Latest news with #FootballWorldCup
Fashion Network
5 days ago
- Business
- Fashion Network
Louis Vuitton to open a new workshop in the US, announces Bernard Arnault
Leather goods manufacturer Louis Vuitton, the flagship brand of luxury giant LVMH, is aet to open a new workshop in the US "to meet demand", LVMH CEO Bernard Arnault said on Thursday. "Louis Vuitton already had a workshop in the US when I arrived at LVMH. Given the company's development in the United States, we opened a new one five years ago, and we plan to open another one to meet demand, again in Texas," said Arnault in an interview with Le Figaro. This new workshop will be near Dallas (Texas), where Louis Vuitton already has a workshop, inaugurated in 2019 in the presence of Donald Trump, and should be delivered in late 2026 or early 2027, a source close to the matter told AFP. LVMH, which generates 25% of its sales in the United States, already owns three Louis Vuitton workshops and four workshops for the American brand Tiffany on US territory. Bernard Arnault added: "For our American customers, buying a Louis Vuitton product made in the US is no problem at all." In May, his rival François-Henri Pinault, CEO of the Kering group, which owns Gucci, Yves Saint Laurent and Balenciaga, declared that "it wouldn't make sense to have Italian Gucci bags made in Texas." During the first round of negotiations on US tariffs in April, Bernard Arnault - who had a front-row seat at Donald Trump's inauguration four months earlier - estimated that if "we end up with high tariffs, (...) we'll have to increase our American production." A month later, he and his son Alexandre were received at the White House by Donald Trump, who described them as "very good friends" on the side-lines of the preparations for the 2026 Football World Cup.
Fashion Network
5 days ago
- Business
- Fashion Network
Louis Vuitton to open a new workshop in the US, announces Bernard Arnault
Leather goods manufacturer Louis Vuitton, the flagship brand of luxury giant LVMH, is aet to open a new workshop in the US "to meet demand", LVMH CEO Bernard Arnault said on Thursday. "Louis Vuitton already had a workshop in the US when I arrived at LVMH. Given the company's development in the United States, we opened a new one five years ago, and we plan to open another one to meet demand, again in Texas," said Arnault in an interview with Le Figaro. This new workshop will be near Dallas (Texas), where Louis Vuitton already has a workshop, inaugurated in 2019 in the presence of Donald Trump, and should be delivered in late 2026 or early 2027, a source close to the matter told AFP. LVMH, which generates 25% of its sales in the United States, already owns three Louis Vuitton workshops and four workshops for the American brand Tiffany on US territory. Bernard Arnault added: "For our American customers, buying a Louis Vuitton product made in the US is no problem at all." In May, his rival François-Henri Pinault, CEO of the Kering group, which owns Gucci, Yves Saint Laurent and Balenciaga, declared that "it wouldn't make sense to have Italian Gucci bags made in Texas." During the first round of negotiations on US tariffs in April, Bernard Arnault - who had a front-row seat at Donald Trump's inauguration four months earlier - estimated that if "we end up with high tariffs, (...) we'll have to increase our American production." A month later, he and his son Alexandre were received at the White House by Donald Trump, who described them as "very good friends" on the side-lines of the preparations for the 2026 Football World Cup. This article is an automatic translation. Click here to read the original article.
Fashion Network
5 days ago
- Business
- Fashion Network
Louis Vuitton to open a new workshop in the US, announces Bernard Arnault
Leather goods manufacturer Louis Vuitton, the flagship brand of luxury giant LVMH, is aet to open a new workshop in the US "to meet demand", LVMH CEO Bernard Arnault said on Thursday. "Louis Vuitton already had a workshop in the US when I arrived at LVMH. Given the company's development in the United States, we opened a new one five years ago, and we plan to open another one to meet demand, again in Texas," said Arnault in an interview with Le Figaro. This new workshop will be near Dallas (Texas), where Louis Vuitton already has a workshop, inaugurated in 2019 in the presence of Donald Trump, and should be delivered in late 2026 or early 2027, a source close to the matter told AFP. LVMH, which generates 25% of its sales in the United States, already owns three Louis Vuitton workshops and four workshops for the American brand Tiffany on US territory. Bernard Arnault added: "For our American customers, buying a Louis Vuitton product made in the US is no problem at all." In May, his rival François-Henri Pinault, CEO of the Kering group, which owns Gucci, Yves Saint Laurent and Balenciaga, declared that "it wouldn't make sense to have Italian Gucci bags made in Texas." During the first round of negotiations on US tariffs in April, Bernard Arnault - who had a front-row seat at Donald Trump's inauguration four months earlier - estimated that if "we end up with high tariffs, (...) we'll have to increase our American production." A month later, he and his son Alexandre were received at the White House by Donald Trump, who described them as "very good friends" on the side-lines of the preparations for the 2026 Football World Cup.
Fashion Network
5 days ago
- Business
- Fashion Network
Louis Vuitton to open a new workshop in the US, announces Bernard Arnault
Leather goods manufacturer Louis Vuitton, the flagship brand of luxury giant LVMH, is aet to open a new workshop in the US "to meet demand", LVMH CEO Bernard Arnault said on Thursday. "Louis Vuitton already had a workshop in the US when I arrived at LVMH. Given the company's development in the United States, we opened a new one five years ago, and we plan to open another one to meet demand, again in Texas," said Arnault in an interview with Le Figaro. This new workshop will be near Dallas (Texas), where Louis Vuitton already has a workshop, inaugurated in 2019 in the presence of Donald Trump, and should be delivered in late 2026 or early 2027, a source close to the matter told AFP. LVMH, which generates 25% of its sales in the United States, already owns three Louis Vuitton workshops and four workshops for the American brand Tiffany on US territory. Bernard Arnault added: "For our American customers, buying a Louis Vuitton product made in the US is no problem at all." In May, his rival François-Henri Pinault, CEO of the Kering group, which owns Gucci, Yves Saint Laurent and Balenciaga, declared that "it wouldn't make sense to have Italian Gucci bags made in Texas." During the first round of negotiations on US tariffs in April, Bernard Arnault - who had a front-row seat at Donald Trump's inauguration four months earlier - estimated that if "we end up with high tariffs, (...) we'll have to increase our American production." A month later, he and his son Alexandre were received at the White House by Donald Trump, who described them as "very good friends" on the side-lines of the preparations for the 2026 Football World Cup.
IOL News
11-07-2025
- Sport
- IOL News
Friday Challenge: Let's play 20 questions and see how much you know, or don't about our beautiful country
Test you knowledge with these 20 questions to broaden and deepen your general knowledge Questions: 1 Which South African Olympic swimmer went on the become the Princess of Monaco? 2 Where was the first Football World Cup played? 3 Who was first black captain of the Springboks? 4 Who is the teams' current captain? 5 Which star middle-distance athlete was recently found not to have violated world athletics rules? 6 How many months of the year end with 31 days? 7 What is the name of the national highway that stretches from Cape Town to Beitbridge? 8 What is the lowest denomination of currency currently in use in South Africa? 9 What is a guavadilla? 10 Which PSL team was know as 'the Swanky Boys' or Matsatsantsa a Pitori? 11 What came first: the chicken or the egg? 12 What is the capital of Lesotho? 13 What are the three most popular types of bunny chow? 14 Where is Putsonderwater? 15 Who is the editor of this newspaper? 16 What is a one-humped camel called? 17 Who was known as the 'Mother-of-the Nation'? 18 What is the fastest land animal? 19 Which precious mineral is South Africa the world's largest producer of? 20 Which famous South African golfer is know as the known as the 'Big Easy'?
