The Problem with Louis Vuitton’s Texas Factory
The scoop on the LOUIS VUITTON United States Texas Factory! Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US. Now we are waiting to see what happens as these new tariffs imposed from the US on the EU at 15% might make this Texas factory more lucrative for LVMH and the consumers.
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