Style Notes: Louis Vuitton Is Luxury's MVP; DVF, Vera Wang Make Forbes' List
Celebrating hump day with four fashion stories.
Who run the (luxury) world? Louis Vuitton, apparently. The French fashion house was named the most valuable luxury brand by Millward Brown and WPP in a recent study, with a $27.4 billion valuation. Hermes and Gucci came in at second and third place, respectively, though the total value of luxury brands on the whole has dropped by $7 billion. [WWD]
Forbes has released its inaugural list of the 50 Richest Self-Made Women, and among the obvious contenders (Beyonce and Oprah) are some familiar fashion ladies, including Tory Burch (No. 17), Diane von Furstenberg and Donna Karan (tied for No. 31) and Vera Wang (No. 34). Well done, fashion. [Forbes]
It seems like not too long ago when Snapchat was just a fledgling app competing for its rightful spot in the social media landscape. Now the ever-growing company is reportedly investing in the hyped shopping app, Spring, which raised over $25 million in funding last April. Tech experts speculate that this could be Snapchat's way of easing into an e-commerce expansion. [re/code]
Digital moguls Emily Weiss of Into the Gloss and Sophia Amoruso of Nasty Gal are joining forces to bring Weiss' new line of Glossier beauty products to a pop-up shop in Nasty Gal's second brick-and-mortar store. From June 5 to June 7, Nasty Gal customers can shop the line of beauty goods at the Santa Monica, Calif., location, and even have the option of getting an in-store "makeunder." [Racked]