PARIS — LVMH Moët Hennessy Louis Vuitton said sales advanced 4 percent in reported terms to 7.2 billion euros, or $9.9 billion, in the first quarter ending March 31, versus 6.9 billion euros, or $9.1 billion, in the year-ago period.
The growth in sales resulted from a strong performance of the conglomerate’s fashion and leather goods business, which rose 11 percent to 2.6 billion euros, or $3.6 billion, helped by Louis Vuitton.
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)