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Luxury giant LVMH announces plans for a second Texas factory as tariff talks heat up

CEO Bernard Arnault appeals to European leaders to reach trade deal
Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, pictured here from 2024, is pressing European leaders to reach a trade deal with the U.S. (Getty Images)
Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, pictured here from 2024, is pressing European leaders to reach a trade deal with the U.S. (Getty Images)

French luxury giant LVMH CEO Bernard Arnault said he plans to open a second factory in Texas as he presses European leaders to reach a trade deal with the United States.

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