LVMH Moet Hennessy Louis Vuitton chair and CEO Bernard Arnault spoke on the main stage to present the LVMH Innovation Award, noting that the event was only started seven years ago but has since developed into one of the most important events in the tech world, attended by some of the most successful leaders.
The luxury goods giant's stock has increased 6.9% this month.
On January 11, it was announced that Delphine, the eldest child of Bernard Arnault, the richest man in the world, will become the new CEO of Christian Dior, LVMH's second-largest brand.
Leading French luxury goods company LVMH Moet Hennessy Louis Vuitton reported a 23% YoY increase in revenue for the fiscal year 2022, coming in at €79.2 billion (FY22).