May 24, 2018 · Louis Vuitton owner LVMH has invested in online fashion search business Lyst as the world’s biggest luxury brands look to expand their presence online and …
Born into an industrial family in France, Bernard Arnault began his career in engineering with a construction company, working his way up into management before later switching gears to fashion, becoming the majority shareholder of LVMH Moët Hennessy — aka Louis Vuitton. This led to his estimated net worth of $58.8 billion.
However, Highsnobiety's connections in the industry have come through with something who is louis vuitton owner far, far juicier: LVMH, the luxury conglomerate that owns Louis Vuitton, just bought Supreme for $500 million.
Luxury brand conglomerate LVMH, owner of the iconic Louis Vuitton label, is preparing to launch a blockchain for proving the authenticity of high-priced goods, CoinDesk has learned. Code-named AURA, the cryptographic provenance platform is expected to go live in May or June with Louis Vuitton and another LVMH brand, Parfums Christian Dior.
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