LVMH Unveils Its Future Maison des Métiers d’Excellence Supporting Long-Term Talent Ecosystem

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LVMH Unveils Its Future Maison des Métiers d’Excellence Supporting Long-Term Talent Ecosystem

LVMH announced plans today to create a 21,500 square feet dedicated space for LVMH-associated craftsmanship in Paris' eighth arrondissement.  Conceived as a holistic hub of LVMH craftsmanship, the home for aspiring artisans will serve as a physical home for LVMH’s Institut des Métiers d’Excellence, the vocational training program founded in 2014.

Alexandre Boquel, Head of Development for LVMH’s Métiers d’Excellence, asserts that through this new Parisian venture, LVMH plans to hire 22,000 specialized craftspeople by the end of 2025, including 8,000 in France.

Chantal Gaemperle, LVMH's Executive Vice President of Human Resources/Synergies, conveyed to WWD: “The pandemic has fueled people’s need to find meaning and make something that they can understand and touch. There’s a desire to have a concrete impact and be together.”

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LVMH Buys 50% of Jay-Z's Champagne Brand As Bernard Arnault Nods To Black Culture's Financial Influence

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LVMH Buys 50% of Jay-Z's Champagne Brand As Bernard Arnault Nods To Black Culture's Financial Influence

Jay-Z appears to be having the last laugh in the Champagne wars, selling a 50 percent stake in Armand de Brignac to LVMH Moët Hennessy Louis Vuitton. Jay-Z’s Ace of Spades joins the luxury brand’s other prestige labels including Dom Pérignon, Moët & Chandon, Ruinart, Krug and Veuve Clicquot. Both parties must agree to major decisions for the company.

Most important, the partnership cements the luxury company’s ties with the entertainment industry and also to the growing embrace of the Black Lives Matter movement by progressives of every ethnic background and skin color. AOC has long lived in this atmosphere, but something very major is happening around us.

This last statement is AOC’s opinion and not that of the business media. To us, Bernard Arnault’s instinctual insights about the increasing dominance and overall influence of Black culture are obvious — and impressive.

Just last week Arnaud indirectly took a significant financial position in Savage X Fenty via L Catterton. This decision came as Rihanna and LVMH agreed to put the Fenty designer label on hold for the time-being.

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