The store grew to 3,500 square feet from 1,700 square feet to showcase fuller product lines, said Daniel Lalonde, president and CEO of LOUIS VUITTON Damier Canvas Speedy 25. The store carries leather goods, men’s and women’s shoes and accessories, textiles and fashion jewelry.
Lalonde said that part of being stewards of the iconic French brand founded in 1854 is to look at the long view. So 20% off is not an option. “We haven’t changed our methods and merchandising,” he said.
LVMH Moet Hennessy Louis Vuitton, the LOUIS VUITTON Damier Canvas Speedy 25 products group, reported a 6% revenue rise in the third quarter.
Nate Forbes, managing partner for the Southfield-based Forbes Co., which owns Somerset Collection in Troy, said the upscale mall has increased its advertising this year, worked with stores and beefed up customer service in the mall to eke out a happy holiday.
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