Cosmetic Monitoring

The world's leading luxury group has pledged to go 'green' by introducing a new carbon fund, paid for by each of its luxury fashion houses. LVMH announced it would implement a 5 million euro fund, financed by contributions from each Maison, including Louis Vuitton, Celine, Fendi, Dior and Givenchy. The fund has been set up in part to calculate and offset the greenhouse gas emissions generated by their activities, specifically in terms of energy consumption in their production sites and…