French luxury fashion house LVMH-Moet Hennessy Louis Vuitton (OTC: LVMHF) (OTC: LVMUY) has become a Premium Partner The Paris 2024 Olympic and Paralympic Games are set to start in exactly one year.
This partnership will allow the artisans of the LVMH Group to bring their creativity, knowledge and sense of the French art de vivre in the staging of a high level sporting festival.
Paris 2024 will entrust several key roles to the craftsmen of LVMH, including the design of Olympic and Paralympic medals by the Parisian jeweler Chaumet.
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Wines and spirits from Maison Moët Hennessy will offer their products as part of their hospitality programs during the Olympic Games.
LVMH’s own beauty brand, Sephora, will partner with Olympic Torch Relay, to offer refreshments to the crowd along the route of the relay.
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“This unprecedented partnership with the Olympic and Paralympic Games Paris 2024 will contribute to France’s global appeal,” said Bernard Arnault, Chairman and CEO.
price actionLVMHF stock closed down 1.42% at $953.75 Monday.
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