Flash Report 4 minutesRegister for Free AccessLVMH Continues Digital Push, Invests in Fashion Search Platform Lyst Coresight Research May 31, 2018 Executive Summary LVMH has led an investment in global fashion search platform Lyst. Lyst did not disclose details of the funds raised, but sources claim that it is in the range of £50–£100 million. Lyst intends to use the fresh funds to expand into new regions and launch local language websites. It also aims to invest further in technology and develop its search algorithms. Bernard Arnault, Chairman and CEO of LVMH, had previously invested in Lyst through his family office. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Robotics in Retail—Part 2: Service Bots Automate and Upgrade the In-Store ExperienceHoliday 2024—Toys Are in Demand This Week: US Consumer Survey InsightsUS, UK, EU & China Quarterly Economic Update, 3Q23: Growth in the US, France and China as Possibility of German Recession LoomsInnovator Intelligence: Achieving Social and Live Commerce Success with Authentic, Interactive and Engaging Content
