LOUIS VUITTON BUILDING LEATHER GOODS FACTORY

PARIS — Louis Vuitton said Friday it was constructing a new leather goods factory in western France to satisfy demand for its successful signature Monogram Vernis line.
“Our accessories business, especially in Vernis bags, is booming,” said a spokesman for the company, adding that overall sales at Vuitton were up 50 percent for the first two months of 2000. Vuitton plans to disclose first-half figures within the next two weeks, he said.
Vuitton, part of the LVMH Moet Hennessy Louis Vuitton luxury goods conglomerate, said the new plant, in the town of Ducey, would be operational by January 2002 and employ 281 people.
“We expect the accessories business to keep growing, so the new factory was vital to supply demand,” added the spokesman.
Over the last 10 years, Vuitton has built two new factories, creating 550 jobs. Currently, the firm employs 6,700 people worldwide, including 2,900 in France.

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