He says the "premium line" he is working on will sit alongside the brand's more affordable options and be for those who would "rather spend a bit more money and want something higher quality".
Bernard Arnault, LVMH's chairman and chief executive, said at the earnings briefing that while the environment remained uncertain, the group was confident about its long-term prospects.
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Energy Secretary Ed Miliband has said the impact of the rapid expansion of data centres on the UK's efforts to lower carbon emissions to net zero is "inherently uncertain".