President Trump and Bernard Arnault to Open New Louis Vuitton Factory in Jefferson County Texas

TRUMP AND ARNAULT: Bernard Arnault, chairman and chief executive officer of Louis Vuitton Moët Hennessy, has lined up a power group for Thursday’s opening of the Louis Vuitton Rochambeau Ranch in Johnson County, Tex. — none other than President Trump, as well as first daughter Ivanka Trump and Texas state officials. Arnault will also be joined at the event by other LVMH senior executives, including Louis Vuitton’s chairman and ceo Michael Burke.
Billed as the luxury house’s newest leather goods “workshop,” the facility is meant to reflect LVMH’s commitment to bring new jobs to the U.S., according to press material provided by the company Sunday. The plan is to create 1,000 jobs in the next five years at the facility near Keene, Tex. By doing so, Louis Vuitton is making good on its support of the Pledge to America’s Workers, the educational training program that was launched last year. Apple, FedEx and Boeing are among the companies that have signed up with the aim being to create six million training opportunities

In January 2017, Armault discussed the prospect of moving more factory jobs — among other subjects — to the U.S. with then-President-elect Trump at Trump Tower in New York. His son Alexandre

Follow WWD on Twitter or become a fan on Facebook.

Read More…