LVMH, Kering, Hermès and Chanel turn their backs on Russia
LVMH, Kering, Hermès and Chanel have announced that they will temporarily close their shops and halt business operations in Russia.
LVMH
LVMH finally goes for NFTs with Kenzo
Although LVMH claimed not to be too attracted to the Metaverse and digital fashion, it is now launching its first NFTs with Kenzo.
LVMH has no plans to enter the Metaverse for the time being
As LVMH CEO Bernard Arnault has stated, entering the Metaverse is not one of his main objectives.
