Louis Vuitton and Gucci homeowners give over $300 million
million euros, whereas Bernard Arnault, chair of LVMH, gave 200 million euros.
Kering owns labels resembling Gucci, Saint Laurent and Alexander McQueen, whereas LVMH’s star manufacturers embrace Louis Vuitton, Christian Dior and Moet & Chandon champagne.
“The Arnault household and the LVMH Group, in solidarity with this nationwide tragedy, are dedicated to help with the reconstruction of this extraordinary cathedral, image of France, its heritage and its unity,” LVMH mentioned in an announcement on its web site on Tuesday.
LVMH added that it will give France entry to its inventive, architectural and monetary specialists to help within the reconstruction.
François-Henri Pinault, chair of Artemis mentioned in an announcement emailed to CNBC Tuesday:
“This tragedy is putting all of the French individuals, and past that, all these connected to religious values. Confronted with this tragedy, everybody needs to offer life again to this jewel of our heritage as quickly as doable.”
Notre Dame is certainly one of Paris’s most well-known landmarks, attracting thousands and thousands of vacationers annually. The 850 year-old constructing was being renovated and French officers mentioned the reason for the hearth could possibly be linked to the works.