Wednesday, February 4, 2015

Nicolas Ghesquière Gets an A+ in LVMH's Latest Report Card

Grand goods conglomerate LVMH released it is end-of-year performance report yesterday, is amongst the looks like 2014 was a good several weeks. According to Vogue UK, revenue turned out up 6% in 2014 of €30. 6 billion, and LVMH's fashion and leather goods business enterprise group reported organic revenue growth of 3%.

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The statement designated Louis Vuitton and Nicolas Ghesquière, saying: "For Louis Vuitton, 2014 turned out characterised by strong creative its power, dominated by the enthusiastic receipt of Nicolas Ghesquière's first catwalk shows and of the new products. Of the celebration of the Monogram canvas nearly as revisited by six leading companies and the inauguration of the Avenue Montaigne flagship store in Paris generally among the highlights of the last sector. "

Other brands praised for their 2014 performance include Christian Dior, Bulgari, Sephora, Céline, and Fendi. However many fashion houses struggled to find unique footing. The LVMH statement flows: "Other fashion brands such as iPhone 6 plus case Givenchy, Kenzo and Berluti experienced expanded growth, while Donna Karan and as well Marc Jacobs are in a redeployment phase. "

· Ghesquière Assist LVMH Achieve "Excellent" Results [Vogue UK]

· What to Take Away (and Buy) From Pre-Fall 2015 [Racked]

· Louis Vuitton Sells $2, 790 Bag with Very Large Divots [Racked]

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