LVMH Plans 24 Italian Manufacturing Sites

20 November 2018

Italy is becoming increasingly important as a production hub for French luxury goods conglomerate LVMH. In March, they opened Europe’s largest jewellery manufacturing facility for Bulgari in Valenza, Piedmont, and they now have their sights set on Tuscany, where plans to enlarge the production facilities for Fendi and Céline are being put into place.

Between 2012 and 2016, LVMH invested £89 million a year in Italy, a figure which in 2017 rose to £133 million, and the trend isn’t looking like slowing down in the next few years.

As for the business forecast for 2018, the luxury giant, whose sales in the first nine months of this year grew by 14%, reaching £27 billion, is planning to "do a little better than in 2017".



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.