The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Wholesale / Retail 46 - Wholesale trade 46.1 - Wholesale on a fee or contract basis 46.16 - Activities of agents involved in the wholesale of textiles, clothing, fur, footwear and leather goods
500 jobs Number of planned job creations
Announcement Date
12 September 2022
Employment effect (start)
12 September 2022
Foreseen end date
31 December 2022
Description
Louis Vuitton, part of the LVMH group, is a French company specialising in fashion accessories, leather goods and pocket watches has decided to invest in Italy, opening a 10,000 square metre atelier in Civitanova Marche (in the province of Macerata). The investment is expected to result in the hiring of 500 employees.
The new atelier will specialise in the production of men's and women's mainly sports shoes. The structure will be designed with zero environmental impact, made of wood, glass and steel.
Eurofound (2022), Louis Vuitton, Business expansion in Italy, factsheet number 107396, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107396.