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LVMH’s Innovation Awards Focus on Traceability, AI Discovery and Training Tools
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LVMH’s Innovation Awards Focus on Traceability, AI Discovery and Training Tools

Yahoo Finance · Jun 17, 2026, 10:00 AM

Key takeaways

  • But now thanks to AI, we are able to kill part of the bureaucracy.”
  • Stocks Rally on U.S.-Iran Deal to Open the Strait of Hormuz
  • Bernard Arnault Pays Tribute to David Hockney

LVMH’s Innovation Awards Focus on Traceability, AI Discovery and Training Tools WWD · AFP via Getty Images Rhonda Richford Wed, June 17, 2026 at 5:00 PM GMT+7 4 min read PARIS — LVMH Moët Hennessy Louis Vuitton chairman and chief executive officer Bernard Arnault opened the 10th edition of Viva Tech – calling itself the “Fashion Week of Tech” – singing the praises of progress.

“Bureaucracy, it’s a word that is too much present in Europe,” he said, taking the stage for a conversation with Viva Tech founder Maurice Levy. “When we started 10 years ago, nobody was talking about AI, it was not even a word. But now thanks to AI, we are able to kill part of the bureaucracy.”

Stocks Rally on U.S.-Iran Deal to Open the Strait of Hormuz

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