LVMH on fire 🔥
French protesters storm luxury group LVMH offices ! Notre-Dame on Fire !
Hundreds of thousands of people demonstrated across France as you may heard from the News , with trade unionists and strikers briefly storming into the Paris headquarters of the luxury goods company LVMH, the most important company in Europe, in a fresh round of protests against Emmanuel Macron’s unpopular plans to raise the minimum pension age from 62 to 64.
“You’re looking for money to finance pensions? Take it from the pockets of billionaires,” said the Sud Rail trade unionist Fabien Villedieu, as the LVMH headquarters filled with red smoke from the hot ,huge flares . It was a horrible moment.
The luxury group , whose brands include Louis Vuitton and Christian Dior, Fendi, Celine, Moet and chandon, Hennessy, Tiffany and co, Sephora and others are owned by LVMH.
Demonstrators on Thursday briefly blocked an access road to the council building with rubbish bins, hanging a banner across the street reading “constitutional censorship”. And how odd and unlucky to see , on that exact same week the LVMH stock rose 4,6% but this good news was ruined by the fire!
On Monday night, at 11 p.m. Paris time, around 500 of the city’s firefighters finally brought the raging blaze at Notre-Dame cathedral under control. And people were immediately been evacuated by the police. It had engulfed the iconic landmark for nearly five hours. The building’s two towers remained, but its intricate spire and two-thirds of its wooden roof unfortunately could not be saved.
“The worst has been avoided even though the battle is not completely won,” President Emmanuel Macron said, standing in front of the structure while it was still in flames. He promised the damage would be repaired
, and said an international fundraising effort would begin on Tuesday morning so it began.
By Tuesday morning, however, the owners of some of France’s most famous wine brands had already pledged a combined 300 million euros (roughly $338 million) in financial aid and assistant.
François Pinault, chairman of the Kering Group which owns Château Latour and Clos de Tart, pledged 100 million euros. Shortly afterward, Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton (LVMH) and the owner of Château Cheval Blanc and Château d’Yquem, promised a further 200 million euros.
“The Arnault family and the LVMH Group, in solidarity with this national tragedy, are committed to assist with the reconstruction of this extraordinary cathedral, symbol of France, its heritage and its unity,” LVMH said in a statement.
Meanwhile, Sylvain Charlois has promised to help source the best oak to rebuild the ceiling.
Cosmetics group L’Oreal said it would donate 200 million euros, along the other brands donations while energy firm Total promised to contribute 100 million euros. Meanwhile, Tim Cook, CEO of Apple, announced the company would also be donating to the rebuilding efforts.
