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Louis Vuitton Blends Products and Politics at Workshop Opening – BNN

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(Bloomberg) — Opening a new workshop in rural France isn’t typically a headline-grabbing event. Unless the country’s richest man is the host.

Bernard Arnault showed up in Loire region with an A-list entourage that included French Finance Minister Bruno Le Maire as well as his 27-year old son Frederic, who heads the TAG Heuer watch business. A throng of 70 visitors toured the two facilities, where Louis Vuitton will be making a variety of bags and eventually create 400 jobs.

The event highlighted how the chairman of LVMH can command the attention of France’s political elite by touting his company’s Made-in-France credentials. Louis Vuitton is a marquee industry for France, for which luxury fashion is a cornerstone of its economic and cultural heritage.

The new facilities are situated in the towns of Azé as well as Vendôme, where the site occupies an 11th century abbey that was renovated at a cost of about 20 million euros ($22.7 million). The additional venues will help alleviate a supply crunch that’s reverberating across the industry as well-heeled shoppers clamor for handbags, belts and other high-end leather goods. 

Just last week, arch-rival Hermes International said it wasn’t able to meet demand for its leather products that include the Birkin bags. Hermes plans to add three manufacturing sites in France through 2024.

There’s an “auspicious” economic environment in France, which is the most attractive in Europe for foreign investments, Arnault said. “Our craftswomen often manufacture products that have wait lists.”

Earlier this month, a group of workers at three Louis Vuitton manufacturing sites staged walkouts amid a dispute over working hours. Louis Vuitton settled on labor framework last week that reduces working time per week by 2 hours to 33 hours as well as an average wage increase of 7%, or about 150 euros ($170) a month, a representative for the brand said.

Workers at Louis Vuitton “are among the best-paid,” which keeps them loyal, Arnault said at today’s event.

Last month, President Emmanuel Macron and his wife Brigitte — who is known to favor Louis Vuitton clothing — inaugurated 19M, a craftsmanship center located in the north of Paris, operated by Chanel. The center includes about 600 workers, a third of which were recruited last year, and features techniques such as embroidery, textile-folding and incorporating feathers into haute couture garments.

©2022 Bloomberg L.P.

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Quebec consumer rights bill to regulate how merchants can ask for tips

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Quebec wants to curb excessive tipping.

Simon Jolin-Barrette, minister responsible for consumer protection, has tabled a bill to force merchants to calculate tips based on the price before tax.

That means on a restaurant bill of $100, suggested tips would be calculated based on $100, not on $114.98 after provincial and federal sales taxes are added.

The bill would also increase the rebate offered to consumers when the price of an item at the cash register is higher than the shelf price, to $15 from $10.

And it would force grocery stores offering a discounted price for several items to clearly list the unit price as well.

Businesses would also have to indicate whether taxes will be added to the price of food products.

This report by The Canadian Press was first published Sept. 12, 2024.

The Canadian Press. All rights reserved.

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Youri Chassin quits CAQ to sit as Independent, second member to leave this month

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Quebec legislature member Youri Chassin has announced he’s leaving the Coalition Avenir Québec government to sit as an Independent.

He announced the decision shortly after writing an open letter criticizing Premier François Legault’s government for abandoning its principles of smaller government.

In the letter published in Le Journal de Montréal and Le Journal de Québec, Chassin accused the party of falling back on what he called the old formula of throwing money at problems instead of looking to do things differently.

Chassin says public services are more fragile than ever, despite rising spending that pushed the province to a record $11-billion deficit projected in the last budget.

He is the second CAQ member to leave the party in a little more than one week, after economy and energy minister Pierre Fitzgibbon announced Sept. 4 he would leave because he lost motivation to do his job.

Chassin says he has no intention of joining another party and will instead sit as an Independent until the end of his term.

He has represented the Saint-Jérôme riding since the CAQ rose to power in 2018, but has not served in cabinet.

This report by The Canadian Press was first published Sept. 12, 2024.

The Canadian Press. All rights reserved.

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‘I’m not going to listen to you’: Singh responds to Poilievre’s vote challenge

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MONTREAL – NDP Leader Jagmeet Singh says he will not be taking advice from Pierre Poilievre after the Conservative leader challenged him to bring down government.

“I say directly to Pierre Poilievre: I’m not going to listen to you,” said Singh on Wednesday, accusing Poilievre of wanting to take away dental-care coverage from Canadians, among other things.

“I’m not going to listen to your advice. You want to destroy people’s lives, I want to build up a brighter future.”

Earlier in the day, Poilievre challenged Singh to commit to voting non-confidence in the government, saying his party will force a vote in the House of Commons “at the earliest possibly opportunity.”

“I’m asking Jagmeet Singh and the NDP to commit unequivocally before Monday’s byelections: will they vote non-confidence to bring down the costly coalition and trigger a carbon tax election, or will Jagmeet Singh sell out Canadians again?” Poilievre said.

“It’s put up or shut up time for the NDP.”

While Singh rejected the idea he would ever listen to Poilievre, he did not say how the NDP would vote on a non-confidence motion.

“I’ve said on any vote, we’re going to look at the vote and we’ll make our decision. I’m not going to say our decision ahead of time,” he said.

Singh’s top adviser said on Tuesday the NDP leader is not particularly eager to trigger an election, even as the Conservatives challenge him to do just that.

Anne McGrath, Singh’s principal secretary, says there will be more volatility in Parliament and the odds of an early election have risen.

“I don’t think he is anxious to launch one, or chomping at the bit to have one, but it can happen,” she said in an interview.

New Democrat MPs are in a second day of meetings in Montreal as they nail down a plan for how to navigate the minority Parliament this fall.

The caucus retreat comes one week after Singh announced the party has left the supply-and-confidence agreement with the governing Liberals.

It’s also taking place in the very city where New Democrats are hoping to pick up a seat on Monday, when voters go to the polls in Montreal’s LaSalle—Émard—Verdun. A second byelection is being held that day in the Winnipeg riding of Elmwood—Transcona, where the NDP is hoping to hold onto a seat the Conservatives are also vying for.

While New Democrats are seeking to distance themselves from the Liberals, they don’t appear ready to trigger a general election.

Singh signalled on Tuesday that he will have more to say Wednesday about the party’s strategy for the upcoming sitting.

He is hoping to convince Canadians that his party can defeat the federal Conservatives, who have been riding high in the polls over the last year.

Singh has attacked Poilievre as someone who would bring back Harper-style cuts to programs that Canadians rely on, including the national dental-care program that was part of the supply-and-confidence agreement.

The Canadian Press has asked Poilievre’s office whether the Conservative leader intends to keep the program in place, if he forms government after the next election.

With the return of Parliament just days away, the NDP is also keeping in mind how other parties will look to capitalize on the new makeup of the House of Commons.

The Bloc Québécois has already indicated that it’s written up a list of demands for the Liberals in exchange for support on votes.

The next federal election must take place by October 2025 at the latest.

This report by The Canadian Press was first published Sept. 11, 2024.

The Canadian Press. All rights reserved.

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