The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their deterioration.
LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.
The IOC has committed to replacing them with others that will be "engraved identically to the originals," according to the Daily Mail. The competition at the Paris Olympics had not even ended when the first complaints about the quality of the medals arrived.
Nick Itkin, a US Olympic foil fencer, said his bronze medal started to deteriorate a few days after the Olympics
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after a report said the French luxury group's champagne reached Russia even after it halted business there.
LVMH Watch Week changes location. LVMH Watch Week kicks off today after the event had to completely switch locations. Originally meant to take place in Los Angeles, the event had
Monnaie de Paris, the French mint that produced the medals, has "so far taken responsibility" and blamed the problem on a "technical issue" related to "varnish used to prevent oxidation" that was defective.
As LVMH Watch Week 2025 wrapped up its New York edition, Hypebeast looks back to some of the most noteworthy watches from the event.
As the largest corporate sponsor for Paris Olympics, LVMH (LVMUY) was everywhere, from the champagne flowed in V.I.P. suites, to the clothes
LVMH Watch Week has kicked off with cool new timepieces like a guichet watch from Louis Vuitton to Bird on a Rock pieces from Tiffany.
LVMH Watch Week touched down in New York, further cementing the importance of the American market in the world of luxury horology. Originally slated to bow in Los Angeles, the sixth edition of the event quickly pivoted to New York and Paris in response to the devastating wildfires that the city continues to face.
And he was matter-of-fact as ever as he walked through the collection, a radical break from his recent explorations of casual, streetwear-curious splendor. “I've just done really pure Dior,” he remarked, a center of relative calm in the bustling studio.