U.S. Markets closed

LVMH’s Silicon-Valley-style startup incubator will foster innovation in luxury

Marc Bain
LVMH’s Silicon-Valley-style startup incubator will foster innovation in luxury

LVMH, the world’s largest luxury conglomerate, has unveiled a startup incubator, like the ones that have nurtured countless young companies in Silicon Valley—only this one is based in Paris, and its focus is specifically on technology for the luxury world. The program will support 50 international companies each year, LVMH said in its official announcement,…