Lisa Botter Apr 19, 2017 6:47 AM EDT Leather goods have emerged as the surprise "must-have" item of the season, according to recent earnings and tradingupdates, with sales boosting the top and bottom lines ofmany luxury houses. Burberry ( BURBY ) Wednesday said that it will put a bigger focus on leather goods and ladies' bags, after the category experienced growth in the mid-teen percentage points in the second half, compared with group growth of 3%. The British luxury house isn't the only company that has experienced this growth, with Hermes International ( HESAY ) and LVMH ( LVMUY ) crediting their leather divisions for strong quarters in 2017. Burberry saw exceptional sales in ladies' bags, with sales up 20% in the second half, CFO Julie Brown said during an analyst conference call Wednesday. Accessories, especially handbags, are becoming an area of focus for Burberry, she added, saying they also the fastest growing part of the market. The luxury house said it plans to create a family of bags, including the Banner bag, ruck sacks and DK88, Brown said. However, the company's focus on its outperforming division did not quell investor concerns. Burberry shares were down 5.8% at 11:24 BST in London, changing hands at 1,602 pence, hitting a three-month low. Coach ( COH ) , a one-time suitor of Burberry, could be a company that could benefit from this trend in leather bags.
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The French leather-goods manufacturer began life as a tobacconist before changing direction with leather-bound pipes, and its smart workaday handbags and briefcases are well made, practical and not flash, in supple leather or leather grained in python or lizard.Ialsolove some of the small leather bags in brightcoloursfrom shocking pink to Klein blue. Some lines reinterpret vintage designs, others bring in guest designers and artists, such as Kate Moss and Sarah Morris. This shop has temporarily moved across the street to No.261, while the shop is enlarged and redecorated as a three-storeyflagship store, set to open in July 2016. Branches at 21 rue du Vieux-Colombier and 77 avenue des Champs-Elysees. View photos Address:404 rue St-Honore, 75001 Contact:0033 1 43 16 00 16; longchamp.com Getting there:Concorde Payment type:credit cards accepted Tse et Tse I love the quirky yet practical items created by designers Catherine Levy and Sigolene Prebois, alias Tse et Tse Associes. After being available กระเป๋าแฟชั่นราคาถูกจากโรงงาน ขายส่ง in design outlets like Sentou, they opened their own tiny shop on a side-street between rue St-Honore and the Tuileries a couple of years ago, where they showcase their new products, as well as items like the April test tube vases and Cubist Garland lamp that have become a classic. It's full of good ideas, with a blend of contemporary design and craftsmanship. Most items, such as the gorgeous, metallic-glazed porcelain salad bowls and handblown fingerprinted glass carafes, are handmade in France or the rest of Europe. There's a branchat 12rue de Sevigne in the Marais. View photos Address:7 rue St-Roch, 75001 Contact:0033 1 42 61 90 26; tse-tse.com Getting there:Tuileries Payment type:credit cards accepted Sandro People tend to divide between Sandro and Maje, the two fashion labels founded by sisters Evelyne Chetrite and Judith Milgrom that have been taking over the capital.
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Now, a new film has come out claiming the government was largely responsible for the tragedy, reports the BBC's Tessa Wong. Last weekend, thousands gathered in Seoul to mark the anniversary of one of South Korea's worst maritime disasters. On 16 April 2014, the Sewol ferry heading for the island of Jeju capsized, killing more than 300 people onboard, many of whom were high school students. The tragedy roiled the country, with much of the public's anger directed at the government over poor safety standards and rescue work. After The Sewol shares this narrative. Through interviews with victims' families, activists and rescue workers, the film makes the case that the government bears a significant amount of responsibility for the tragedy. It alleges that the authorities have not done much to improve safety measures despite repeated accidents, and have prioritised economic growth over the well-being of South Koreans. The South Korean government has yet to respond to the BBC's request for comment on the film's allegations. Image caption Thousands gathered in Seoul over the weekend to mark the third anniversary of the sinking The documentary, made by British filmmakers Neil George and Matthew Root, was screened online for free last Sunday - the anniversary of the sinking - and is touring the film festival circuit. The filmmakers had initially only wanted to focus on how the victims' families were coping with their loss, Mr George told the BBC.
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