Louis Vuitton Struggles to Keep Up with Increasing Demands

Louis Vuitton has just announced that they are closing their Paris stores an hour early every day with the goal of selling fewer products.  The company is struggling to keep up with the product demands of their customers, so closing their doors an hour earlier is an attempt to preserve stock until Christmas. Louis Vuitton is not alone in the struggle to keep up with demands post-recession. Chanel is also finding themselves in trouble with keeping up with the recent demand for luxury goods. Chanel has decided to raise the price of their signature classic bags by 20 percent. Many other designers are coming up with different ways to keep their stores stocked heading into the Christmas season. For Louis Vuitton this is just a temporary measure—they plan to resume regular business hours in November. Check out www.vogue.co.uk for the full story!

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