26 May 2010

Louis Vuitton likes lower euro

12:16 pm on 26 May 2010

Louis Vuitton says there's a silver lining to Europe's debt woes.

The French luxury goods company, which recently opened a new $US43 million flagship store in London, says it is benefitting from a weakening euro.

Despite the economic glood and doom, chairman and chief executive Yves Carcelle says Louis Vuitton is not seeing any slowdown and the lower euro is helping business.