LVMH washed its hands of the faux pas, claiming this week that Chaumet merely designed the medals.

Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.

The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.

Novo Nordisk has faced a massive selloff in recent months amid disappointing drug trials and U.S. pressure to cut its prices.

The rest of the top ten largest companies in Europe by market cap include ASML ( ASML ), SAP SE ( SAP ), Hermès International ( OTCPK:HESAY ), Roche Holding AG ( OTCQX:RHHBY ), Accenture plc ( ACN ), Nestlé S.A ( OTCPK:NSRGY ), AstraZeneca PLC ( AZN ), and Novartis AG ( NVS ).

Including the Tambour Convergence and and Tambour Taiko Spin Time, consisting of a total of five different watches.

Tiffany & Co has just unveiled five new timepieces at LVMH Watch Week 2025, including two new interpretations of the stunning Bird on a Rock watch. Featuring diamond and rock tsavorite gemstones, the new Bird on a Rock novelties are sparkly, colourful and the perfect blend of high jewellery and watch making.

A custom hat that was almost lost and a lingerie-inspired “shirt” that may still be at large: every inaugural fashion moment that nearly stole the show.

Taylor Swift, Selena Gomez, Beyoncé, Charli XCX and basically every other celebrity you can think of is carrying the brand's best-selling bag.

As it celebrates its 130th anniversary, Berluti is doubling down on quiet luxury.