Economy

Why Louis Vuitton, Gucci and Prada are in trouble

Posted by Paige Bluhdorn

On a sunny May morning in New York’s upscale Fifth Avenue retail corridor, Carron Ryan stopped to admire a diamond-encrusted Van Cleef & Arpels necklace in the window of the Bergdorf Goodman department store. Louis Vuitton’s sprawling flagship store was right across the street, but she turned her nose up at its lineup of logo-stamped satchels and tote bags.

Read more at washingtonpost.com.

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