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LVMH, Fendi, Rent the Runway, Inspirato and inflation

Fendi invites visitors to indulge in the brand at the pop-up shop. Image courtesy of Fendi

 

Luxury Daily’s live news for June 10:

LVMH backs lab-grown diamond producer
French luxury conglomerate LVMH joined other high-profile investors in completing an investment round of $90 million for lab-grown diamond (LGD) producer Lusix.