Advertisement
Advertisement
Advertisement

Louis Vuitton designer Nicolas Ghesquiere signs new contract

STORYReuters
Nicolas Ghesquiere, designer of Louis Vuitton, has signed a new contract.
Nicolas Ghesquiere, designer of Louis Vuitton, has signed a new contract.

Despite intense speculation of his departure, Ghesquiere confirms that he is staying



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 yesterday.

Advertisement

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.

Want more stories like this? Sign up here. Follow STYLE on Facebook, Instagram and Twitter