PARIS — Hit by weak tourism, growth at LVMH Moët Hennessy Louis Vuitton stalled in the third quarter ended Sept. 30, with sales advancing 1.7 percent to $3 billion, versus $2.95 billion a year ago.
Still, the luxury giant stressed that its sales and profits continue to grow in the face of "general uncertainties surrounding the luxury goods market." What’s more, LVMH said growth in operating income, which advanced 19 percent in the first half, should accelerate in the second half.
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?"