Andrea Felsted, 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 Europe
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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.