Monday, October 11, 2010

Fashion in the Markets!

(From Reuters) 7:38am E.D.T.

COMPAGNIE FINANCIERE RICHEMONT S.A.

CFR.VX

CHF47.86

+0.96+2.05%

7:38am EDT

Hermes International S.C.A.

HRMS.PA

€171.35

+0.85+0.50%

LVMH Moet Hennessy Louis Vuitton S.A.

LVMH.PA

€110.85

+1.15+1.05%

Demand for Louis Vuitton bags has been so strong, the leather goods maker last month decided to raise the price of some of its bags by as much as 9 percent and close its Parisian shops an hour early to preserve stocks ahead of Christmas - Reuters

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