2013年11月7日星期四

a huge loss for the world's poor

and simply walking around my neighborhood can be inspiring. I have several quirky stores I like to visit in Los Angeles such as Discount Louis Vuittonflower shops, studio rental stores and interior design studios that inspire me. -to-sales multiple that was merely in-line with the broader luxury sector, the company's share price would rise to €494.30, almost 243% above their present price. While we view it as unlikely that shares of Dior will see such returns, this does highlight the steep discount that Dior trades at relative to the broader luxury sector. With a book value of €154.07 (and a price-to-book ratio of 0.94x) Dior also trades not only at a discount to its own book value, but at a discount

to the luxury sector average of 5.1x, per FactSet. Here too, liquidity helps explain at least a portion of the discount. In France, only Hermes shares have a higher level of insider control (with Hermes's founding family controlling over 70% of the company's votes); we note that Kering, owner of brands such as Gucci, is "only" 40.9% controlled by Artemis Group, the holding company of CE Who would your dream guest blogger be? I would love to have Louis Vuitton azur canvasBill Cunningham do a trend piece for my blog. He's absolutely adorable and ing'' of 44¢ on the average Australian worker's income. Can we really not spare that? The aid cut looks even stingier when new Treasurer Joe Hockey can immediately find twice as much money to boost the Reserve Bank's capital reserves.

Yet our ''modest'' aid cut is a huge loss for the world's poor, 3 billion of whom earn less than 1 per cent of average Australian earnings. Even if some is wasted, our loose change makes so much more of a difference to their prospects than it could ever make to ours. If we still insist we don't have money to spare, and anything we make is rightly ours to keep, then we are a Louis Vuitton suryaself-deluded nation. We will never convince anyone but ourselves that good people can live such privileged, selfish lives. as a whip when it comes to having an eye for trends. The best in the industry!

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