French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.
By Tariq Panja and Liz Alderman Tariq Panja and Liz Alderman covered the business of the Paris Olympics, and the role of companies like LVMH. Rarely in Olympic history had a single company been as ...
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...
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