Word: vuittons
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...didn't last long. It was also supposed to be named Le Rêve, after the Picasso painting, instead of Wynn, after himself. He was certain for years that he wanted all the signs in the hotel to be sleek and minimal. Then he saw the giant Louis Vuitton sign in his retail space a few weeks before the opening. "Now that's a sign!" he told his employees. All others were soon replaced by signs twice their size. The guy who once had Frank Sinatra pinch his cheeks for a commercial and who earlier this year had helicopters...
...sitting in a Starbucks coffee shop in the toniest neighborhood in Shanghai, around the corner from the Louis Vuitton store, and Wang Ling is getting steamed up over being evicted from her home. "They're liars," she says, pulling out official documents. "They're not going according to government regulations!" The Wangs got caught up in the dealings of a shady property tycoon who is serving three years in jail for stock manipulation--but not before they and thousands of others were tossed out of their homes to make way for the tycoon's now deferred project. They allege...
...establishment. That didn't last long. It was also supposed to be named Le Rêve, after the Picasso painting, instead of Wynn, after himself. He was certain for years that he wanted all the signs in the hotel to be sleek and minimal. Then he saw the giant Louis Vuitton sign in his retail space a few weeks before the opening. "Now that's a sign!" he told his employees. All others were soon replaced by signs twice their size. The guy who once had Frank Sinatra pinch his cheeks for a commercial and who earlier this year had helicopters...
Like two women fighting over the last hot bag at a department-store sale, Coach and Louis Vuitton, makers of luxury handbags, are in a tussle--over Japanese shoppers. In early March, Coach complained to the Japanese Fair Trade Commission (JFTC) that LVMH Moet Hennessy Louis Vuitton was, among other things, strong-arming department stores, threatening to pull the Louis Vuitton brand if Coach opened or expanded within shops where Vuitton already sells...
...recent years, Coach has won over shoppers with its innovative styles and what Coach Japan CEO Ian Bickley calls "accessible pricing." (Small Coach bags start at $275; small Louis Vuitton bags average about $872.) Sales have tripled since 2001; and two years ago, the company bumped Gucci to claim the No. 2 spot for imported bags and accessories in Japan. Though it has a way to go to catch Louis Vuitton--Coach has an 8% share in Japan, and LV has 28%--the company plans to add another 40 to its current 107 Japanese locations over the next four years...