LVMH to launch new e-commerce site

LVMH is launching a multi-brand e-commerce site inspired by its exclusive Parisian department store Le Bon Marche. The new website called "24 Sevres" is named after the Rue de Sevres location of Le Bon Marche, will offer fashion, cosmetics and luggage products from LVMH's own portfolio as well as brands from outside the group.

LVMH, controlled by French billionaire Bernard Arnault, announced the new site would go live on June 6th in more than 70 countries.