LVMH’s Toni Belloni: “Values that seemed consolidated for luxury customers are now being called into question”

On the occasion of the inauguration of the new Thélios factory, dedicated to the manufacture of metal eyewear, on July 10 in Longarone, Veneto, the president of LVMH Italy, Antonio (Toni) Belloni talks to FashionNetwork.com about the projects and strategy of the number one luxury brand in the Peninsula, while also discussing the evolution of…

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OpenAI Closes Deal That Values Company at $300 Billion

OpenAI said on Monday that it had completed a $40 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just six months ago. The new fund-raising round, led by the Japanese conglomerate SoftBank, values OpenAI at $300 billion, making it one of the most valuable private companies in the world, along with the…

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