According to informed sources, Louis Vuitton, the LVMH’s fashion and accessories brands like may be employed this year as many as 700 leather manufacturing workers, in response to growing market demand. Additional products will be manufactured in production plants in France, where the responsible Vuitton70% over the production of leather products, will also have some products in Spain and California plant, disseminating information and those who do not want to disclose his identity.
Vuitton last year increased by 320 artisans, in the experience due to inventory shortages and making headquarters in Paris, an hour before the advent of the Christmas shut down 13 stores and shops of experience, they will be held next month in France Marsaz open a new factory. According to Sanford C. Bernstein analyst Luca Solca estimates, Neverfull bag manufacturers employ 4000-5000 leather workers. In short supply, LVMH hopes to “stabilizing” the capacity to improve Vuitton, Bernard Arnault, Chairman, said this month.
With the growth in demand for leather products, has Hermes20.2% of the shares in the after, LVMH and Hermes International also strive to Paris Birkin bag manufacturers to achieve a closer relationship. The world’s largest luxury goods maker Hermes does not want to be a passive investor, and can provide for the family business development strategy and operations with the help of support, Arnault said. LVMH and Hermes side is required to reduce the number of shares to its holding below 10%, which has a 174-year history of the family group leader in the February 17, said on Bloomberg News