Restructuring events
European Restructuring Monitor (ERM)
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.
The world's number one luxury group LVMH has as announced the opening its third leather goods workshop at Saint-Pourçain-sur-Sioule (Allier) that will lead to recruit about 250 employees. The workshop will be opened end 2019 - beginning 2020, but recruitments have already started.
The building of the worshop began in April. A company restaurant is also being built, and a parking with 300 additional spaces . The company has been in contact with the Public employment service (Pôle emploi) for the past year, which 'supports Louis Vuitton in its recruitment for the positions of leather goods worker'. A dozen information meetings were organised in 2018, with 40 jobseekers invited each time. 230 people were evaluated via simulation test and 148 passed the skills tests. To date, 62 hires have been made. The integration on permanent contracts is provided after a 6-month fixed-term contract period.
The group Louis Vuitton has already announced, in February 2018, the recruitment of 200 employees at its site in La Merlatière (Vendée) and in March 2018, the recruitment of 250 employees at its site of Beaulieu-sur-Layon (Maine-et-Loire).
The Louis Vuitton brand employed 4,500 people in 2017 worldwide, including 3,500 in its French workshops.
Eurofound (2019), Soc des Ateliers Louis Vuitton, Business expansion in France, factsheet number 97667, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97667.