The owner of Louis Vuitton and Dior is now selling unused luxury fabrics and leathers online from $4 a meter
LVMH — the luxury giant behind Dior, Louis Vuitton, and Celine – is now selling fabrics at discount prices.
The new online store, Nona Source, sells leftover fabrics and leathers from $4 a meter.
These unused fabrics come from LVMH’s high-end brands.
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LVMH has started selling unused fabrics from its high-end brands, including Louis Vuitton, at bargain prices.
The new online shop, which went live on Monday and is called Nona Source, sells leftover materials from its sought-after fashion brands. A spokesperson for LVMH confirmed to Insider that all of LVMH’s fashion brands would provide fabric. LVMH owns Louis Vuitton, Christian Dior, Givenchy, Stella McCartney, and Celine, among others.
The store is Europe-only and LVMH said it had no plans to launch it in the US. It is open to certain business owners, such as fashion designers. Each buyer must set up an account, sharing their company name and registration number, to shop.
Potential buyers can search by fabric style, weight, and use. Prices start from €3 ($3.60) per meter for lining materials, and up to €50 ($60) per meter for cashmere.
The shop is part of LVMH’s push to become more sustainable in the next 10 years, via an initiative called Life 360. It has promised to upcycle and recycle clothes.
Read more: How the $286 billion luxury empire LVMH reinvented its diversity strategy
The store is led by a three-person team who previously worked at LVMH-owned brands. The trio came together in 2019 as part of LVMH’s Disrupt, Act, Risk to be an Entrepreneur (DARE) program, which lets LVMH’s thousands of employees pitch new ideas to management and turn these into real projects.
These employees are now working full-time on Nona Source.
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Las Vegas Aces Easily Beat LA Sparks In Home Opener Friday Before Nearly 2,000 and New Owner Mark Davis
Story by Cassandra Cousineau Photos by J. Tyge O’Donnell
The Las Vegas Aces showed why they’re one of the favorites in the WNBA by cruising by the Los Angeles Sparks, 97-69, in the home-opener Friday.
Aces/Raiders owner Mark Davis said the team’s 2,000 season ticketholders would get a refund and be able to attend this season’s home games for free. Davis had a good time tonight as he took selfies with fans and watched the Aces roll to their second win in three games. Las Vegas split their first two games against defending WNBA champion Seattle on the road.
It was festive tonight. The DJ blasted, ‘This Is How We Do It,’ Montel Jordan’s iconic party theme song for Aces fans inside what is now officially called, Michelob Ultra Arena, under a naming rights deal in February.
The court was well lit, and the scent of popcorn and salted snacks permeated the arena on the Strip. Just like that, the WNBA was back in business in Las Vegas.
Limited in size by COVID-19 protocols in Clark County, the enthusiastic crowd was engaged from the opening tip and the players took notice.
“I was excited, we were excited. It was great to have the fans back,” said Aces star forward A’ja Wilson, contributed 17 points in the blowout.
When we ran out, I really had no choice but to just smile. I really missed it. I missed everything about it. We missed everything about it. To have the home crowd behind us, it’s a big, big impact. Just to hear the cheers and the chants, it’s something we missed a lot in the bubble. — Aces’ A’ja Wilson
Las Vegas led, 25-20, after the first quarter and closed out the half with a 56-36 lead powered by Dearica Hamby’s 13 off the bench. If balance was on the bulletin board, the team overachieved. Friday night’s big time win had the team getting it done from both sides of the floor, shooting 53 percent while holding the Sparks to just 35 percent shooting.
The Aces’ last game at The House was Sept. 24, 2019, when the team managed to win just one game in the Western Conference Finals to eventual champions Washington Mystics. The arena also was known as the Mandalay Bay Events Arena at the time, while the team was owned by MGM Resorts International. MGM Resorts sold the team to Davis in January.
Aces coach Bill Laimbeer played his entire roster in the game trusting every player on his bench to contribute valuable minutes.
“The role players really shined tonight and I was happy with that. Our whole team is a work in progress, but I think our potential is showing,” he said.
Here’s Laimbeer’s postgame comments:
It’s been a full 605 days since many of the season ticketholders have seen the team play live.
Davis refunded all 2021 season ticketholders and invited only these season ticketholders to see all 16 home games for free.
Earlier in the month Davis announced the Aces will celebrate the 25th anniversary of the WNBA by starting an alumni association and welcoming a group of former players at each game.
“We will be honoring the alumni, all throughout the season, we’re building an Aces alumni association, and we flew all of them in to be honored,” Davis said.
Andrea Gardner Williams (San Antonio Silver Stars), LaQuanda Barksdale (Silver Stars), Wendy Palmer (Starzz), Adrianne Ross (San Antonio Stars) and Danielle Crockrom Fontenot spoke at halftime.
“We are telling them they will not be forgotten. I’ll tell you, it brought them to tears. It was great. We’ll build some real goodwill, too. I’m in it for the long run.” Davis is patterning an already established tradition he built with his football team, the Raiders.
Aces more than covered the spread as they were a nine-point favorite The team returns to action Sunday at home against the Connecticut Sun at 3PM.
Attendance was 1,972.