PARIS — LVMH Moët Hennessy Louis Vuitton said it was confident in the outcome of an investigation by France’s stock market regulator AMF into its purchase of Hermès stock after the head of the authority said he planned to refer the inquiry to its sanctions commission early next year.
“The procedure is running its normal course and this is no way affects the final decision. LVMH has expressed its confidence in the outcome of this procedure,” said a spokesman for LVMH.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"