Jonny Fry Posted
Luxury Brand points to a more collaborative style of capitalism
Louis Vuitton Moet Hennessey (LVMH), which had a turnover of $46.8 billion in 2018,is the owner of luxury brands including the wine producer Chateau d’Yquem (which has been a vintner since 1593) and has officially announced a Blockchain-powered platform called Aura.
Aura is designed to enable luxury brands to be able to track materials that are used to manufacture items, through supply channels and production, to the shops where they are sold. It is also the intention to use Aura for some luxury brands for the trade of second-hand items such...
Louis Vuitton Moet Hennessey (LVMH), which had a turnover of $46.8 billion in 2018,is the owner of luxury brands including the wine producer Chateau d’Yquem (which has been a vintner since 1593) and has officially announced a Blockchain-powered platform called Aura.
Aura is designed to enable luxury brands to be able to track materials that are used to manufacture items, through supply channels and production, to the shops where they are sold. It is also the intention to use Aura for some luxury brands for the trade of second-hand items such...