Louis Vuitton, part of LVMH, plans to ramp up production in France, the group's boss Bernard Arnault
"We are at the end – I hope - of an economic crisis, I hope a geopolitical crisis won't reach us - but we've managed to get through this crisis in a stronger position," said Arnault, outlining plans to add new sites before the end of the year, bringing the label's total to 20 in France.
FILE PHOTO - A handbag manufactured at the Atelier Louis Vuitton is pictured during the inauguration in Vendome, France, February 22, 2022. REUTERS/Benoit Tessier Burke said Louis Vuitton has been selling "more trunks than any year in the 19th century," citing "extraordinary growth" in the sales of the label's historic product to Americans, Chinese and Koreans.