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Louis Vuitton may open US unit

Louis Vuitton may open a factory in the US. Manufacturing in the US may prove to be beneficial for Louis Vuitton, when considering that the US accounted for over a quarter of the world’s luxury goods market sales in 2016.

The LVMH-owned brand also has plans to open a new production center in France and expand its infrastructure in Portugal. By 2020, 70 per cent of the tanneries LVMH sources from will be Leather Working Group certified. The aim is to make that 100 per cent by 2025.

For the past year, Louis Vuitton has been using salpa, a type of reconstituted leather, to produce some of the models for its leather goods products, which enables it to avoid using real leather.

The group uses leather offcuts to reduce waste. The group is working on eliminating chemical substances that are not compliant with the LVMH restricted substance list by specifically targeting hexavalent chromium in its leathers. Exotic leathers, including crocodile leathers, are also the subject of particular attention. LVMH owns an exotic leather tannery and several crocodile farms.

LVMH sales increased five per cent in 2016 and sales exceeded expectations in the first quarter of 2017. Louis Vuitton, in particular, has the fashion world's attention, with close to 20 million Instagram followers.

 
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