Louis Vuitton eyes US expansion: CEO Bernard Arnault announces second Texas factory; hopes for good results from US-EU trade talks
Friday, 25 July 2025 () LVMH, grappling with declining sales and consumer fatigue, plans a second Texas factory amid US-Europe trade tensions. CEO Bernard Arnault advocates for trade agreements while the company navigates challenges in its fashion and leather goods division. Despite a sales drop, LVMH sees potential in its brands and a revival in China, facing competition from mass-market players.
U.S. President Donald Trump has revealed that his special envoy, Steve Witkoff, may visit Russia on August 6 or 7 — just one or two days before the ceasefire deadline he has set for Moscow. If Russia..
U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s..
Friday, 25 July 2025 ()
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