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Espresso News

Espresso Shot Of News…

Your Daily Fashion Scoop

Photos from purseblog.com

Hermès, Birkins & Kardashians… it’s Fridays Espresso News….

LVMH to own over 17% of Hermès

The LVMH (Louis Vuitton Moet Hennessy) group, the world’s largest luxury goods conglomerate, has announced it will increase their stock ownership of Hermès to 17.1%. LVMH currently have 14.2% stock in Hermès and rumours are circulating that in time LVMH are set to take majority share holdings. Hermès is among the most profitable luxury labels through the recent economic downturn. LVMH currently owns Louis Vuitton, Marc Jacobs, Givenchy and Fendi.  

Speaking of Hermès….

Kim and Khloe Kardashian have been spotted looking gorgeous in New York with their Hermès Birkins. Khloe is carrying a striking purple Hermès Birkin while Kim opted for the classic black. Do you think these are the Birkins Kim recently picked up at Hermès in Paris? If you believe the rumours, Kim reportedly bought six regular leather Birkins at around $10,000US each as well as another handbag in crocodile to the tune of $30,000US. Hermès Birkins are an investment after all!

Meanwhile, the Best Dressed
This Week…

At the Fashion Group International’s annual Night of Stars ceremony, where Nicholas Ghesquière received the prestigious Superstar award, many of fashion’s elite turned out looking simply stunning.  Anna Wintour and Kate Bosworth chose striking looks from the Proenza Schouler Spring / Summer 2011 collection. Leighton Meester also looked divine in a Giambattista Valli Spring / Summer 2011 dress.

Meanwhile, Milla Jovovich wore a gorgeous orange Temperley London gown from the Spring / Summer 2011 collection; Jennifer Connelly opted for Balenciaga and Claire Danes looked lovely in a Lanvin dress from the Resort 2011 collection.

Photos from vogue.co.uk & style.com

Who do you think is best dressed this week? xx

Side Photo from bagthatstyle.com