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: Trends and Predictions for 2025 with Updates from CES and NRF: Premium Subscriber Call, January 2025Financial Optimism Falls to Lowest Recorded Level: China Consumer Survey InsightsEarnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report DeclinesThree Data Points We’re Watching This Week, Week 6: US Consumer and Retail Focus
