Sold-out leather bags suggest LV turnaround is paying off
17/09/2013
Louis Vuitton's new EUR 3,500 Capucine leather handbags are sold out in most European stores, signalling the world's biggest luxury brand could be regaining some of its sparkle. The news implies Louis Vuitton's efforts to reposition itself as more upmarket are starting to yield positive results. An informal Reuters survey of Louis Vuitton...