2018 highlights: a year of leadership and entrepreneurial spirit at LVMH
LVMH
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© Geoffroy Lasne / © LVMH / © Gabriel De La Chapelle
From the launch of the LVMH Maison des Startups at Station F – the world’s biggest incubator – to the third edition of Viva Technology, LVMH and its Maisons put leadership and entrepreneurial spirit at the heart of their growth throughout 2018. Join us for a look at some of the year’s highlights.
Launch of the LVMH Maison des Startups at Station F
Inspired by a continual quest for excellence, LVMH reaffirmed its intention to remain on the cusp of innovation in 2018 with the launch of an accelerator program at Station F, the world’s biggest startup campus. The Maison des Startups LVMH accelerates collaboration between entrepreneurs and the Group’s Maisons as they work together to invent the future of luxury with a cross-sector mindset. With 89 workstations and 220 square meters of space, the LVMH Maison des Startups LVMH welcomes 50 international startups each year whose solutions are relevant to the challenges of LVMH and its Maisons. The majority of the startups now in the program were identified at Viva Technology, especially after competing in the second edition of the LVMH Innovation Award.
Third edition of the LVMH Innovation Award during Viva Technology 2018
Through the LVMH Innovation Award, the Group shares its vision of leadership by supporting promising young companies. In 2018, the Viva Technology fair welcomed the third edition of this prize aimed at sharpening innovation within the luxury industry. With over 100,000 visitors avid to discover the latest innovations from 9,000 startups and hundreds of major businesses participating – including LVMH and 22 of its Maisons – the third edition of Viva Technology was a huge success. The LVMH Luxury Lab was packed throughout this three-day event at the heart of the digital transformation. In addition to welcoming French president Emmanuel Macron, it hosted conferences presenting the latest innovations from LVMH Maisons, as well as pitch sessions by the 30 startups shortlisted for the LVMH Innovation Award, won by French startup Oyst. For this third edition of Viva Technology, LVMH was the 12th most frequently mentioned name among those present thanks to the massive mobilization of its teams. LVMH climbed to No. 5 in the ranking of the show’s most influential partners.
DARE LVMH
Launched in 2017, DARE LVMH (Disrupt, Act, Risk to be an Entrepreneur) gives the Group’s co-workers the opportunity to express their vision of innovation and to turn it into concrete projects. Built on the success of its first two editions, the program had three highlights in 2018. In early March the initiative took a 100% feminine trip to Italy with DARE EllesVMH, applying open innovation and entrepreneurial spirit to ways to improve gender balance within the LVMH Group. In June, the program further expanded its international scope by choosing Shanghai – China’s luxury capital – as the venue to focus the collective intelligence of LVMH talents on reinventing the future of luxury. The event showcased the creativity of 60 Group managers from the Asia-Pacific region. And in early October, DARE LVMH headed to New York, where 12 teams of North American managers spent three days transforming their forward-thinking ideas into business plans to reinvent the future of luxury.