MONTE CARLO — Discerning, demanding and younger: These are consumers the luxury goods sector will have to address once the global economy recovers from the downturn.
That is the view emerging from industry titans, including Bernard Arnault, chairman and chief executive of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods company, and Angela Ahrendts, chief executive officer of Burberry.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)