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LVMH donates more than $5M to Ukraine aid efforts

LVMH has more than 150 employees in Ukraine. Image credit: LVMH

 

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has announced an emergency donation to aid efforts for Ukraine.

On March 2, the group announced it was donating 5 million euros, or $5.6 million at current exchange. LVMH stated it was closely monitoring the events in Ukraine and that the group stands with everyone severely affected by the war.