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Thailand Invites LVMH and Kering for Partnership in Fashion Industry Expansion

Today (March 11, 2024) at 9:00 a.m. (Paris local time) at the Dior store, Avenue Montaigne branch, the location where the Christian Dior clothing house was founded in 2849 (1946), Mr. Bernard Arnault, Chairman and CEO of LVMH Group. who is an important person in the world in the fashion and luxury goods industry, met and discussed with Mr. Settha Thavisin, Prime Minister and Minister of Finance

The Prime Minister emphasized that Thailand is now open for investment. and moving forward to become a world-class industrial center Driving the economy towards higher growth and sustainability in key sectors. The government places importance on building global competitiveness, creating soft power and the creative economy. Thailand is proud of its long heritage of craftsmanship, such as Thai silk and jewelry that are famous all over the world for their uniqueness. and has complex techniques

The Prime Minister is confident that this unique craft and ancient local wisdom will be of mutual benefit to both sides. Therefore, I would like to invite the LVMH Group to join Thailand in using modern technology to strengthen techniques and develop Thai fabrics to better respond to the needs of the international market. Thailand is ready to welcome designers and creative teams from LVMH to discuss possible cooperation with relevant Thai agencies.

After that, at 10:00 a.m. (local Paris time) at the Chaillot room, 1st floor, PrincedeGalles Hotel, Mr. Jean-Marc Duplaix, Deputy CEO of Kering Company, a company operating in the business of fashion and luxury products. The 4th largest company in the world met with Mr. Settha Thavisin, Prime Minister and Minister of Finance. They discussed issues to expand cooperation.

The Prime Minister said The company is very popular in Thailand, such as Gucci and Bottega, which are considered to be the top sellers in Thailand. The Prime Minister said that next year there will be It’s a big year for Thai tourism. If the company considers opening additional branches It will be a huge opportunity for Thai customers and foreign tourists.

The company is pleased to acknowledge this. and said admiringly Thai customers are quality customers. And thank you for Thailand’s interest. The company is interested in collaborating with Thailand in increasing the quantity of products sold in Thailand and the Luxury Cruise business.

In addition, the Prime Minister said that the government aims to promote Thailand as a global industrial center. Driving the national economy towards higher growth and sustainability in various important sectors while strengthening competitiveness. Accelerating the creation of a creative economy. The Prime Minister invited Kering Company to cooperate with Thailand to open a Regional Office in Thailand. The Thai government will resolve trade barriers such as tax measures and pirated products. and facilitation of doing business (Ease of doing business)

2024-03-11 11:27:00
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