LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.| The Business of Fashion
Louis Vuitton’s latest Shanghai store is a 30-metre-high, ship-shaped experience called ‘The Louis.’| The Business of Fashion
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.| The Business of Fashion
Just a few years ago, designer sneakers were an ‘it’ item driving huge sales. Today the situation has changed, though they still have their place in luxury’s arsenal.| The Business of Fashion
Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.| The Business of Fashion