Photo: Courtesy of Louis Vuitton. For decades, Louis Vuitton's monogrammed canvas bags have been the brand's most ubiquitous asset. In our humble opinion, they were pretty much the status symbol of the early and mid-aughts. But, now, in an attempt to compete with more profitable luxury brands, the French fashion house is upping the handbag ante in a major way. According to WWD, LVMH's CFO Jean-Jacques Guiony announced in a conference call that the company is beginning a shift toward higher price...
Photo: Courtesy of Louis Vuitton. For decades, Louis Vuitton's monogrammed canvas bags have been the brand's most ubiquitous asset. In our humble opinion, they were pretty much the status symbol of the early and mid-aughts. But, now, in an attempt to compete with more profitable luxury brands, the French fashion house is upping the handbag ante in a major way. According to WWD, LVMH's CFO Jean-Jacques Guiony announced in a conference call that the company is beginning a shift toward higher price...
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