
Head of the French luxury LVMH empire, Bernard Arnault said he would donate €10 million to Les Restos du Coeur, a charity that provides meals and groceries for those in need. The organisation had earlier warned it may have to turn away some 150,000 people this winter as it struggles to meet growing demand amid a cost-of-living crisis.
The multi-billionaire owner of the LVMH group and his family say they are responding to the association's appeal with an "emergency contribution".