including the undivided attention

f financial officer Jean-Jacques Guiony said. adding that the brand’s organic revenue growth was "slightly below" the fashion and leather-goods division’s 3% rate last quarter. The transition "is going to take some time".d he had bought a National Lottery ticket with the winning numbers for last Saturday's R33 million jackpot. The newspaper's sister publication Isolezwe spoke to the family and learnt that Ngcobo had told a number of people he had the winning ticket. According to the report, he gave the ticket to his Louis Vuitton monogram idyllemother, Jabulile Ngcobo, for safekeeping until the following day, when they planned to claim the prize. Jabulile said two men wearing police uniforms and bearing firearms arrived at their home later and demanded the ticket.WWD, "LVMH officials believe the Marc Jacobs business could explode given

sufficient investment and support, including the undivided attention of Jacobs and Duffy." Duffy's Vuitton contract is also set to expire in 2014 along with Jacobs'. So what will an IPO mean for the company we all know and adore -- and what will happen to Louis Vuitton? That remains to be seen. Keep your eyes peeled as Vuitton seeks to fill Jacobs' very large, very stylish shoes and Ngcobo was asleep in his bedroom during the robbery and was repo The stock dropped as much as 6.7% to ¤135.15. That decline was the steepest since September 22 2011, and wiped out the gains for 2013. Louis Vuitton Louis Vuitton new arrivalintroduced bags such as the Capucine bag, which has been worn by actress Angelina Jolie, and the W, a combination of a canvas and calfskin leather purse that can sell for $4,000. LVMH’s fashion and leather-goods growth "is very disappointing following significant excitement" around these bags when they were

 introduced, said Julian Easthope, an analyst at Barclays Capital. The company, which published its sales numbers after markets closed on Tuesday, said it remained confident for this year, even in the face of an uncertain European economic climate. LVMH would continue to focus Louis Vuitton nomade leather bagon innovation and geographic expansion in selected markets. LVMH is boosting investment in some of its smaller fashion brands and buying stakes in others to help offset slowing growth at Vuitton, its biggest source of revenue. It is also shuffling Vuitton’s management, with Delphine Arnault joining as executive vice-president and artistic director Marc Jacobs leaving after 16 years to focus on his own label.