PARIS — Bernard Arnault was a bit like the proverbial postman Thursday — neither war, nor SARS, nor falling tourism prevented him from delivering a positive outlook for luxury giant LVMH Moët Hennessy Louis Vuitton.
Addressing back-to-back annual shareholders’ meetings for LVMH and its parent, Christian Dior SA, an upbeat Arnault reiterated that the group is on track to deliver a “tangible” increase in operating earnings this year thanks to juggernaut brands like Louis Vuitton, Christian Dior, Dom Perignon, Hennessy and Moët & Chandon.
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)