Luxury brand will set up elsewhere but École Polytechnique partnership to continue
Luxury products group LVMH, best known for its fashion brand Louis Vuitton, has cancelled plans to build a research centre close to elite engineering school École Polytechnique.
The proposed centre, to be known as LVMH Gaia, was to be located adjacent to the École Polytechnique campus on the Saclay campus near Paris. It was due to house up to 300 researchers working in areas such as sustainability, artificial intelligence and life sciences, with a focus on so-called “sustainable and digital luxury”.
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