LVMH Moet Hennessy Louis Vuitton is the textiles company most prolific at making international expansions, followed by Zalando and Kering. GlobalData’s textiles foreign direct investment (FDI) company report highlights the current foreign investments made by leading textiles investors. Buy the report here.
LVMH Moet Hennessy Louis Vuitton has been the most active textiles greenfield investor between Q1 2019 and Q3 2023, according to GlobalData’s FDI Projects Database.
Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.
The majority of LVMH Moet Hennessy Louis Vuitton investments were in the leather goods subsector. In fact, 44.4% of its total foreign investments were in this subsector. It also created projects across a further 9 subsectors.
By business function, most (55.6%) of LVMH Moet Hennessy Louis Vuitton projects were related to manufacturing. Sales, administration & marketing and Headquarters were the next most popular operations undertaken by LVMH Moet Hennessy Louis Vuitton.
The company has been active across four world regions, mainly focused on Western Europe which received 48.1% of the company’s greenfield investments between Q1 2019 and Q3 2023. Its top three destination countries (by number of greenfield FDI projects) were Italy, the US and Spain. Combined these three countries account for 100% of its total number of textiles investments.
LVMH Moet Hennessy Louis Vuitton created more FDI projects in 2019 compared to any other year between Q1 2019 and Q3 2023.
The US is the leading source market for outbound textiles greenfield FDI projects. The country accounts for 14.6% of total outbound textiles investment projects. There have been 76 unique parent companies from the US that have announced textiles FDI projects between between Q1 2019 and Q3 2023.
To further understand the top textiles FDI companies, access GlobalData’s Top textiles Foreign Direct Investment Companies report.