Meghan Markle’s wedding dress was marvelous says Givenchy-owner LVMH

Alexi Lubomirski | The Royal Family

The official wedding family photo of the royal family from the wedding of Prince Harry and Duchess of Sussex, Meghan Markle.

Arnault clashed with rival Francois-Henri Pinault, who runs French luxury group Kering, at the turn of the millennium. Both were bidding for ownership of Gucci, with Pinault winning the battle, but it is the LVMH-owned Louis Vuitton label that is the world’s largest luxury brand by revenues.

Luxury groups, like many companies, want to make sure they are using cutting-edge technology to reach shoppers. LVMH is running an innovation award program at Viva Tech, with the winner given the chance to meet with personnel at the luxury group. It also led the latest funding round for fashion search engine and data company Lyst, it was announced Thursday, according to an emailed statement.

– CNBC’s Sarah Berger contributed to this article.