LVMH Unveils $500M Bio-Textile Push, Targets 30% Sustainable Materials by 2028
LVMH Commits $500 Million to Accelerate Sustainable Material Innovation Paris, France – LVMH Moët Hennessy Louis Vuitton, the world’s preeminent luxury conglomerate, announced a significant strategic investment on February 15, 2025, aimed at fundamentally transforming its material sourcing and production processes. The group revealed plans to allocate an impressive $500 million over the next three…
