By
Reuters API
Reuters API
Published
May 23, 2018
May 23, 2018
Louis Vuitton designer Ghesquiere signs new contract
By
Reuters API
Reuters API
Published
May 23, 2018
May 23, 2018
Louis Vuitton designer Nicolas Ghesquiere has signed a new contract, delivering a potential boost to luxury goods giant LVMH for which Louis Vuitton is a key source of profits.
LVMH group head Bernard Arnault announced Ghesquiere's new contract in a statement on Wednesday.
Last month, LVMH reported better-than-expected sales growth in the first quarter, which pointed to enduring appetite for its brands from wealthy Chinese shoppers.
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