8th arrondissement of Paris

Bambuser Wins 2021 LVMH Innovation Award

Retrieved on: 
Friday, June 18, 2021

PARIS, June 18, 2021 /PRNewswire/ -- On the third day of the 2021 Viva Technology show, taking place in Paris on June 16-19, LVMH Mot Hennessy Louis Vuitton (LVMH) revealed Bambuser as the winner of the 5th LVMH Innovation Award during a dedicated award ceremony.

Key Points: 
  • PARIS, June 18, 2021 /PRNewswire/ -- On the third day of the 2021 Viva Technology show, taking place in Paris on June 16-19, LVMH Mot Hennessy Louis Vuitton (LVMH) revealed Bambuser as the winner of the 5th LVMH Innovation Award during a dedicated award ceremony.
  • For five years now, the LVMH Innovation Award has been one of the highlights of the Viva Technology show, which has itself become a key event for the world's innovation ecosystem and is considered to be Europe's biggest startup and tech event.
  • For the 2021 Innovation Award, more than 850 entries were received from around the world.
  • We fuse luxury and technology together, and the finalists of the 2021 Innovation Award will bring us their capacity to nourish this encounter even more.

Bambuser to Present at VivaTech 2021 as part of the LVMH Innovation Award Program

Retrieved on: 
Monday, June 14, 2021

Hosted by LVMH Mot Hennessy Louis Vuitton (LVMH), Bambuser will present Live Video Shopping to event attendees as part of the luxury goods conglomerate's annual Innovation Award program.

Key Points: 
  • Hosted by LVMH Mot Hennessy Louis Vuitton (LVMH), Bambuser will present Live Video Shopping to event attendees as part of the luxury goods conglomerate's annual Innovation Award program.
  • LVMH, a founding partner of VivaTech, selected Bambuser as one of just 28 companies whose technologies represent the future of customer experiences.
  • Now in its fifth year, VivaTech brings together startups and major corporations, encouraging collaborations that drive digital transformation and innovation for the common good.
  • Reinforcing the company's commitment to innovation, LVMH will host Bambuser among the finalists for the annual Innovation Awards, a program that celebrates creative and best-in-class solutions to the challenges faced by the industry.

Bambuser to Present at VivaTech 2021 as part of the LVMH Innovation Award Program

Retrieved on: 
Monday, June 14, 2021

Hosted by LVMH Mot Hennessy Louis Vuitton (LVMH), Bambuser will present Live Video Shopping to event attendees as part of the luxury goods conglomerate's annual Innovation Award program.

Key Points: 
  • Hosted by LVMH Mot Hennessy Louis Vuitton (LVMH), Bambuser will present Live Video Shopping to event attendees as part of the luxury goods conglomerate's annual Innovation Award program.
  • LVMH, a founding partner of VivaTech, selected Bambuser as one of just 28 companies whose technologies represent the future of customer experiences.
  • Now in its fifth year, VivaTech brings together startups and major corporations, encouraging collaborations that drive digital transformation and innovation for the common good.
  • Reinforcing the company's commitment to innovation, LVMH will host Bambuser among the finalists for the annual Innovation Awards, a program that celebrates creative and best-in-class solutions to the challenges faced by the industry.

Replika Software Secures Series A Financing from LVMH Luxury Ventures and L'Oréal BOLD Ventures to Power the Future of Social Selling

Retrieved on: 
Wednesday, January 27, 2021

The funding will enable Replika to aggressively expand its global footprint of brands and industries which can significantly benefit from creating new social selling channels.

Key Points: 
  • The funding will enable Replika to aggressively expand its global footprint of brands and industries which can significantly benefit from creating new social selling channels.
  • Representatives from LVMH Luxury Ventures and L'Oral BOLD (Business Opportunities for L'Oral Development) will be a part of Replika's Board of Directors.
  • Kareen Mallet, Co-founder of Replika Software, said, "When we founded Replika, we envisioned a future where every brand would be able to benefit from the power of social selling.
  • Replika Software is an award-winning turnkey social selling software that enables brands to activate their network of social sellers to sell online, inspire on social media and connect with consumers anytime, anywhere.

Replika Software Secures Series A Financing from LVMH Luxury Ventures and L'Oréal BOLD Ventures to Power the Future of Social Selling

Retrieved on: 
Wednesday, January 27, 2021

The funding will enable Replika to aggressively expand its global footprint of brands and industries which can significantly benefit from creating new social selling channels.

Key Points: 
  • The funding will enable Replika to aggressively expand its global footprint of brands and industries which can significantly benefit from creating new social selling channels.
  • Representatives from LVMH Luxury Ventures and L'Oral BOLD (Business Opportunities for L'Oral Development) will be a part of Replika's Board of Directors.
  • Kareen Mallet, Co-founder of Replika Software, said, "When we founded Replika, we envisioned a future where every brand would be able to benefit from the power of social selling.
  • Replika Software is an award-winning turnkey social selling software that enables brands to activate their network of social sellers to sell online, inspire on social media and connect with consumers anytime, anywhere.

French Luxury Goods Company to Buy Out Tiffany

Retrieved on: 
Friday, November 6, 2020

LVMH, the owner of Louis Vuitton, Christian Dior, Fendi and many other luxury brands has arranged to buy New York's famed jeweller Tiffany, made famous by the film "Breakfast at Tiffany's."

Key Points: 
  • LVMH, the owner of Louis Vuitton, Christian Dior, Fendi and many other luxury brands has arranged to buy New York's famed jeweller Tiffany, made famous by the film "Breakfast at Tiffany's."
  • The deal seemed to be off last month, when the French government had pushed for a delay because of proposed US tariffs, but investors pushed for the deal to go through.
  • Tiffany has in recent years tried to counteract its waning popularity and the aging of its customer base by shifting to younger shoppers and pushing online sales.
  • To see the full article and a list of related reports on the market, visit "French Luxury Goods Company to Buy Out Tiffany"
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data.

LVMH Files Countersuit Against Tiffany Over $16 Billion Deal

Retrieved on: 
Friday, October 2, 2020

Louis Vuitton owner LVMH announced this week that it has filed a countersuit against Tiffany in an attempt to pull out of the planned $16.2 billion takeover that would have been the biggest ever in the luxury industry.

Key Points: 
  • Louis Vuitton owner LVMH announced this week that it has filed a countersuit against Tiffany in an attempt to pull out of the planned $16.2 billion takeover that would have been the biggest ever in the luxury industry.
  • In response, Tiffany immediately filed a lawsuit in the US to enforce the deal on agreed terms by the end of November, alleging that LVMH had failed to secure regulatory approval for the deal in Europe and refuting suggestions that Tiffany had breached its obligations under the takeover agreement.
  • The countersuit which was filed on Monday, argues that LVMH is entitled to pull out of the deal on the grounds that the coronavirus crisis has caused a material adverse effect on the company.
  • To see the full article and a list of related reports on the market, visit LVMH Files Countersuit Against Tiffany Over $16 Billion Deal"
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data.

Tiffany Responds to Baseless and Misleading Counterclaims Filed by LVMH

Retrieved on: 
Tuesday, September 29, 2020

Tiffany & Co. (NYSE: TIF) today responded to baseless and misleading counterclaims finally filed yesterday by LVMH Mot Hennessy-Louis Vuitton SE (LVMH) in Delaware Chancery Court -- 18 days after LVMH said it intended to assert claims.

Key Points: 
  • Tiffany & Co. (NYSE: TIF) today responded to baseless and misleading counterclaims finally filed yesterday by LVMH Mot Hennessy-Louis Vuitton SE (LVMH) in Delaware Chancery Court -- 18 days after LVMH said it intended to assert claims.
  • I want to thank the entire Tiffany team for their continued professionalism and dedication in the face of baseless accusations and misinformation.
  • Despite Tiffanys many requests, LVMH still has not provided Tiffany or the Court with a copy of the letter.
  • LVMH has still offered no support for its claim that Tiffany breached its obligation to conduct its business in the ordinary course.

Tiffany Welcomes Decision by Court of Chancery to Expedite Lawsuit Against LVMH

Retrieved on: 
Monday, September 21, 2020

Tiffany & Co. (NYSE: TIF) today welcomed the decision by the Delaware Chancery Court to grant Tiffanys motion to expedite its lawsuit against LVMH Mot Hennessy-Louis Vuitton SE (LVMH).

Key Points: 
  • Tiffany & Co. (NYSE: TIF) today welcomed the decision by the Delaware Chancery Court to grant Tiffanys motion to expedite its lawsuit against LVMH Mot Hennessy-Louis Vuitton SE (LVMH).
  • Tiffany has acted in good faith in full compliance with the Merger Agreement and will continue to do so.
  • Neither LVMH nor the French Foreign Minister has provided a copy of this letter to Tiffany despite formal written requests that such letter be provided.
  • LVMH has offered no support for its claim that Tiffany breached its obligation to operate in the ordinary course.

Tiffany Responds to LVMH’s Request to Delay Delaware Trial for "Six or Seven Months"‎

Retrieved on: 
Wednesday, September 16, 2020

Then, LVMH produced a non-binding advisory letter from a French government official that requests further delay in closing.

Key Points: 
  • Then, LVMH produced a non-binding advisory letter from a French government official that requests further delay in closing.
  • However, this letter does not change LVMHs obligations to close immediately upon receipt of the required regulatory approvals.
  • Tiffany has managed the business in a commercially reasonable way and in accordance with all requirements under the Merger Agreement.
  • However, Tiffany has provided regular updates to LVMH which will have the right to manage Tiffany following closing of the transaction.