Family behind Louis Vuitton pledges 200 million euros to rebuild Notre Dame

Source: The Hill | April 16, 2019 | Morgan Gstalter

The family behind luxury French fashion house Louis Vuitton on Tuesday pledged to commit 200 million euros for the reconstruction of Paris’s Notre Dame after the cathedral was damaged in a fire.

“Louis Vuitton is proud to be a part of the LVMH Group, which, along with the Arnault Family, is committed to assisting with the reconstruction of this extraordinary cathedral, symbol of France, its heritage and its unity,” the group said in a statement. “Together they will donate 200 million euros to the fund dedicated to the reconstruction of this architectural work.”

The LVMH Group is comprised of 70 luxury houses across the wine, fashion, perfume, cosmetics and jewelry industries.

The company also offered French authorities all of its teams, including creative, architectural and financial specialists, to help with the reconstruction and fundraising efforts.

French billionaire François-Henri Pinault, who owns the French luxury group Kering including fashion brands Gucci and Saint Laurent, pledged 100 million euros for the rebuilding process on Monday.

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