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News briefs

Day’s wrap: Twitter, LVMH, Kering and L’Oréal

April 25, 2022

Kering has launched several programs to empower young talent. Image credit: Kering

 

Luxury Daily’s live news for April 22:

Elon Musk buys Twitter for $44B
Social media platform Twitter has confirmed that it will sell to entrepreneur and investor Elon Musk.


LVMH, Fendi tap research partners to develop biomaterials
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton is partnering with two educational institutions to develop new biotextiles.


Kering, French Ministry of Labor partner on workforce integration
French luxury group Kering is linking with the country’s Ministry of Labor to support vulnerable individuals in the job market.


L’Oréal Group makes $52M investment in circular innovation
French cosmetics group L’Oréal has launched an innovation fund as it aims to scale up circular economy solutions.


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