PARIS — Benefiting from its attainable luxury positioning amid economic uncertainty, French leather goods firm Longchamp saw revenues bound 16 percent last year to 454 million euros, or $583.7 million at average exchange rates.
The results were powered by a rollout of boutiques and shops-in-shop; key product launches including a leather version of its perennially popular Le Pliage bag, and a steady flow of Asian tourists, particularly in Europe.
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)