Louis Vuitton Scales Up Manufacturing In France
The luxury group's sales, as well as those of its rivals Kering and Richemont, have risen dramatically as a result of rising demand for European fashion and accessories.
Related reading
LVMH, Luxury's Growth Champion
LVMH is a French luxury conglomerate that has grown through an aggressive acquisition strategy, transforming it into the largest luxury group
Luxury Brands Lose 50 Million Customers in Two Years
The luxury goods sector grapples with a significant decline in its customer base. Over the past two years, the industry has lost around 50 million customers, marking the first contraction in shopper numbers in decades.
Luxury Slows Down, Just A Bit
LVMH's sales report for the first quarter revealed that wealthy consumers in the United States are reducing their purchases of high-end fashion and leather goods.
Made In China 2025
Rolled out a decade ago, the plan was aimed squarely at transforming China from a low-cost assembly hub into a high-tech industrial powerhouse.