Energy efficiency: LVMH commits to a 10% decrease in consumption

To address the current tensions on the electricity market, which are likely to increase this winter during consumption peaks, the LVMH Group has decided to reduce its electricity consumption as of October, first in France and then worldwide throughout the Group. Two key measures will enable a 10% reduction in energy consumption between October 2022 and October 2023: Turning off the lighting of the Group’s Maison stores between 10 p.m. and 7 a.m. and of the administrative sites at 9 p.m. The...