What Happens If LVMH Can't Hire More Artisans

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LVMH is open to the public . . . with employment opportunities. It recently held its third “You AND ME” event to recruit young people. According to WWD three thousand prospects showed up for this recruitment roadshow at the Carreau du Temple in Paris. Efforts to recruit interest included metro advertising and posts by social media influencers.

Image courtesy: LVMH.com

The 75 luxury brand conglomerate is trying to recruit 22,000 new employees by the end of 2025. The recent job fair involved 3500 positions, and repeat events will continue the effort.

As we previously wrote, in an attempt to help alleviate the anticipated worker shortage, LVMH has partnered with schools in the United States to train artisans, primarily in jewelry. These types of apprentice programs are less common stateside but could answer the call of those advocating for such paths to employment.

Read: Facing Staffing Shortage, LVMH Plans Training Programs in United States

The question that cannot be ignored is, what happens if LVMH and its 75 luxury Maisons, and other brands, cannot hire the necessary employees? Consumers have been unhappily dealing with product shortages for years, particularly during the height of the COVID 19 pandemic. Many believe the limited supply is brand-generated, to create an air of exclusivity and difficulty of attainment, with patience perhaps wearing thin.

Even the shopping experience in many boutiques has been hampered by a lack of staffing, leading to impatient and disgruntled customers. After all, waiting and standing in line is antithetical to the concept of luxury.

On the other hand, maybe the way to find these artisans is to increase their pay. That of course means that prices will rise. Are you willing to pay more? And just how much more? Let us know.

 

 

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