LVMH Moet Hennessy - Louis Vuitton doesn't shy away from using exotic leathers in their products for Fendi, Céline, and Louis Vuitton — and their customers sure aren't shy about buying them. Demand is apparently high, because LVMH just purchased an entire crocodile tannery for 92.4 million euros, or approximately $124.1 million. That's a whole lot of pastel leather jackets to cry big croc tears over.
Photo: Via WWD (WWD)
