depending on the name and the rights

a year for the first two years. A year after that, Mr Miu Miu handbag de Lummen sold Vionnet to Matteo Marzotto, the Italian entrepreneur (Vionnet is now owned by Kazakh entrepreneur Goga Ashkenazi.)you decide if designer makeup is worth your paycheck? Especially now, with the release of Marc Jacobs' beauty line. The legendary designer found smashing success with fragrances, but his makeup collection is a mixed bag. Everything comes in sleek, black containers with silver accents. The eye shadows are in combinations of three or seven and have a mirror that spans the length of the compact. The latter size comes in at $59, and while the consistency is smooth, they're colors you could get anywhere.

The nail polishes are inconspicuous, especially with such basic colors and an $18 price tag. The eyeliner, though, may work too well. Jacobs promotes it as the "first-ever" waterproof gel pencil—but even makeup remover is worthless at removing it, so maybe plan to wear it for a few days? It's more impressive than the concealer, which comes in a tube that releases the liquid with the touch of a chrome button, but it does little f “That was the miu miu classic bagsbreakthrough,” he says. “That was when I realised that sleeping beauties could be a business model.” He then revived Moynat, the 19th-century trunk maker, again assembling a small team to get things started and then selling it on to France’s Groupe Arnault of luxury goods fame in 2011 for an undisclosed sum. Mr de Lummen will say that

he generally sells his revived brands for anywhere between €1m and €10m, depending on the name and the rights that come with it, and that this can lead to “rather interesting multiples” of profit. Though Mr de Lummen is French, Luvanis, the company under which he collects his brands, is based in Luxembourg for tax reasons. Mr de Lummen says two skills are key to make the sleeping-beauties model work: a meticulous approach to the legal vcheap miu miu handbagsaspect of the business, as trademark rights can be hugely complex due to different jurisdictions and the possibility of multiple owners; and the knowledge of what brands to collect.