Asian stock markets will resume. On Thursday, the major markets of the region evolve into positive territory, unlike the sessions yesterday, marked by a sharp decline. A hint of optimism resurfaced since the end in green on Wall Street Tuesday. The U.S. indices finished on a small rise of 0.43% despite macroeconomic indicators worse than expected (in the U.S., housing prices went back down in July while consumer confidence fell unexpectedly ). The emergence of new concerns about the health of the European banking system following the announcements by Standard & Poor's on Ireland has not sealed the meeting.

In Japan, investors are following this trend. The Nikkei opened higher on from 0.89% to 0.78% at 9570 points at a time of closing. The Topix is 0.56% to 847 points.The Bank of Japan (BoJ) has published its Tankan index measuring the confidence of large manufacturers in Japan: the latter rose for the sixth consecutive quarter, gaining 7 points to reach eight points. However, observers urge caution: according to them, the yen is too expensive and likely to make pessimistic firms, which should prompt the BoJ to intervene more forcefully on the foreign exchange market.

Sino-Japanese crisis subsides

In China, the indices of stock exchanges in Hong Kong and Shanghai are also advancing. The Hang Seng is 1.34% and the Shanghai Composite climbed 0.50%. The diplomatic tensions with the Japanese Voison are still present as evidenced by the possible stationing of "soldiers of the forces of self-defense" Japanese near disputed islets with China.

On the commercial front, the crisis seems to subside, however.China is preparing to export its new rare metals to Japan, after the de facto embargo imposed in crisis between the two countries. The newspaper Asahi Shimbun reported that China Customs had resumed Tuesday, the registration procedures for export of these valuable substances for the islands, citing unidentified Japanese traders.

Mixed

Some exchanges, however, are more sensitive to image Scholarships Australia and India, which fell respectively 0.12% and 0.11%. Note that the Australian Stock Exchange is looking for a new boss. Robert Elstone, the current leader of the ASX does not wish to be extended after the end of his contract in late July 2011.

The Korean KOSDAQ appears in small increase of 0.20%.

Oil up

Crude prices were up Wednesday in Asia.In morning trading, a barrel of light sweet crude for November delivery gained 25 cents to 76.43 dollars. That of Brent North Sea with identical maturity appreciating by 47 cents to 79.18 dollars.

But persistent concerns about the health of the U.S. economy should limit this movement, according to analysts.

Sharp enters the dance. The Japanese electronics group announced on Monday to launch its own digital reading devices, backed by several online services, including a bookstore. Known as "Galapagos," these tablets are available in two sizes (14 and 27.5 cm diagonal) in December in the Japanese market first, before being offered the United States, one of the major markets of Sharp .

Discussions with the U.S. telecom operator Verizon Wireless have already committed, said the Japanese group. Sharp's entry in the market for digital books may seem late, most of its domestic competitors – Sony and Toshiba – have for several years of their own reading device.And most importantly, it comes after the success of the Apple iPad tablet itself preceded in 2007 by the Amazon Kindle and many competing alternatives.

Automatic dispatch of newspapers

Failing to be first, Sharp intends to distinguish. On Monday, the electronics group, which is already a major player in digital books, said the release of his readers will go along with the Japanese launch of an online bookstore of 30,000 titles (books, newspapers …) which would quickly spread, particularly to other content – music, videos, movies, games – and open to competing Faxless payday loans shelves.The group will also propose an automatic mailing service digital newspaper subscribers and a special function to "advise reading" according to the interests of the user.

"We want to offer services that fall within the particular culture of the Japanese edition, but we think we have technology in hand to hit the market overseas," insisted yesterday its leaders. Sharp has managed to impose its format XMDF Japan as the standard to read works on mobile phones, a market enjoying strong growth since 2006.

Side innovation, Sharp could spring a surprise by being the first to equip its e-readers with a screen reproducing 3D images without having to wear special glasses. This prototype was presented at the beginning of the month in room consumer electronics in Berlin (IFA).But it is also necessary that the yen remains at reasonable levels against the euro or the dollar not to penalize the export strategy of Japanese group.

For the third meeting against the proposed pension reform, the protesters were under the CFDT and CGT, more numerous in the streets of the country during the previous day of action on 7 September. The CFDT union reported at 5:45 p.m. of some 2.9 million people as he had advanced estimate of 2.5 million during the previous day. As for the CGT, it believes that the protests have collected 3 million people. At the last meeting, the CGT had comptablisé 2.735 million demonstrators. For the Department of the Interior, we are far from the figures released by the two union representatives. At 17.45, the department had comptablisé 997,000 demonstrators against 1.12 million on Sept. 7.

The only certainty for now, the first figures in large companies and government departments show a strike rate down from the day of action on 7 September, which was a success for the unions. These are for example 37% of strikers recognized by management at the station, against 42% in the previous appointment (respectively 49.85% and 51.8% according to the unions), 18.5% according to the Post direction against 24.7% September 7 (30% and 37% depending South) as the RATP (16% of strikers in the direction, against 22% 7), or 26.94% at France Telecom cons 34% previously. In the public, the department has 21.44% of strikers, against 26.76% last September 7. At the employment center, one of the largest utilities with 50,000 employees, the figures are the large gap between data management (12.3% of striking workers) and trade unions (18%).Side of National Education, 25.8% of strikers, down from 7 (29.4%), according to the ministry, which has accounted for 32.68% of strikers in the primary (33.6% on 7) and 19.86% in secondary (25.8% 7). The unions have announced their side for nearly 55% of strikers in the primary and 45% in secondary schools (against 62% and 55% 7).

Mobilization in large cities

Side events, the Interior Ministry recorded a little less than 410,000 demonstrators in France in mid-day, against 450,000 in the last movement. In Paris, where the parade started at 13:30, the police headquarters in Paris announced 65,000 people is "under 15,000" that ten days ago. CGT Ile de France records, meanwhile, about 300,000 people, 30,000 more than 7 September. And specify that the procession had split in two.In the provinces, 22,000 demonstrators were recorded by police in Marseille, 220,000 according to unions, and 37,000 and 120,000 respectively in Bordeaux. In Lille, the unions announced 30,000 participants, is exactly the same figure that two weeks ago. The police, however, revised downward its sales from 19,000 to 12,000 people. Same observation in Nice, unions identify 35,000 protesters marching through downtown and on the promenade des Anglais. Police said the participation is declining: 7,000 persons against 10,500 during the previous day of action. In Rouen, the event attracted 65,000 people according to organizers of a level equal to the mobilization of 7 September. Police said his side the figure of 15,000 against 21,500 two weeks ago.In Toulouse, the unions put the figure of 120,000 demonstrators against 110,000 two weeks ago but the police are talking about a recession, with 25,000 against 32,000 in the procession on September 7. In contrast to Lyon, participation was slightly higher that ten days ago. The event was attended by 18,000 people between the police and 36,000 according to unions. In Strasbourg, between 7700 people, police said, and 22,000, according to the CGT, had expressed. A figure up from the mobilization of 7 September had gathered between 7400 and 18,000 demonstrators.

A bailiff appointed to Albi

To validate the methods of accounting, the police enlisted the services of a bailiff for counting at the same time as the protesters marched Thursday in Albi cons of pension reform and to take the wrong those who accuse cheat on the figures, said a police source told AFP.Result of operation: 4380 demonstrators by the bailiff, 4,200 according to police, 20,000 according to unions. "It will perhaps silence people who think we are not doing our job," said a correspondent of AFP Chief of the Departmental Directorate of Public Security of the Tarn (DDSP), Commissioner Paul Agostini .

Several officials had "fingered" the fact that the Tarn was among the districts where the differences between the counts of the police and union were the most important, he said.

The use of a Huisser justice aimed to validate the method by police.But "it is a way for us to see that we do not err in counting, and our system of counting is correct," said the director of the DDSP.

"I positioned myself in a parade of rather narrow and close to reliable accounts," said the bailiff, Lawrence Vialelle, rushed into the streets of Albi with a colleague. "I was provided with a metering device to give an impetus to each head that was going on. I used my thumb! "He added. He admitted "a margin of error of 100 people because, at times, the human cluster was more compact. Commissioner Agostini declined to say who would be paid by the fees of the bailiff.

"Bet won"

In view of these elements, the Elysee was raised a "significant decline" in the number of strikers. She sees the sign that the French "may adhere more to the reform."The unions have accepted a different interpretation: the secretary general of the CGT Bernard Thibault welcomed a mobilization "in the same waters as September 7, while the leader of the CFDT, Francois Chereque, found the events "at least as important." "Bet won," he said. He added: What we expect is that the government decided to revise its reform and build another. " For its part, the leader of the Workers Force union (FOR), Jean-Claude Mailly, called for further action if the government does not suspend the project.

More info on video itélé.fr

This morning, the unions also showed optimism. On RTL, Francois Chereque, secretary general of the CFDT had predicted a movement "mass" of staff on Thursday 23 September. "There will still be very large demonstrations across France," he said."Maybe not more than 7 September last, we'll see. But for the Ile-de-France, for example, there were more cars ordered in the departments to come to protest in Paris "that at the last day of action.

The mobilization of September 7 was a success for the unions, which had reached 1.1 million people gather under the Interior Ministry, 2.5 million, according to the CFDT, or numbers above the June 24

A day "decisive for the continuation of movement"

If private sector employees have probably been harder to come demonstrate for the second time this month, the success of this day of action was considered "crucial for any movement," said Francois Chereque. "The government is to doubt.There are already five or six issues on which the government anticipates changes [...] We will demonstrate now that people are mobilized. And I think the government looks very seriously the number of demonstrators. " For his part, assured the Elysee Palace on Wednesday that the new day will not affect union reform.

About the possible outcome of the movement, "we will decide on Friday morning," said Francois Chereque. Jean-Claude Mailly today called hopes for another appointment, "for the government to suspend its project on pension and reopen the discussions." But according to information from Figaro, unions have actually already scheduled two new mobilization days at the beginning of October. One would take place during the week and another during the weekend. The dates are not yet arrested.

ALSO READ:

"Strikes: a cost difficult to measure

»COMPUTER GRAPHICS – Tour of Europe practices strike

For the third meeting against the proposed pension reform, mobilization seems to be faltering. The first figures in large companies and government departments show a strike rate down from the day of action on 7 September, which was a success for the unions. These are for example 37% of strikers recognized by management at the station, against 42% in the previous appointment (respectively 50% and 51.8% according to the unions), 16.5% at the post office along the direction cons 22% September 7 (30% and 37% according to South) as the RATP, or 24% of France Telecom against 30% previously. In the public, the department has nearly 20% of strikers, against 25% last September 7. At the employment center, one of the largest utilities with 50,000 employees, the figures are the large gap between data management (12.3% of striking workers) and trade unions (18%).

Mobilization in large cities

Side events, the Interior Ministry recorded a little less than 410,000 demonstrators in France in mid-day, against 450,000 in the last movement. In Paris, where the parade started at 13:30, the police headquarters in Paris announced 65,000 people is "under 15,000" that ten days ago. CGT Ile de France records, meanwhile, about 300,000 people, 30,000 more than 7 September. And specify that the procession had split in two. In the provinces, 22,000 demonstrators were recorded by police in Marseille, 220,000 according to unions, and 37,000 and 120,000 respectively in Bordeaux. In Lille, the unions announced 30,000 participants, is exactly the same figure that two weeks ago. The police, however, revised downward its sales from 19,000 to 12,000 people.Same observation in Nice, unions identify 35,000 protesters marching through downtown and on the promenade des Anglais. Police said the participation is declining: 7,000 persons against 10,500 during the previous day of action. In Rouen, the event attracted 65,000 people according to organizers of a level equal to the mobilization of 7 September. Police said his side the figure of 15,000 against 21,500 two weeks ago. In Toulouse, the unions put the figure of 120,000 demonstrators against 110,000 two weeks ago but the police are talking about a recession, with 25,000 against 32,000 in the procession on September 7. In contrast to Lyon, participation was slightly higher that ten days ago. The event was attended by 18,000 people between the police and 36,000 according to unions.

"Bet won"

In view of these elements, the Elysee was raised a "significant decline" in the number of strikers. She sees the sign that the French "may adhere more to the reform" business card. The unions have accepted a different interpretation: the secretary general of the CGT Bernard Thibault welcomed a mobilization "in the same waters as September 7, while the leader of the CFDT, Francois Chereque, found the events "at least as important." "Bet won," he said. He added: What we expect is that the government decided to revise its reform and build another. " For its part, the leader of the Workers Force union (FOR), Jean-Claude Mailly, called for further action if the government does not suspend the project.

More info on video itélé.fr

This morning, the unions also showed optimism.On RTL, Francois Chereque, secretary general of the CFDT had predicted a movement "mass" of staff on Thursday 23 September. "There will still be very large demonstrations across France," he said. "Maybe not more than 7 September last, we'll see. But for the Ile-de-France, for example, there were more cars ordered in the departments to come to protest in Paris "that at the last day of action.

The mobilization of September 7 was a success for the unions, which had reached 1.1 million people gather under the Interior Ministry, 2.5 million, according to the CFDT, or numbers above the June 24

A day "decisive for the continuation of movement"

If private sector employees have probably been harder to come demonstrate for the second time this month, the success of this day of action was considered "crucial for any movement," said Francois Chereque. "The government is to doubt. There are already five or six issues on which the government anticipates changes [...] We will demonstrate now that people are mobilized. And I think the government looks very seriously the number of demonstrators. " For his part, assured the Elysee Palace on Wednesday that the new day will not affect union reform.

About the possible outcome of the movement, "we will decide on Friday morning," said Francois Chereque.Jean-Claude Mailly today called hopes for another appointment, "for the government to suspend its project on pension and reopen the discussions." But according to information from Figaro, unions have actually already scheduled two new mobilization days at the beginning of October. One would take place during the week and another during the weekend. The dates are not yet arrested.

ALSO READ:

"Strikes: a cost difficult to measure

»COMPUTER GRAPHICS – Tour of Europe practices strike

Click on the thumbnail to enlarge the graphic.

From our Washington correspondent

America Is struck by the "European disease"? The relative weakness of the economic recovery last year and especially the recent resumption of rising unemployment raises questions about the risk. Where is the legendary ability to bounce back from America?

During the eight months since the release of the 2001 recession, the U.S. economy had already created such an average 123,000 jobs each month. But since the end of the contraction in the U.S. in the second quarter of 2009, monthly net job creations were 23% weaker. Despite a year of growth, the long-term unemployment (over 26 weeks) to back pain and always hits 40% of job seekers. This proportion is huge.Even out of the harsh 1982 recession, the long-term unemployment was twice as devastating.

Worse, the rise in the unemployment rate to 9.6% in August was accompanied by an increase to 16.7% in the rate of underemployment. Some see in this figure a more realistic measure of unemployment: it adds to jobseekers who work part time but seeking full-time position. It is clear that the most serious financial crisis since the 1930s has caused injuries far more profound than ordinary recessions. Even if the private sector hired every month since January 2010, America did not fall as easily as before.

Debate in Congress to help SMEs

Even if only for demographic reasons, the United States needs more growth than Europe in reducing unemployment.To maintain a stable unemployment rate, it is that America generates about 125,000 new jobs every month. But even the massive plan to revive the $ 787 billion, passed in February 2009, failed to reboot the machine enough to create jobs that is usually the U.S. economy.

In full general election campaign in early November that will renew the entire House of Representatives and one third of the Senate, Congress debates a package of aid to small businesses. These, traditionally accounted for two thirds of new jobs, are triply disabilities. They bear the brunt of the backlash of household debt burden on the consumer on the one hand, while suffering more than larger firms in the reluctance of banks to lend to other.Indeed, they remain dependent on bank loans while larger companies can issue bonds directly.

Finally, small business owners complain vehemently reforms pushed by Democrats, particularly health care reform, which impose new costs and constraints that discourage hiring. The tax relief proposed by Barack Obama to small businesses to encourage them to invest not enough to reassure small business. They fear in particular the effects of higher future taxes on income.

ALSO READ:

"The Fed is reluctant to activate emergency

Photo credits: AFP

lefigaro.fr / jdf.com – The latest survey by the Organisation for Economic Cooperation and Development (OECD), Turkey could display one of rates of growth highest in 2010. Can you imagine growing "Chinese" for this country?

Astrid Fredericksen – The growth rate of gross domestic product of Turkey published the first and second quarter (11% and 10.3%, Ed) are, indeed, impressive and unexpected. The economy seems to have fully recovered from the losses inflicted by the crisis of 2008-2009. However, I do not think we can speak of "growth with Chinese characteristics" for this country. Unlike China, Turkey will have difficulty maintaining a sustained growth as high. The fragility of the European economy and rising oil prices could negatively impact the progression of growth in Turkey.The country is considering taking steps to reduce its dependence on exports by boosting domestic demand, for example.

The gross domestic product of Turkey has yet recorded the same growth rate as China in the second quarter.

Certainly, but Turkey has suffered more from the crisis as China. There is therefore a favorable base effect explaining these very good figures of the Turkish economy. Both engines of growth in Turkey that are capital expenditures (+8.9% in the second quarter and 29% over one year, Ed) and domestic consumption (4% in the second quarter and 10% off one year rolling, Ed) in 2011 should slow down and return to normal levels.In this context, we expect a slowdown in more than a deceleration of the Turkish economy in 2011.

Have you been surprised by the reaction of financial markets to the success of the constitutional referendum (the Turks agreed to 58% on September 12 last, the revision of the Constitution)?

No, to the extent that investors appreciate political stability engendered by a plebiscite of the action of Recep Tayyip Erdogan (Prime Minister of Turkey, Ed). They welcomed the measures taken by the Government to facilitate integration into the European Union. For the Turkish financial markets, politics is just as important as the macroeconomic outlook.

What is the composition of the MSCI Turkey (stock index measuring the performance of stock markets in economically developed countries)?

Financial stocks (banks and insurance companies) accounted for 50% of the MSCI Turkey divided as such: two thirds for banking stocks and one third for insurance companies. This is not a handicap, since, like all emerging markets, the banking system in Turkey is healthy. Because the business model of banks * is simple: their net bank are largely generated by the equipment household commodities (deposit accounts, method of payment, loans …). And then, like other emerging markets, many large family holdings are listed in Turkey, but their floating is not very high, unlike banks privatized.The market capitalization of Turkish banks are still relatively modest compared to other emerging countries: the largest Turkish banks weigh the equivalent of 17 billion euros against roughly 71 billion dollars (about 54.4 billion euros) Brazilian bank, Banco Bradesco.

Why did you choose to include Turkey in your "pocket" on Russia?

For the simple reason that our funds "BRIC", we wanted to diversify our mandates. Due to the encouraging outlook for the economy, we preferred to associate Turkey to Russia rather than a central European countries. The "pocket" of our Russian funds "BRIC" is up 20% of Turkish equities. This figure is steadily increasing for three years and has reached almost its maximum.

Therefore, in order to strengthen, we will transfer it to another term that we created, "Africa and the Middle East." We will integrate, in addition to Turkey, the United Arab Emirates, Dubai or Qatar for the Middle East, and Sub-Saharan Africa for this region. In the meantime, we do not reduce our "pocket" of Turkey, by the end of the year. For 2011, we see based on the macroeconomic outlook. But we can not exclude that the pace of growth in Turkey to continue. Turkey remains a "pocket" of diversification.

On the eve of the "four witches" (expiration of options contracts and futures, Ed), U.S. markets close an up slightly. The Dow Jones gained 0.21% to 10,594.83 points, the Nasdaq 0.08% to 2203.25 gleaning points and the S & P 500 was down 0.04% to 1124.66 points.

On the macroeconomic front, the Labor Department has identified 450,000 new applications for benefits the week of September 5 to 11, 3000 is less than the previous week, during which 453,000 applications were filed.

The current account deficit the U.S. has continued to grow, reaching $ 123.3 billion in the second quarter, according to figures released Thursday by the Commerce Department in Washington.

The condition index of industrial activity in the Philadelphia Federal Reserve remained negative in September for the second consecutive month but improved over the previous month, according to a survey released Thursday.

The index, considered a leading indicator of industrial activity throughout the United States stood at -0.7, 2.0 cons expected by economists polled by Reuters, and -7.7 in August. An index less than zero demonstrates a contraction in manufacturing activity in the region.

Rising producer prices accelerated slightly more than expected in August to 0.4% from the previous month, according to figures released Thursday by the Washington Department of Labor.

In terms of values, we find banks among the largest declines in the Dow Jones Bank of America lost 0.88% to 13.59 dollars and JP Morgan Chase 0.66% drops to 40.71 payday loan dollars. Alcoa shows the largest decline to 15h50: -1.09% to 11.31 dollars.

In contrast, Du Pont de Nemours earns 0.95% to 43.34 dollars, Hewlett-Packard advance of 0.40% to 39.78 dollars.

Fedex (-3.25% to 83.15 dollars)

The mail group announced on Thursday more than doubled its profit in the first quarter of its fiscal year, 380 million against $ 181 million a year earlier. Turnover increased 18.1% to 9.4 billion.

Boeing (-0.13% to 62.65 dollars)

The manufacturer has announced on Wednesday a problem with the Rolls-Royce models a test of its new 787 Dreamliner. On Tuesday, the World Trade Organization has condemned in a preliminary report "massive subsidies" American Boeing.

Chevron (-0.68% to 78.67 dollars)

The oil company is on the verge of signing an agreement with China National Petroleum Corp (CNPC) to provide gas via Australia, the Wall Street Journal. The latter cites general manager John Watson said that CNPC will also take a stake in a gas field that supplies the plant to produce liquefied natural gas from Wheatstone.

Motorola (-1.09% to 8.27 dollars)

The mobile phone manufacturer announced Thursday the acquisition, for an undisclosed sum, company Aloqa, which will be integrated with its Mobility Division, known to be split in the first quarter of prcohain.

The meeting began at 16h, Tuesday in the Assembly. Wednesday morning, shortly before 8am, after only one hour break, the deputies have completed the review of the pension reform. A marathon parliamentary unprecedented since 2007, especially since the meeting could continue without interruption until 15h on Wednesday, at which time the formal vote is scheduled for reform. The opposition has announced that it intends to "fight to the end" for the French, "mainly hostile" she said to the reform.

The tension is still rising a notch just after 7am when the president of the National Assembly, Bernard has served on the Socialist group that he had exhausted his allotted time – 19 hours total on the entire text. This would mean that MPs could no longer express PS on the last sections of text, covering pensions equality between men and women."Democracy, democracy!", Then shouted to the deputies left in a chamber filled with exceptionally.

To carry out their gallant last stand, the elected opposition (PS, PCF, Greens and Left Party) have planned to use a paragraph of the Rules of the Assembly, allowing them to speak in turn role for five minutes, the opportunity to explain his vote individually. "If 200 members each made a socialist explanation of vote five minutes, it means that we can not vote in 15h Wednesday," said the chief deputies PS Jean-Marc Ayrault. Already 165 socialist deputies were registered, which lengthen the debate over twelve hours …

The attack left Woerth, which replicates

Until these explanations of vote, MPs scrapped all night on the bottom of the text.They have adopted such measures on the strain at work announced by the Head of State payday loans direct lenders. Employees possessing a degree of permanent disability between 10 and 20% can continue to retire at age 60. Some concessions have not convinced the deputies left. One of them, the Socialist Jean-Paul Bacquet, accused the government of wanting to "wait until the disease is in progress, sometimes too late to compensate." Other aspects of reform have been even more hotly contested by the opposition. Tuesday evening, the review of the reform of occupational medicine caused a severe verbal exchange between the opposition and Eric Woerth, who is "out of joint" in the words of Martine Billard, member of Paris's Left Party .

The Minister of Labour is under fire from critics permanent opening of the meeting. And the tension increased again Wednesday morning.Around 6:20, the Socialist MEP Catherine Coutelle attacked the ball head Eric Woerth on women's retirement, on average less than 40% that of men: "You have been accustomed to lie. At home it seems second nature. " Eric Woerth then reacted sharply. PS MPs accuse him of having treated Catherine Coutelle of "collaborator". "After the lies are going to insult, which will stop you, Mr. Minister?", Launched the Socialist Laurence Dumont asking in vain for an apology to the Minister of Labour. Other leftist deputies say they have heard nothing.

After the Cabinet at 10, Eric Woerth must return to the Assembly to attend the vote. Again, the atmosphere promises to be electric: the main trade union leaders have called for a demonstration of force in mid-day, opposite the Palais Bourbon.

Louis Vuitton, a victim of its success? According to information published on the website of Challenges, brand group LVMH has decided to close its French stores one hour earlier from Monday and until Tuesday, November 30th to avoid a possible breach of stock before Christmas. Signs located in department stores are not affected by this exceptional measure. When questioned, LVMH refused to comment on the information.

The products most desired by customers are mainly accessories. In the category bag, the model "Speedy", including one bearing the Damier canvas, was also raided this summer, as evidenced by distraught fans on blogs and forums ("And I brainstormed this model for several weeks with the sweet dream of going on vacation with my checkered blue under his arm …").

According Challenges, Vuitton shops are at their maximum capacity. In late July, LVMH confirmed the health of its publishing group sales up 16% over the first six months of the year, coupled with net income of over one billion euros (+53%). If LVMH did not give details, analysts estimate that in turn led Louis Vuitton by Marc Jacobs has recorded a jump of nearly 20% of its sales in the first half.

Recent advertising campaigns have contributed to this performance. Just before the World Cup, the mark had relied on three major figures in football, Zidane, Maradona and Pele, for his promotion.

A recent campaigns staged Bono and his wife for the sale of an ethical bag for the benefit of NGOs.