PARIS — Louis Vuitton’s shift to higher-priced leather bags is “not a three-week process,” meaning the powerhouse brand may continue to be outpaced by its luxury peers.
That was one of the main takeaways from a conference call Wednesday to discuss third-quarter results at LVMH Moët Hennessy Louis Vuitton, where revenues rose 1.7 percent to 7.02 billion euros, or $9.3 billion, missing consensus expectations and indicating slowing growth from earlier in the year.
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?"