President Donald Trump yesterday attended the ribbon-cutting ceremony of a new $50-million leather workshop opened by French luxury label Louis Vuitton in Texas’ Johnson county. Trump, joined by daughter Ivanka and her husband Jared Kushner, toured the plant in Alvarado and spoke with workers. The facility employs 150 with an annual payroll of $26 million.
LVMH Moet Hennessy Louis Vuitton chairman Bernard Arnault was one of many top executives invited by Trump to the White House after he took office in 2017 and made creating manufacturing jobs a priority.President Donald Trump yesterday attended the ribbon-cutting ceremony of a new $50-million leather workshop opened by French luxury label Louis Vuitton in Texas' Johnson county. Trump, joined by daughter Ivanka and her husband Jared Kushner, toured the plant in Alvarado and spoke with workers. The facility employs 150 with an annual payroll of $26 million.#
The United States comprised a quarter of the company’s global business last year, i.e., worth more than $10 billion. Louis Vuitton signed the president’s ‘pledge to America’s workers’ earlier this month. Arnault said the quality of the work in Texas is at the same level as in Europe, according to US media reports.
Louis Vuitton chairman and chief executive officer Michael Burke said the company’s designer goods have been made in the United States since the 1950s.
The company is planning to build a second workshop in the next three to five years based on how the market progresses. It plans to eventually employ 1,000 people in Johnson county.
Fibre2Fashion News Desk (DS)
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