Luxury waits for the US kitten-heeled mule to drop
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Some people follow trends; real fashionistas anticipate them. Unhappy earnings from luxury behemoth and bellwether LVMH should therefore trouble discerning investors. The Louis Vuitton owner’s shares fell 7 per cent on Tuesday after poor first-quarter … Read more