Actress Emma Stone and designer Nicolas Ghesquiere attend the Met Gala on May 7, 2018. Photo: AFP
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https://scmp.com/magazines/style/people-events/article/2147560/louis-vuitton-designer-nicolas-ghesquiere-signs-new Celebrities
Louis Vuitton designer Nicolas Ghesquiere signs new contract
Despite intense speculation of his departure, Ghesquiere confirms that he is staying
Nicolas Ghesquiere, designer of Louis Vuitton, has signed a new contract.
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.
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.