It's a luggage maker best known for one product, a grooved aluminum suitcase with a rabid fan base.
Despite this, the suitcase company (along with cashmere maker Loro Piana) continued their "excellent momentum," LVMH said.
It's "another step in the fashion space," Bonnet-Masimbert said, and a hint of how the company hopes to progress in the coming years.
For a company so synonymous with luggage, it was an "interesting challenge," the CEO said — one that took three years to develop.
"We feel we are very legitimate in that space, and that opens a lot of future product offerings," Bonnet-Masimbert said.
Persons:
—, Louis Vuitton, Tiffany, Rimowa, Brittany Chang, Tumi, Vanessa Garoute, Tania Antonenkova, Martha Stewart, Piana, LVMH, Hugues Bonnet, Masimbert, Lewis Hamilton, Clive Mason, isn't, Bonnet
Organizations:
Service, Dior, Business, LVMH, tote
Locations:
Germany, China, Europe, Asia, North America