{"id":17479,"date":"2023-04-20T13:09:25","date_gmt":"2023-04-20T13:09:25","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/lvmh-ceo-talks-ongoing\/"},"modified":"2023-04-20T13:10:31","modified_gmt":"2023-04-20T13:10:31","slug":"lvmh-ceo-talks-ongoing","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/lvmh-ceo-talks-ongoing\/","title":{"rendered":"LVMH CEO: Talks ongoing over 2024 Paris Olympics deal"},"content":{"rendered":"<p>PARIS (Reuters) -LVMH has not yet signed a contract related to sponsorship of the 2024 Olympic Games in Paris but talks are ongoing, the world&#8217;s biggest luxury group&#8217;s chief executive Bernard Arnault said on Thursday. <\/p>\n<p>&#8220;A contract &#8230;is under discussion and as with all discussions, could wind up with a signature or not,&#8221; said Arnault in response to a question from a shareholder at the company&#8217;s annual meeting.<\/p>\n<p>Speculation about what form such a sponsorship could take has centered around the opening ceremony, which, in a break with Olympic tradition, will be held outdoors along the Seine River in the heart of Paris rather than in a stadium. <\/p>\n<p>Confirmed sponsors for the global sporting showpiece include Airbnb, Alibaba, Coca-Cola and Toyota.        <\/p>\n<p>A source familiar with LVMH&#8217;s discussions said negotiations with the Paris 2024 Organising Committee for the Olympic and Paralympic Games were related to just a handful of LVMH brands, including champagne and the group&#8217;s star label Louis Vuitton.<\/p>\n<p>The group&#8217;s watch and jewelry brands, however, likely won&#8217;t be involved, the person said, citing the longstanding sponsorship of Swatch Group&#8217;s label Omega, which is the official timekeeper of the games through 2032. <\/p>\n<p> (Reporting by Mimosa Spencer, editing by Tassilo Hummel and John Stonestreet)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/lvmh-ceo-talks-ongoing\/lvmh-moet-hennessy-louis-vuitton-annual-shareholders-meeting-in-paris\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportSportsNews\/tagreuters.com2023binary_LYNXMPEJ3J0DO-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3J0DO-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PARIS (Reuters) -LVMH has not yet signed a contract related to sponsorship of the 2024 Olympic Games in Paris but talks are ongoing, the world&#8217;s biggest luxury group&#8217;s chief executive Bernard Arnault said on Thursday. &#8220;A contract &#8230;is under discussion and as with all discussions, could wind up with a signature or not,&#8221; said Arnault [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":17480,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1219],"tags":[1223],"class_list":["post-17479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-sports","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportSportsNews\/tagreuters.com2023binary_LYNXMPEJ3J0DO-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/17479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=17479"}],"version-history":[{"count":2,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/17479\/revisions"}],"predecessor-version":[{"id":17796,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/17479\/revisions\/17796"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/17480"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=17479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=17479"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=17479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}