Product is the defense against the crisis, say LVMH and Hermès

Craftsmanship and product value are the defense against the luxury crisis. LVMH’s number one, Bernard Arnault, spoke about it during the 10th anniversary celebration of the Institut des Métiers d’Excellence training program. Olivier Fournier, deputy executive director corporate development and social affairs at Hermès, also touched on the topic. Defense against the crisis Excellence in…