LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes."
Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury goods group reported a smaller-than-expected drop in revenues.
The program will provide those selected with business-building bootcamp, one-on-one mentorship, monetary funding including grants, and a shot at pitching their company to industry experts, investors and Sephora leaders.
The cosmetics brand founded by singer and actress Selena Gomez is launching its first line of “thoughtfully formulated, thoroughly tested” products as a Sephora exclusive in the U.S., Canada and Mexico on Thursday.