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LVMH backs growth of Hodinkee by taking part in $40M fundraising

Hodinkee sells a variety of exclusive watches as well as providing editorial content. Image credit: Hodinkee


French luxury conglomerate LVMH Moët Hennessy Louis Vuitton is one of a number of investors poised to reap the benefits of the rise of the watch platform Hodinkee, which succeeded in raising $40 million via a Series B funding round this week and tapped a new chief executive.