LVMH washed its hands of the faux pas, claiming this week that Chaumet merely designed the medals.

Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.

The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.

Novo Nordisk has faced a massive selloff in recent months amid disappointing drug trials and U.S. pressure to cut its prices.

As the Paris Olympic medals are embroiled in controversy over discoloration and corrosion issues, criticism against French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) is intensifying. The Olympic medals,

The rest of the top ten largest companies in Europe by market cap include ASML ( ASML ), SAP SE ( SAP ), Hermès International ( OTCPK:HESAY ), Roche Holding AG ( OTCQX:RHHBY ), Accenture plc ( ACN ), Nestlé S.A ( OTCPK:NSRGY ), AstraZeneca PLC ( AZN ), and Novartis AG ( NVS ).

The Swiss luxury watchmaker has released five new timepieces in the TAG Heuer Formula 1 collection – four chronographs and the TAG Heuer Formula 1 Chronograph x Oracle Red Bull Racing – establishing an iconic throwback as the first collection to bear the TAG Heuer name in 1986.

Tiffany & Co has just unveiled five new timepieces at LVMH Watch Week 2025, including two new interpretations of the stunning Bird on a Rock watch. Featuring diamond and rock tsavorite gemstones, the new Bird on a Rock novelties are sparkly, colourful and the perfect blend of high jewellery and watch making.

For his latest Vuitton collection, Pharrell Williams tapped his best bud Nigo to be co-creative director. And Bernard Arnault made it back from the Trump inauguration to see it.

Victor Wembanyama will take to the court in Paris on Thursday with the San Antonio Spurs in front of an adoring home crowd, having gone from the French league to global stardom. Since stepping foot back on French soil,