May 6, 2024
French protesters storm headquarters of luxury giant LVMH | CNN

French protesters storm headquarters of luxury giant LVMH | CNN


Paris
CNN
 — 

Protesters forced their way into the Paris headquarters of luxury giant LVMH, as France saw a fresh round of demonstrations over government plans to raise the retirement age from 62 to 64.

“If Macron wants to find money to finance the pension system, he should come here to find it,” Fabien Villedieu, a union leader, told CNN affiliate BFMTV outside the LVMH building.

The protests came on the day shares in LVMH – which owns brands such as Louis Vuitton and Moët – jumped to a record high.

Paris police chief Laurent Nunez warned in advance that protesters might “hit out, often against what they see as capitalist signs,” speaking on French radio RMC.

Up to 600,000 people are expected to take to the streets across France on Thursday against the pension reforms in the latest protests, which come a day before a crucial court ruling on the constitutionality of the divisive law.

Striking railway workers invade French luxury group LVMH's headquarters on Thursday in Paris.

France’s President Emmanuel Macron argues reforms are essential to rein in public finances, and has been standing firm, this week saying “the country must continue to move forward.”

Speaking at an incinerator picket line near Paris on Thursday morning, Sophie Binet, the new head of the GGT, one of France’s main unions, insisted: “As long as the pension reform is not withdrawn, the mobilization will continue one way or another.”

Paris Mayor Anne Hidalgo voiced her support for the demonstrators before the new round of protests.

“On the eve of the decision of the constitutional council, I am once again supporting the mobilisations in Paris and everywhere in France,” Hidalgo tweeted.

“This reform is unjust and violent. The French have been asking for it to be withdrawn for months, the government has to hear them,” she wrote.

Protestors gain entry inside the LVMH headquarters during a demonstration against pension reform in central Paris.

Friday’s ruling will be decisive on whether the protests will continue. The CFDT, France’s other main union, has been more amenable to a negotiated settlement.

Garbage is meanwhile also set to fill the streets of Paris once more as collectors and incinerator workers are on strike again, according to the CGT union.

This will be a rolling strike, the general secretary of the CGT union branch confirmed in a letter to the Paris mayor.

The previous near month-long strike, up until the end of March, had seen 10,000 tonnes of rubbish piled up across the capital at its worst.

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