PARIS — LVMH Moët Hennessy Louis Vuitton said net profits slid 13 percent last year amid a dramatic slowdown in luxury goods, but trumpeted a “record” level of revenues in December as an omen of better times ahead.
“This trend is continuing and growing in January for the group as a whole,” said LVMH chairman and chief executive officer Bernard Arnault, sounding sanguine as he addressed analysts Thursday evening.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"