, Columnist
Louis Vuitton Is Just the Thing for Tough Times
LVMH’s spectacular sales growth shows how the big houses can weather a luxury stumble. It can be tougher for the rest.
Counting on the famous Daimer checkerboard pattern.
Photographer: Pascal Le Segretain/Getty Images EuropeThis article is for subscribers only.
Not all It Bags are equally alluring.
LVMH on Tuesday reported fourth-quarter sales that beat analysts’ estimates. Fashion and leather goods were spectacular: Organic growth was 17 percent, compared with forecasts of 10.5 percent.
