Paris Olympics medal designers LVMH speak out as rust controversy rolls on
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The high-end luxury goods conglomerate that designed the Paris Olympics medals have denied any responsibility for the poor quality after more than 100 furious athletes returned their rusty gifts. LVMH - which was founded in 1987 following the merger of Moet Hennessy and Louis Vuitton - controls around 60 subsidiaries including the likes of Tiffany, Tag Heuer, Christian Dior, Givenchy and Bulgari.
But while luxury is the order of the day for the company, they have been left in the firing line in recent weeks amid huge controversy over the quality of Olympic medals. Now, in a statement to DailyMail.com, a spokesperson for LVMH has insisted that the company had no responsibility for the production of the faulty medals.
While Chaumet - part of LVMH - was responsible for the design of the medals, it insists neither they nor LVMH were involved beyond that. It is understood that the responsibility for the faulty production lies with La Monnaie de Paris and the International Olympic Committee.
Nyjah Huston shared the shocking condition of his bronze medal days after the Olympics. Huston's bronze medal from Paris started chipping after his celebrations in the States. More than 100 furious medalists from the 2024 Games have now returned their medals just five months on, due to significant damage and rust.