Leather goods: a new factory (in France) for the Belgians of Delvaux. “We need to double production”

The brand is Belgian, the (new) factory in France. Delvaux, historic leather goods brand founded in Brussels in 1829, announced the start of a new production site in Avoudrey, in the French region of Burgundy-Franche Compte. The reason? Very simple: “We need to double our production capacity in order to satisfy the demand”. Delvaux already has two factories: one in Brussels and one in France, in Bourg-Argental. For the new factory the opening is planned for next October, while it has already started the training project for around 100 employees. Delvaux, which in 2017 had a turnover of over 100 million euros, is owned by FHB, whose majority lies in the hands of Fung, a Hong Kong-based family associated with the sovereign fund Singapore Temasek.


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