November 2025 — Week 4

LVMH Takes Majority Stake in Historic French Silk Mill to Preserve Jacquard Craft

LVMH has acquired a majority stake in a heritage silk weaving mill in France, moving to secure the future of one of the country's most exacting textile traditions. The deal underscores the luxury group's accelerating bid to protect artisanal supply chains at a time when rare skills and specialist looms are increasingly vulnerable to consolidation and decline.