Louis Vuitton-Owner LVMH Believes The Future Of Retail Will Be Mostly In-Store

There are questions about the future of retail, but French luxury goods giant LVMH has no doubt what it will look like. “We see the future being two things: being mostly retail stores, because the client experience in a retail store cannot be matched easily online. As of today, I mean, no one has found the sort of miracle formula that would enable clients to enjoy as much online,” said Jean Jacques Guiony, chief financial officer at LVMH. “The second point is also to enrich this experience with online content,” he added. Read more at CNBC.

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