Louis Vuitton appointed former Balenciaga designer Nicholas Ghesquiere as artistic director of womenswear, succeeding Marc Jacobs, and said he will “infuse” the world’s largest luxury brand with modernity.
Twenty members of Hermes International SCA ’s founding family opted against putting their shares in a new holding company, potentially offering an inroad for LVMH Moet Hennessy Louis Vuitton SA to build its stake.
For decades, fashionistas have known that a Birkin bag is a safe style bet -- if you can get your hands on one. That demand makes its producer, Hermes International SCA, the surest bet in the luxury industry when it comes to sales growth.
Moncler’s $1,220 quilted polyester jackets have been a hit with wealthy skiers for decades. Whether the luxury clothier can prove as popular with investors this week may depend on attracting more non-Alpine customers.