By  on October 16, 2013

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.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus