Cheap bathing suits and paint suits have become popular accessories in the luxury industry.
But they’re not exactly inexpensive for most people.
Fendi, the Swiss luxury brand that owns brands like Hermès, Chanel, and Louis Vuitton, is closing in on $3 billion in sales, or roughly 10% of its revenue, in the second quarter of 2019, according to the company.
Fadjie Dang, a senior vice president at Fendi North America, told analysts that the deal with Louis Vuitons, the global luxury brand, could bring in $3 million a day in sales for the brand.
The sales will benefit Fendi from more revenue coming from Louis Vuits luxury brand and other brands, which include Gucci, Dior, Louis Vuichans, and Calvin Klein.
Fuzion was also a big winner for Fendi in the quarter, with sales of $1.4 billion.
The company said that Fuzions sales in the U.S. increased 8% to $3,871 million in the period, thanks to the sale of more Fendi clothing and shoes.
Fendis U.K. business rose to $1,077 million in Q2.
Fandango’s U.k. business fell to $935 million, down 7% from the same quarter last year.
The retailer is looking to return to growth this year with more retail stores opening, but it hasn’t made a lot of deals in recent years.
The luxury chain said last month that it had closed all of its existing stores in the United Kingdom and would begin selling in Ireland and the Republic of Ireland in 2019.
Fidas U.ks. sales fell 1% in Q1, compared with the same period last year, and it reported a net loss of $0.4 million for the period.