PARIS — Citing a “mixed business environment,” LVMH Moët Hennessy Louis Vuitton said sales advanced 14.8 percent in the third quarter to 6.9 billion euros, or $8.63 billion, versus 6.01 billion euros, or $8.51 billion, in the year-ago period.
In organic terms, revenue growth stood at 6 percent, which the French luxury giant characterized as a“good performance in the current economic environment” and compared to a “strong” Q3 in 2011.
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)