THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
LVMH eying metaverse, but focus on “real products”, says CEO

LVMH’s latest earnings call briefly mentioned the “metaverse” and how the company is thinking about its gaming strategy. LVMH, the luxury goods conglomerate overseeing brands like… View Article

FASHION RETAIL NEWS UK

LVMH eying metaverse, but focus on “real products”, says CEO

LVMH’s latest earnings call briefly mentioned the “metaverse” and how the company is thinking about its gaming strategy.

LVMH, the luxury goods conglomerate overseeing brands like Christian Dior, Marc Jacobs, Tiffany & Co., and Louis Vuitton, is looking at the metaverse and blockchain gaming “very carefully,” said Jean Jacques Guiony, LVMH’s Chief Financial Officer, in the company’s latest earnings call.

Bernard Arnault, the head of luxury giant LVMH said on Thursday his business empire was eying expanding into the digital “metaverse”, but stressed that the company still wants to sell “real products”.

“We’re looking closely”, said Chief Executive Bernard Arnault, but added that he saw “no need to rush”.

Several companies under the LVMH umbrella have already begun experiments in crypto, NFTs, and gaming.

The group has 124 boutiques and 3,500 employees in the country.

Subscribe For Retail News