LV Closes Paris Stores Early To Preserve Stock
Reuters is reporting that Louis Vuitton is closing its Paris store one hour early in attempt to preserve stock before the holiday shopping season begins. Apparently the brand is having supply issues and is concerned that if they sell too much now, they wonĆ¢ā¬ā¢t have enough stock to fill demand during the holiday season. “We […]
Reuters is reporting that Louis Vuitton is closing its Paris store one hour early in attempt to preserve stock before the holiday shopping season begins.
Apparently the brand is having supply issues and is concerned that if they sell too much now, they wonĆ¢ā¬ā¢t have enough stock to fill demand during the holiday season.
“We are closing at 6pm instead of 7pm to rebuild our stocks before the Christmas season,” a shop assistant said.
The article says that Vuitton boutiques within department stores Bon Marche, Printemps Haussmann and Galeries Lafayette will not be affected.
Commentators in France say that the division’s production facilities have come under renewed strain as a result of the group’s expansion in China.
Louis Vuitton, which runs 11 ateliers or workshops in France, is building a new facility in the Drome region of southern France to boost production.