in a statement.

It will be the Fashion Week, which rose from Bryant Park to Lincoln Center in 2010, has to move again? Do

not be so sure.

"The city is waiting for the official notification of the action and look closely," said Kate O'Brien

Ahlers, a spokeswoman York Law Department. "The Fashion Week is an important part of cultural and economic

structure of the city, generating $ 865 million annually, while creating jobs related to fashion."

Gucci has a style as she takes Devon County crown

  Limousin cow PATRICK greed, Killerton Gucci took the beef inter-breed title in style in Devon County.

Home Races and led by male champion Limousin Mr. Greed Kaprico Donato two years now to Cornwall and the

Royal Welsh shows go.

It was the first season of the show for Gucci, which is part of a 130-cow herd of pedigree Limousin based

Rewe, Exeter.

Standing reserve overall was male champion Hereford Mara Freeman The Orme School. A son diamond FH is now

Staffordshire, go three counties, shows Royal Welsh Show and the National Hereford tenbury.

The Elms School, Malvern, Worcestershire, claimed to be the oldest agricultural school in the country and

celebrates its 400th anniversary next year. Part of a herd of 18 head was raised by Freeman Borwicks,

Northamptonshire.

Dairy inter-breed honors went to Brian Miller, Bridgwater, with Lennon Hard Pink Moor, a protection of the

pine Lennon The second Calver giving 45 liters per day and a part of a herd of 200 cows. She gave 9,200

liters first Calver and is expected up to 12,000 liters this time to 4.6 percent fat and 3.7 percent

protein.

Only third family in Devon, it was her second international title race. Judge Jeff Daw, Wiltshire, Pink

describes as "full of milk" with good legs and feet.

Jersey heifer was reserve champion Trough Brook legal princess herd Rivermead Mark Davies. It was the first

time the princess after she calved in February. It will now go to local shows and the South West Dairy Show.

In lines of sheep inter-breed judge Percy Tait action to end as the rain began to fall.

Among the highest award was Robert Hopper, Tiverton, Devon, who won with his Charollais sheep ram. Home

Races and a tup home race, he can go ahead, I hope to be sold at the Worcester Premier sale in July to

Cornwall and Bath and West.

A portion of the herd Gogwell, hoppers run 150 purebred Charolais, 40 Suffolk genealogical and 650

commercial ewes.
Reservation

Reserve inter-breed Mr. Tait was another shearling ram, the mare storm Texel, founded a department of the

Irish blood Lanark family Chave Somerset. His first time, he will go elsewhere this year.

Owner Dave and Kath Chave, it was shown by his nephew Henry Summerhayes Mr. Chave. Based in Wellington, he

was part of a 130-run Texel sheep next to a Holstein herd.

Born in pigs, August 2009 Alice Newth Landrace Prestcombe Vega 8, said honoring international races. Part of

a herd of 20 sows, they will go to many shows this summer, after the successful inter-breed in Cornwall and

Bath and West last year.

Almost naked stars turn out in 2013 Billboard Awards

  Although wearing denim Chris Brown and Ed Sheeran have decided, in jeans for the awards ceremony, which

took dress were in Las Vegas, chiffon, lace panels and meat, the mandate of style for most singers and

starlets who also walk the blue carpet.

Prices are based on the charts, sales of digital singles and radio airplay in the United States, was host to

a great line-up of stars like Madonna, contributes to collect fishing nets and straps Top Touring Artist,

dancer and dance awards the album MDNA, and not-so-big stars like Chad Kroeger of Nickelback and Avril

Lavigne bride wore matching leather.

House and Once Upon A Time star Jennifer Morrison and actress Alyssa Milano was both chiffon, wide-legged

jumpsuits are black and white. While Miley Cyrus monochrome color palette combined with Balmain assembly

"onesie", the side panels hook boasted.
Display

Singer-songwriter Nayer also wore a monochrome combination, but with a hood, and was accompanied by his dog

rewards.

Carly Rae Jepsen Singers and Selena Gomez in white neon trimmed Atelier Versace, made bold decisions with

dresses that large areas of skin exposed.

A fresh complexion, Ke $ ha embraced minimalist look with a mini shift dress by Givenchy with a high split

size required, the minimum underwear.

Jennifer Lopez has stuck highlighting her cleavage and toned legs in a floor-length gown by Zuhair Murad

gold and naked with a simple, sparkly skirt to his usual ceremony.

The Lebanese designer and actress Emmy Rossum, dressed in a black dress with transparent panels peek-a-boo,

and the big winner of the night Taylor Swift, who wore a cobalt blue mini dress with a plain back.

Swift took home eight awards, against her ex-boyfriend Harry Styles and his band One Direction in a number

of categories.

"Thanks to my music the soundtrack of your crazy emotions. You're the longest relationship and the best

thing I did," she said in her acceptance speech for the fans after being named Top Artist.

Other winners on the night included Prince of the Icon Award, Gotye, Rihanna, Nicki Minaj and Justin Bieber,

who won several awards all.

Gucci Mane pleads not guilty of assault soldier

  Wednesday Gucci Mane pleads not guilty to assault the soldier was a first floor. Here is the recap: (Radio.com) Gucci Mane was in court this week denied allegations that he met a soldier in the head with a bottle of champagne in a nightclub this year.

The rapper, whose real name is Radric Davis, pleaded not guilty to serious injury in Wednesday (May 13) date for a hearing in Atlanta, Fulton County Court House, according to local newspaper The Atlanta Journal-Constitution.

According to Billboard, an arrest warrant was issued after Gucci Texas soldier James Lettley authorities said that the rapper in the VIP section of Harlem Nights Club in Atlanta on 16 March was hit as he approached middle Gucci for a photo.

The rapper attorney Drew Findling, support after the hearing on Monday that there was no evidence against Gucci apart from the report of the alleged victim.

Bling Ring Cast brings Chanel and color matching for Cannes

  The Cannes Film Festival presents films that we can not stop talking, and famous stars who. Dwarf even from year to year (see Nicole Kidman and Paz Vega, for starters) Today, it is refreshing to see a group of girls in their lives resulting Hollywood, take a red carpet like seasoned professionals.

During the first day Bling Ring, Emma Watson and his friends were also synchronized clocks and smiling as they only came in a dream (they have pretty much done). 23-year-old Watson seriously upped the ante in his business a little blah photocall in a black and white (and perhaps sequinned) Chanel Spring 2013 Couture strapless at the top. The triad of diamond ear on the hem of the dress trumpet loops handcuffs, his eyes were also aware that the first critics say that his performance stands out in the film.

Tessa Fariga wore a white dress with mesh sides to expose what looks like a leather headband, joining an elite group of stars that came in the fall 2013 collection by Valentino himself. But if we choose a Cinderella - the happiest girl to prom - we would go to Claire Julien, relatively unknown on the scene in blush custom Emilio Pucci with a fishtail hem that will not leave (burst married INSPO, anyone?).

Certainly there were some pioneering stylists at work here, but the color coordination between cast makes is so deftly handled, we do not doubt their ability to embark on a house or two under a blanket. We hope that the Hotel du Cap-Eden-Roc strong locks.

See girls 2013 stolen the red carpet in the gallery below and our entire Cannes coverage here.

Asia attack mode xCollette Dinnigan

  The name of the most famous fashion AUSTRALIA, Collette Dinnigan, do not hope its luxury brand lost in translation.

For the first time, the designers appear, based in Sydney and Singapore to famous fashion fiesta.

His taste for exquisite lace, sew dresses, red carpet dresses and their more affordable "diffusion" will no doubt please a demanding clientele.

More than 1,000 confirmed guests include international media, Media Singapore, the main buyers, VIP customers, A-list celebrities and top 100 private wealth clients Westpac Singapore.

Collette was invited to show at the Audi Fashion Festival with a stand-alone, as it was recognized as an international designer with a very large fan base and interest in Asia and Singapore show.

Other international artists present their works include renowned American label Carolina Herrera, Peter Pilotto, the United Kingdom and the British label Hussein Chalayan.

Collette is the first and only Australian designer invited to show.

This performance comes at a time even if the Collette Dinnigan expanded label in Asia

Hukkster to $ 2,000,000 add taste-makers and fashion

  Deal Spotting Hukkster the site, co-founded by Erica Bell and Katie Finnegan led announced a seed round of $ 2 million on Tuesday with the participation of existing investors Winklevoss capital and new strategic investors, including Lisa Blue is the wife of President Jeff Blau related companies and an investor of the other startups New York City has been secured, including The Daily Muse and Loverly.

Based in New York Hukkster who had called in April 2012 launched an impressive first year of growth, in particular by the stars of her twins pushed investors. The site has about 80,000 users on the platform and 2000 platforms retailers, including Nordstrom JWN 1.24%, 0% and Target TGT Bloomingdale. In March, a mobile app in May debuted a turnover hukkster a partnership agreement with Self Magazine, which undergo a retrofit this year (less than fitness, more fashion) to the reader to "Hukk" permit has items that. Directly from the website For the uninitiated, resembles hukkster options for deal-seeking. See something that you can get as on an e-commerce and "Hukk" website an email when it comes to market.

"I like the idea," says Lisa Blue Angel investor whose reputation is founder to invest in women in and around New York. "As an investor, I am attracted to the consumer-oriented companies that are intuitive for me. And it is a concept that many women would react. This is something that I have my friends would use and then there are other companies, trying the same problem to be solved, I do not think that what they do is also built very focused or as intuitive as it Hukkster. "

The boat of the month round will be used over the next 12 months to build product improvements holiday 2014 (whoa) and the marketing budget for the same period of time (the second of the company since the start). First Place: June conversion will begin the site a new "trend setters" section, which multipliers is the fashion feature, "" wish lists "next to user Hukkster own must-haves The first influencer hukkster high profile has not been officially announced, but the founders are not. no teaser. "She's a top-down view as really cool," Finnegan said. "It's really appropriate for our users, it's a bit ambitious, but avant-garde as well."

The tastemakers page marks a turning point for Hukkster bet that users their website a goal after. A growing customer interest in the recommendations and the discovery "Our customers love Hukkster because they can get to the sites that they know and love to go, but she began to demand more," Finnegan said. "And because we were able to recognize trends early by user data, we are able to provide these parts or themes in the market much sooner."

Also on deck: an overhaul September iPhone and iPad app, the "game-changing" foundation properties are under wraps for the moment kept promises.

"We issued a convertible bond in May and we had always planned our series of seeds to do this month," said Bell, adding that all the loose ends are tied to the fundraising end of May. "We are very pleased to announce the next phase of growth of the brand."

Chanel reaches career high ranking

  Johannesburg - Chanel Simmonds of South Africa climbed 17 places in the latest WTA rankings released on Monday, reaching a career high ranking of 162.

Simmonds, 20, took second place in Soweto Open at the weekend after losing 7-6 (3), 4-6, 1-6 to Timea Babos of Hungary in the final of the women's tournament.

Number one Chanelle Scheepers SA moved up three places to 57th Place ranking in singles, women, despite the 3-6 defeat, 3-6 to former world number one Ana Ivanovic at the Madrid Open last week.

Meanhwhile, the number of SA men a Kevin Anderson in the 27th Position, retained his rank for singles ATP.

Anderson reached the third round of the men of Madrid, where he was eliminated in straight sets by the world number six Tomas Berdych. - Sapa

new strains of the festival - a guide of fashion for summer 2013

KATE MOSH

Just because you four days in one area does not mean you can not be avant-garde. Your motto? Live-resistant, die Chung. Your Isabel Marant wedge trainers can be difficult to walk on stage at the park, but it's not that you want the hospitality as soon leave - this is the only place with a fairly large mirror for all of your makeup (and Perk up) requirements. Glamping is all the way to you - even if you could put a tent for three people in this huge Mulberry handbag.
GORE-TEX GENERAL

Although the neophytes disconsolately festival fish for their about-face in the mud, you are blessed in your coat and leggings Masters spent stride. Your waterproof jacket folds into a fanny pack that keeps your high SPF sunscreen. The tent in five minutes. You might think that you have a little space, but they all will be begging to borrow the hammer, not to get yourself stuck round clash-finder to mention. And they do not know your Camelbak filled with a pretty decent Chilean Carmenere ...
We saw ONESIE

She counted it would be the perfect party dress to complete your wacky personality. But then an ear fell before reaching the site, and God knows where your wallet and cell phone were missing. You can not trust the zipper on an outfit that costs them: Your Pikachu suddenly see a little more, and some animals to be close with what seems to be the carnal interest. YOLO?
ADIDAS AZTEC

Their mantra is: 'ave it large' ave it loud, face 'Ave dubstep on the floor of the tent before midnight. It will not take long to go native, whisk your Superdry Polo and smearing of the torso with fluorine warpaint as the last of the Mohicans for mentalists. You will be on the front of Flux Pavilion, in addition to Relentless until it is time for Kasabian. But is that poppers or Clearasil we feel?
GDP CAROLINE

The only thing cooler than your favorite band live live blogging of your favorite band. iPad height, you are an independent guerrilla distribution center, the "old" media indigestible blipverts drowning in a whirlpool of tweets and Instagrams fuzzy output sequences. All of your vine is sure to go viral (such as Everything Everywhere your signals up).
BRYAN MAIDEN

A bit of Ted Nugent, do the search intensity in tent cities. Scrumpy shed properly removed, go straight for your usual spot in front of the speakers. They welcome the mud - Her black outfit is dirty anyway and it keeps the layers of the mosh pit. Who cares if the queues are longer than Skrillex Slayer these days? You worry about anything as long as it. Staves from the prospect of returning to the service desk on Monday
TWEEDOPHILE

You could cycle to the festival on your unicycle if it (can stoves and is not cheap, and mud terribly corrosive) not to bad road conditions. Nevertheless, the game is afoot! Acquired their pocket watch vintage fayre can make you look dashing as you see your mixologist are pop-up, with a nice flat worm man emblazoned with your personal arms. As night falls, it's time to scan a few gallons of their feet on the sample Lindy Hop in the tent electro-swing.
SYLPH FORGIVEN

People with closed minds say festivals are all about the music, but also for you, it's really a chance to get back to nature. You are responsible for your chakras raving Rudimental and prefer to weave casually through the fields devoted to spiritual activities and inner exploration, with flowers in their hair and happy mischief in your heart. This brings you even closer to the pulse of Gaia muddy bare feet - although it is true that the last silencer discarded felt more like a falafel.

wins Gucci Guess study in Italy

  Los Angeles lifestyle brand Guess Inc. has won the second round in a number of cases of the brand, fought with Gucci.

On 2 May had been an Italian court a 83-page decision rejecting the application for Gucci Guess who on the designs and the logo of the Italian luxury brand intervened.

In addition, the Court has held that the diamond pattern Gucci G logo and "Flora" style brands in Italy and the European Union are canceled and the basic rates "Quattro G Diamond" is not a replica of the Gucci GG pattern.

Gucci has promised to appeal the decision, noting that the use of G Guess logo is "free riders to the brand of Gucci and in general, its illegal and parasitic brand image."

This is the second time that two big name brands have faced court. In May, the two companies were currently in federal court in Manhattan in a similar color. Gucci has won the case before the U.S. District Court. Judge Shira Scheindlin Gucci awarded $ 4,660,000 damages a small part of the Italian company has $ 220 million of the company in Los Angeles requested.

Paul Marciano, CEO of Guess, said: "For me, the three-year fight in New York and Milan four years is due to a massive and unnecessary litigation that could have easily been solved with a simple call that Gucci ever made."

He added: "The tactics of Gucci are nothing less than bullying due to their infinite resources, Gucci forum shopping was in the world to try to stop guessing from the expansion of the accessory business success This is profoundly wrong and unreasonable..."

Gucci has pending litigation against rates in China and France.

Zara v H&M: Which will win the battle for Australian fast-fashion?

  Soon the Australian consumer will have the choice of leading fast fashion retailers in the world.

Announced the Swedish giant H & M in March, it will be extended to Australia next year. Bowing our sales dollars he joined perennial rival Zara, which is here since 2011.

H & M and Zara are leading retailers competing in the same space, but have developed radically different business models.

How do they differ, and who is going to win in Australia? We asked the experts.
Presentation of the fashion titans

H & M was founded in 1947 and written in 2012, $ 745 million in profits. It is supported and promoted by some of the biggest names in popular culture. Its current season is sponsored by R & B singer Beyoncé. It operates 2,853 stores in dozens of countries, including many in Asia quickly (three branches in Thailand, three in Malaysia, 15 in Japan and more than 100 in China).

Until recently, the largest fashion retailer H & M Europe. And then, in 2006, he was overtaken by Zara.

Zara is the best known brand of Inditex, founded in 1963 by Spanish giant in the retracted billionaire Amancio Ortega, now one of the richest men in the world.

Inditex listed in 2001 and increased its profit more than quadrupled since then, 3 billion dollars. It is the largest company in Spain and is proud of its fast fashion business model. Since H & M expands.

Both Zara and H & M are as fast-fashion icons. But they have different strategies to thank for their success.
Bicycle rack for storage in 20 days: The risks of supply chain Zara ultrafast

The greatest strength of Zara in its supply chain, they can run (three weeks) in new ways in a fraction of the time it is traditional retailers.

Unlike most retailers, Zara rarely entrusted Asia. He cuts tissue internally at its headquarters north of La Coruna in Spain and sends the local cooperatives for sewing. Sewing cooperatives and packages (adding price tags and hangers), and return to Zara stores will be driven and controlled world.

When he does not outsource expensive European countries whose output can be pushed quickly to the seat.

Zara designers are all based at its headquarters in La Coruña and churn quickly inspired by the latest runway trends drawings. The offer is limited - no more than a race made of any design. This keeps rare drawings. Zara stores receive new merchandise at least twice a week.

This means that the chain always strictly controlled Zara stores about new products, but in a limited quantity.

H & M operates quite differently. It uses a similar retail traditional seasonal fashion model. The stores are also widely used with staples in Asian factories cheap, are made throughout the year in stock.

It achieves a fast recovery similar to Zara, but it makes much more use of Asian outsourcing.

This can vaccinate against one of the biggest risks of a pure fast-fashion retail expert and his partner David Gordon Bentley said Leading Company help.

"The risk of fast fashion is that you misunderstood the fashion trends.

"The basics are not fast-fashion. This means that if you sell regularly, they are at low risk for a boost your sales."

But H & M of outsourced supply chain and clip area means that it will not be considered in the same league as Zara into consideration when it comes to fashion quickly, says marketing professor at the University of Melbourne Mark Ritson.

"H & M in terms of the actions is still too fast. Zara But if you simply can not qualify the model as fast fashion, H & M., It always follows the seasons, for example. H & M on a road or only jeans in comparison, "says Ritson, which advises many luxury brands in the world.

"H & M is largely successful, but it is not Zara. His growth and business model is less radical. If there is no Zara, H & M, the king of fast fashion."

Met Museum in New York celebrates the influence of punk fashion

   Occupied with their black leather jackets, ripped jeans, bondage and messages of rebellion and anarchy, punks 1970s probably never considered a great museum would celebrate her influence on fashion 40 years later.

But the Costume Institute of the Metropolitan Museum of Art is doing just that with a new exhibition, "Punk: Chaos at the seam", the 9 Opens May 14 and runs until August

It includes 100 punk styles, ranging from the mid 70s to Vivienne Westwood in London and the shop Malcolm McLaren and the Sex Pistols pictures of examples of the influence of punk, high fashion and designers like Alexander McQueen, Helmut Lang, Miuccia Prada and John Galliano.

Movies and music of the time and a re-creation of the covered toilet graffiti at CBGB punk-rock club in New York, where Blondie, the Ramones and the Talking Heads played to add the grim authenticity of the exhibition.

"Punk was all about celebrating the individual, celebrating creativity and do not be afraid - even in your presentation brave and courageous in your fashion statement," Andrew Bolton, curator of the exhibition, said in an interview.

"Punk was to change the status quo," he added. "I think all this very touching mode."