EMCC European Monitoring Centre on Change

LVMH

Company/Organisation:
LVMH

Geographic Location

Country: Italy

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
14 - Manufacture of wearing apparel
Group: LVMH

Employment Effects

Announcement Date: 22-11-2021
Type of Restructuring: Business expansion
Employment Effect Start: 01-12-2021
Foreseen End Date: 31-12-2024
Planned Job Creation: 2000

Additional Information

The French luxury brands holding LVMH announced a plan to hire around 2,000 workers in Italy by the end of 2024.   

The plan takes place under the group's Metiers d'Excellence programme, which has the goal of safeguarding skills in the sectors related to the production of luxury goods.

In Italy the group is present in various industrial districts with 30 production sites. The companies belonging to the group collaborate with over 5,000 suppliers and over 100,000 people employed in related industries.

 

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