Agenda-setting intelligence, analysis and advice for the global fashion community.
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The founder and CEO of LVMH hit out at a six-part series in French daily Le Monde with an entertaining rebuttal but his missive isn’t the right way for Europe’s richest person to address a flashpoint for investors, writes Andrea Felsted.
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Expansion beyond an exclusive retail arrangement brings new growth, but brands must have the resources to make sure both old and new partners remain happy.
