LVMH will continue investments in Italy

30/11/2017
The managing director of luxury group LVMH has told Reuters that he expects the market to do “a bit better” next year.

Speaking at the inauguration of the new base for Institut des Métiers d’Excellence, its training academy, in Florence, Antonio Belloni said the group had invested €150 million in Italy this year and would “continue with this trend”.

In October it reported 14% growth in its fashion and leathergoods brands for the first nine months of the year.