French luxury conglomerate LVMH has officially announced that it will be launching its new multi-brand online platform, 24 Sevres. Based on its Le Bon Marche department store in Paris, the new site will stock over 150 labels including a host of labels from LVMH's stable, think Dior and Louis Vuitton. The new site will be directly in competition with established retailers including Net-a-Porter and MyTheresa

24 Sevres will go live on June 6. Stay connected with Buro 24/7 Middle East as we bring you updates on the story. Now, read about Cartier's debut collection at Net-a-Porter.