French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently acquired football team Paris FC, with compensation and other costs proving a sticking point in discussions,
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.
Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from 'equal weight'.
McCartney will continue to advise LVMH chief executive Bernard Arnault and the group's executive team on sustainability issues as a Global Ambassador on Sustainability, they said.
The IOC has committed to replacing them with others that will be "engraved identically to the originals," according to the Daily Mail. The competition at the Paris Olympics had not even ended when the first complaints about the quality of the medals arrived.
The designer of the medals at the Paris 2024 Olympics, LVMH, has spoken out after a number of athletes handed them back.
LVMH washed its hands of the faux pas, claiming this week that Chaumet merely designed the medals.
As the Paris Olympic medals are embroiled in controversy over discoloration and corrosion issues, criticism against French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) is intensifying. The Olympic medals,
Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday. The designer,
Stella McCartney has bought back the minority stake in her eponymous brand previously held by LVMH, the companies announced on Monday. "This new chapter for Stella McCartney reflects her desire to write a new page in her story independently,
As LVMH Watch Week 2025 wrapped up its New York edition, Hypebeast looks back to some of the most noteworthy watches from the event.