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BREAKING TRENDS: RESORT 2017 LOUIS VUITTON

In Fashion, Breaking Trends, What's New by Accessories Staff

Fashion

Resort/Cruise 2017 – Accessories Magazine’s daily dispatch of the latest looks coming down the Resort/Cruise 2017 runways, all filtered through the accessories lens.  To see all the daily Breaking Trends, click here. LOUIS VUITTON Creative director Nicolas Ghesquière showed the Louis Vuitton Resort 2017 destination collection in Rio De Janeiro, home to this …

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LVMH Hits New Heights as 2014 Profit Rises 64%

In What's New, Industry News by Jeff Prine

Paris—LVMH enjoyed a record high in shares today after reporting Tuesday that its luxurygoods sales were higher than expected last year. Pointing to a successful rejuvenation of its flagship Louis Vuitton brand, Chairman/CEO Bernard Arnault credited designer Nicolas Ghesquiere with revitalizing the line, which accounts for more than 7.5 billion …

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LVMH Sales Up Despite Weakness in Asia

In What's New, Industry News by Jeff Prine

Paris—LVMH, “the world’s biggest luxury group,” reported today that sales were up in its third quarter as business picked up in Europe and the United States which offset continued weakness in Asia. For the three month ended Sept. 30, the parent to Louis Vuitton and Fendi, said comparable sales growth …

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LVMH First Half Profit Hit by Exchange Rates

In What's New, Industry News by Jeff Prine

Paris—LVMH—the world’s largest luxurygoods conglomerate—felt the sting of a “pressured” Asian market that pushed its profit and margins lower in the first half. Profit from recurring operations fell 5% to 2.58 billion euros (about $3.5 billion). Analysts had expected 2.76 billion euros. According to CFO Jean-Jacques Guiony, so-called organic sales …