The Best One Yet đ âLouis VuiTexasâ â LVMHâs Made in America fail. Dubai Chocolateâs virality. iExports > iPhones.
Apr 14, 2025
Louis Vuitton's Texas factory is struggling, highlighting issues in U.S. manufacturing. The discussion shifts to the viral success of Dubai chocolate, emphasizing the need for businesses to innovate and harness trends. A critique of Trump's trade deficit focus reveals the importance of America's service sector and information exports. Listeners also discover insights into daily fantasy sports and health benefits from collagen peptides. This lively exchange tackles significant trends shaping the economy today.
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Louis Vuitton's Texas Factory Struggles
- Louis Vuitton opened a Texas factory in 2019, aiming for 1,000 jobs making mid-range handbags.
- However, it's underperforming, with only 300 jobs and high defect rates, revealing challenges in reshoring manufacturing.
Jobs Aren't Commodities
- The factory's struggles highlight that jobs aren't commodities and can't be easily shifted between industries or locations.
- Building a skilled workforce takes time and investment, sometimes even generations.
Dubai Chocolate's Viral Success
- Due to rising cocoa prices, Sarah Hamouda created Dubai chocolate, a pistachio-chocolate bar, which went viral on TikTok.
- This led to major brands like Aldi, Lint, and Shake Shack launching their own versions 17 months later.