Louis Vuitton’ factory inaugurated by President Trump.
President Trump along LVMH Chairman Bernard Arnault, Rimowa CEO Alexandre Arnault, Ivanka Trump, Labor Secretary Eugene Scalia, Commerce Secretary Wilbur Ross and others. Image from Business of Fashion
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Last week US President Donald Trump attended the opening ceremony of the Louis Vuitton handbag factory in Johnson County Texas.
The French Luxury House LVMH, has opened the factory and promised to create over 1000 jobs over the next five years, as part of a commitment made to the Trump Administration to create more manufacturing jobs in the US.
However, only hours after the inauguration LVMH is facing a boycott threat. Grab Your Wallet, a group that calls on shoppers to boycott businesses associated with the Trump family and administration has added LVMH brands to its list of companies to avoid. It’s unlikely that the boycott will have a massive effect on the luxury fashion house though. Louis Vuitton is expected to net €12 billion in sales this year.
President Trump invigde en Louis Vuitton fabrik i Texas, US i förra veckan. Det franska modehuset har lovat Trump Administrationen att bidra med över 1000 jobb under den närmaste femårsperioden.