Michael Burke, Louis Vuitton Chairman, Visits Korea... Meets Department Store Leaders
Louis Vuitton Korea's Sales Increased by 40.2% Last Year
[Asia Economy Reporter Lim Chun-han] Michael Burke, chairman of the French fashion brand Louis Vuitton, is visiting Korea and will meet with representatives of domestic department stores next week.
According to the department store industry on the 20th, Chairman Burke is scheduled to have successive meetings with representatives from Lotte, Shinsegae, and Hyundai Department Store, with specific schedules still being coordinated.
Chairman Burke is known to plan to review LVMH's fashion brands such as Louis Vuitton and Tiffany, and to assess the movements in the Asian luxury market.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
LVMH highly values the Korean market due to its strong purchasing power and trendsetting influence. Louis Vuitton Korea's sales last year reached 1.468 trillion won, a 40.2% increase compared to the previous year.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
