French Fashion Giant LVMH Named Partner For Paris 2024 Olympics
Portfolio Pulse from Shivani Kumaresan
French luxury fashion house LVMH-Moet Hennessy Louis Vuitton (OTC:LVMHF) (OTC:LVMUY) has become a premium partner for the Paris 2024 Olympic and Paralympic Games. The partnership will allow LVMH artisans to contribute their creativity to the organization of the games. LVMH's beauty brand Sephora will be a partner for the Olympic Torch Relay, and Moët Hennessy wines and spirits Maisons will provide their products as part of hospitality programs during the games.
July 25, 2023 | 10:24 am
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POSITIVE IMPACT
LVMH's partnership with the Paris 2024 Olympic and Paralympic Games could increase the company's global visibility and potentially boost sales.
The partnership with the Olympics will provide LVMH with a global platform to showcase its products and brands, potentially leading to increased sales. The company's involvement in designing the Olympic medals and providing products for hospitality programs could also enhance its reputation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
LVMH's partnership with the Paris 2024 Olympic and Paralympic Games could increase the company's global visibility and potentially boost sales.
The partnership with the Olympics will provide LVMH with a global platform to showcase its products and brands, potentially leading to increased sales. The company's involvement in designing the Olympic medals and providing products for hospitality programs could also enhance its reputation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100