NEW YORK — Bernard Arnault has more than opening-night parties on his mind.

In town to celebrate the unveiling of the largest Louis Vuitton store in the world and the brand’s 150th birthday, the chairman of LVMH Moët Hennessy Louis Vuitton revealed in an interview Monday that he’s bullish on luxury, of course, but not without his without his worries. There’s the continued strength of the euro against the dollar — which is wreaking havoc with prices of European luxury goods — as well as the swelling U.S. deficit and the unemployment picture.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus