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☆ Caitlin Clark wore a $17,000 Prada outfit to the WNBA draft. That's about 22% of her expected first-year salary.
▼ + stars: | 2024-04-16 | by ( Amanda Goh | ) www.businessinsider.com time to read: +4 min

Caitlin Clark showed up to the WNBA Draft dressed in Prada from head to toe. According to Business Insider's calculations, Clark's outfit costs $16,875 — or about 22% of her first-year WNBA salary. AdvertisementA close-up of the satin Prada outfit Clark wore to the WNBA Draft. A composite image of the Prada sunglasses and the patent leather Galleria bag that Clark wore to the WNBA draft. AdvertisementAccording to BI's calculations, Clark's Prada outfit totals up to $16,875 — or about 22% of her first-year salary in the WNBA.

Persons: Caitlin Clark, Prada, —, Clark, Sarah Stier, Prada's, Adri Zgirdea Toth, Marie Claire, Caitlin, Toth, Clark's Prada, Spotrac, Julia Marino, LVMH, Moët Hennessy Organizations: WNBA, Service, Prada, Indiana Fever ., GQ Sports, NBA, Iowa Hawkeyes, Nike, Gatorade, Olympics, Team USA, Linea, women's national football team Locations: Paris

☆ Brushed Gold Becomes the Finish of the Moment
▼ + stars: | 2024-03-05 | by ( Ming Liu | ) www.nytimes.com time to read: 1 min

Take a back seat, polished gold. Your shiny and reflective surface has been looking a bit too brash recently as the matte, low-key look of brushed gold has been catching everyone’s eye. At the high jewelry presentations in January in Paris, for example, Chaumet used brushed gold to great effect in Un Air de Chaumet, a collection that was an ode to lightness and movement. The Plumes d’or tiara featured a burst of brushed and textured rose gold feathers that alternated with diamond-set white gold ones, the contrast creating a play of light. The tiara could be transformed into a brooch or a head ornament, with an asymmetrically set 2.30-carat pear-shape diamond offering a figurative interpretation of a bird.

Locations: Paris

☆ Paris 2024 Olympic medals to feature iron from the Eiffel Tower
▼ + stars: | 2024-02-08 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —The medals at this year’s Olympics in Paris were not only inspired by the Eiffel Tower — they each contain an original piece of the 19th-century landmark. The design was overseen by French jeweler Chaumet, whose parent company LVMH signed a major sponsorship deal with Paris 2024 last summer. The Paralympics medal, meanwhile, is decorated with a graphical representation of the Eiffel Tower, as if viewed from below. From right: Tony Estanguet, president of the Paris 2024 Olympics organising committee on the Eiffel Tower with French cyclist Marie Patouillet, fencer Sara Balzer and athlete Arnaud Assoumani holding Olympic and Paralympic Games medals. In a statement announcing the designs, Paris 2024 President Tony Estanguet said the decision represented a “coming together” of the two events.

Persons: Chaumet, LVMH, Benoit Tessier Benoit Tessier, Clémentine Massonnat, Schaller, ” Massonnat, Tony Estanguet, Marie Patouillet, Sara Balzer, Arnaud Assoumani, Benoit Tessier, ”, Massonnat, Mathieu Lehanneur’s, Louis Vuitton, Moët Hennessy Organizations: CNN, Eiffel, Paris, Nike, Paralympic Games, Chaumet’s, Paralympic, Reuters, Olympic, Olympics, Dior Locations: Paris, Athens, French

By making history at the Games, Paris medalists will take a bit of France and its history home, too. The iron pieces embedded in the center of the Olympic medals each weigh 18 grams (about two-thirds of an ounce). We realized that there’s one symbol known across the world, which is the Eiffel Tower,” Roncin said. “We said to ourselves, ‘Hey, what if we approached the Eiffel Tower Operating Co. to see if it’s possible to get a bit of the Eiffel Tower to integrate into the medal?’”The company agreed, and “the dream became reality,” he said. They’ll come in a dark-blue box from Chaumet and a certificate from the Eiffel Tower Operating Co. that the iron pieces came from the monument.

Persons: Simone Biles, LeBron James, it’s, Gustave Eiffel’s, Joachim Roncin, ” Roncin, “, ”, Chaumet, didn’t Organizations: PARIS, Eiffel, Paris Games, Games, Paris, Operating, “, Nike, Paris Mint, Olympics Locations: London, Beijing, Athens, France, Paris, paris

☆ LVMH heir Antoine Arnault in spotlight after management shuffle
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Antoine Arnault, 46, is also in charge of image and environment at LVMH, and credited with negotiating a high-profile deal for the company to sponsor next summer's Paris Olympic Games. He will remain chairman of Berluti, which he has managed since 2012, as well as another LVMH fashion brand Loro Piana. Jean-Marc Mansvelt, CEO of historic jewellery label Chaumet, will become CEO of Berluti, while Charles Leung, CEO of jewellery label Fred, will become CEO of Chaumet. The group will seek a successor for Leung, who recently created buzz by introducing high-end jewellery featuring lab-created diamonds. Reporting by Mimosa Spencer; editing by Jason Neely and Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.

Persons: Antoine Arnault, Du, Bernard Arnault, Berluti, Maison, Toni Belloni, Jean, Marc Mansvelt, Charles Leung, Leung, Bernard Arnault's, Delphine Arnault, Dior, Mimosa Spencer, Jason Neely, Jane Merriman Organizations: LVMH, Olympic, Thomson Locations: Paris, PARIS, LVMH

☆ LVMH's Berluti to design Olympics opening ceremony uniforms for French teams
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

The new logo of Paris 2024 Olympics is seen on a pin during a ceremony in Paris, France, October 21, 2019. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsPARIS, Nov 16 (Reuters) - Luxury giant LVMH's (LVMH.PA) Berluti brand will design the summer Olympics and Paralympics opening ceremony uniforms for the French teams, boosting the profile of the upscale menswear label known for buffed leather shoes and tailored suits. Antoine is credited with negotiating LVMH's 150 million euros ($166 million) worth Olympics sponsorship deal initially announced in July. Paris, which has hosted two previous Olympics, will stage the summer Games after a 100 years. LVMH's sponsorship includes its top fashion brands Louis Vuitton and Dior, as well as Moet Hennessy champagne and spirits labels and jeweller Chaumet, which will design medals for the event.

Persons: Pascal, Antoine Arnault, Bernard Arnault, Antoine, Louis Vuitton, Moet Hennessy, Chaumet, Leon Marchand, Melanie de Jesus dos Santos, Enzo Lefort, Pauline Deroulede, Mimosa Spencer, Nivedita Organizations: REUTERS, Rights, Louis, Dior, Thomson Locations: Paris, France, Tokyo

☆ Paris 2024 Olympic and Paralympic torch unveiled by designer Mathieu Lehanneur
▼ + stars: | 2023-07-26 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Smooth, sleek and chic is the look for the next Olympic torch. “For Paris 2024, and for the first time in its history, (the torch) plays on perfect symmetry, speaking to us more clearly about equality,” he said in a statement. As simple as a hyphen and as fluid as a flame.”Chair of the Paris 2024 organizing committee Tony Estanguet (left) and designer Mathieu Lehanneur (right) pose with the latter's Olympic and Paralympic Torch. This is part of the organizing committee’s strategy to “build bridges between the Olympic and Paralympic Games,” Paris 2024’s president Tony Estanguet said in a statement. Mathieu Lehanneur holds aloft his design for the 2024 Paris Olympic and Paralympic Torch.

Persons: Mathieu Lehanneur, ”, “, Tony Estanguet, ’, Lehanneur, Louis Vuitton, Dior, Moët Hennessy Organizations: CNN, Games, Olympic, Paralympic Games, ”, Sydney Opera House, Museum of Modern Art, Pompidou Centre Paris, LVMH, Louis Locations: Paris, French, Russia, New York, Olympia, Greece, France

☆ LVMH strikes Paris Olympic Games sponsorship deal
▼ + stars: | 2023-07-24 | by ( ) www.reuters.com time to read: +2 min

PARIS, July 24 (Reuters) - Luxury giant LVMH (LVMH.PA) unveiled on Monday a deal to sponsor next year's Olympic Games in Paris with top fashion brands Louis Vuitton and Dior, Moet Hennessy champagne and spirits labels and jeweller Chaumet, which will design medals for the event. The group will also sponsor athletes, including French swimmer Leon Marchand, and its beauty retailer Sephora will sponsor the Olympic torch relay, LVMH said. Terms of the deal, which was negotiated by Antoine Arnault, one of the five children and heirs of LVMH Chairman and CEO Bernard Arnault, were not revealed. "The Games are an opportunity to make France shine," Antoine Arnault said as he made the official announcement. The run-up to an Olympic Games can become mired in global geo-politics and controversies over domestic matters can attract scrutiny, such as China's rights record ahead of the Beijing Games.

Persons: Louis Vuitton, Dior, Moet Hennessy, Chaumet, Leon Marchand, LVMH, Antoine Arnault, Bernard Arnault, Mimosa Spencer, Silvia Aloisi, Tomasz Janowski, Richard Lough Organizations: Louis, Olympic, Beijing Games, HK, Toyota, Thomson Locations: Paris, France, Belarus

☆ LVMH to buy French jewellery producer Platinum Invest to ramp up Tiffany production
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +1 min

PARIS, April 14 (Reuters) - LVMH (LVMH.PA), the world's largest luxury goods group, has agreed to buy a majority stake in Platinum Invest Group, the owner of French jewellery producers Orest and Abysse, with an eye to bulking up production for its U.S. jeweller Tiffany. With the purchase of the company, which runs five workshops in eastern France and employs 800 people, Tiffany will accelerate production of fine and high end jewellery, the companies said in a statement. Platinum Invest will also continue to produce jewellery for existing clients outside of LVMH as well as other labels in the luxury group, which also owns high end jewellery brands Bulgari and Chaumet. Riding a wave of post-pandemic demand for high end goods, European luxury groups have been tightening their hold on supply chains. Financial terms of the deal to purchase Platinum Invest from private equity firm Andera Partners and French public investment bank BPIfrance were not provided.

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