AutoMobili-D 2019 at NAIAS – an inside look at future mobility platforms

  The automotive industry is rapidly changing, and startups across the globe are a driving force in that transformation. The inaugural launch of AutoMobili-D in 2017 featured more than 180 brands, ranging from automakers to suppliers, to tech startups as well as universities and government organizations. From John Krafcik debuting the fully autonomous Chrysler Pacifica, … Read more

France is the (tech) place to be: Some of the essential events that took place at Viva Technology 2018

  Viva Technology: Over 100,000 people from all over the world at the rendezvous for innovation and startups. An unprecedented participation of top speakers and game changers from all over the world. 2018 Viva Technology, the global rendezvous for startups and leaders, took up the challenge to raise the bar even higher this year. More … Read more

The second edition of the 2018 LVMH Innovation Award goes to Oyst 1-Click

Congratulations to Oyst, the runners-up Kronos Care and Vechain, and to all the other contenders.”

Oyst – Buy simply in 1-Click is the winner or the second edition of the LVMH Innovation Award. The trophy was handed at 2018 Viva Technology event in Paris, the rendezvous for innovation and startups. No more forms to fill out, passwords to remember, the blue card to go … With Oyst, buying on the internet has never been easier!

LVMH innovaton award 2018
LVMH innovaton award 2018; Chairman & CEO Bernard Arnault announces the winner of the LVMH Innovation Award 2018; photo: lvmh

2018 Viva Technology, the global event for luxury startups and leaders, took up the challenge to raise the bar even higher this year. More than 100,000 attendees participated in the 3 days of VivaTech (2 days reserved for professionals and 1 day open to the general public) and were able to meet and initiate collaborations with the 1,800 startups either exhibiting or pitching, 1,900 investors and thousands of business leaders, as well as 1,900 journalists from around the world.

The second day of Viva Technology 2018 has commenced and not a single chair in the main stage area was left unoccupied as eager attendees awaited the announcement of the winner of this year’s LVMH Innovation Award.

“We had a record number of applicants this year.”, CDO of LVMH, Ian Rogers, called to the crowd as he stepped on- stage. “60% more applicants than last year. It was challenging to narrow that great pool of talent down to the thirty finalists sitting before me today, but with the help of our jury, we have selected a winner”.

Welcoming to the stage last year’s winner Tony Pinville, founder and CEO at HEURITECH, LVMH Chairman and CEO Bernard Arnault and his son Alexandre Arnault, CEO of RIMOWA.

LVMH innovaton award 2018-
photo: lvmh

“Thanks to this award, we had a major press coverage worldwide.”, says Pinville, “We are now starting to develop our business worldwide, in the US, in Europe and in Asia”. Handing over the microphone to the Group Chairman and CEO, Bernard Arnault echoes the words of his CDO: “This year, VivaTech becomes a real fantastic success. It’s a sign of the growing importance of France for technology and entrepreneurship. France is becoming—and I am very glad about this—an entrepreneur country and a tech country.”

Reiterating the importance of startups to the LVMH luxury group, Bernard Arnault continued, “Although we are the largest French company on the stock market, we try to stay mobile. We try to keep that real startup spirit.”.

Handing the microphone to his son to announce the winner, a tense moment of silence followed before Alexandre Arnault called out “OYST”. Ushered on-stage by the audience’s applause, Oyst Founder and CEO Julien Foussard thanked the jury, before touting his creation to the audience and the wider world watching: “When you want to buy a simple white tee-shirt on an e-commerce website, it takes eight steps. Why? Online check-outs are a major issue for merchants and consumers alike. Oyst has created a button that allows shoppers to make purchases in a single click without providing additional details.”

oyst innovation
photo: oyst.com/en/oyst-1-click/

 

Any information that is relative to your payments won’t be shared, say Oyst developers. Oyst 1-Click commits itself to optimize the security of your purchases. Oyst’s partner websites are verified and your transactions are controlled 24/7, say the developers.

Security is a major concern of Oyst. The startup is working with Adyen, one of the world’s leading online payment providers , to offer its customers reliable tools. The teams at the origin of the solution have developed in-house secure technology that makes it possible to identify users using biometric functionalities.

The Oyst solution was born in 2015, under the leadership of Julien Foussard and Quentin Vigneau, the two co-founders.

Julien Foussard (CEO) is a “serial entrepreneur” at the origin of seven start-ups in the e-commerce sector. He is the creator of IronGroup, which generated 100 million euros in revenue in 2016.

Quentin Vigneau studied at HEC Paris and Télécom ParisTech. A specialist in Big Data and online payment technologies, he worked at Worldline before creating Oyst. He is responsible for products and operations.

 

https://www.youtube.com/watch?v=cX_woFN7kdI

https://www.youtube.com/watch?v=GYFdt5sTyQU

 

Top 30 luxury startups for the 2nd edition of the LVMH Innovation Award 2018

  Now a premier event on the global innovation calendar, Viva Technology is set for May 24-26, 2018 in Paris. During the event LVMH, the biggest luxury group of the planet, will present the second LVMH Innovation Award to one of the 30 finalist startups who will be presenting their solutions at the LVMH Luxury … Read more

La Maison des Startups: LVMH to invest in startups whose solutions have potential in the luxury industry

 

Innovation isn’t just a buzzword at LVMH luxury group, the French multinational luxury goods conglomerate headquartered in Paris. Collaborating with startups helps a luxury business stay abreast of both business opportunities and ways of working. A newly-announced LVMH initiative will welcome 50 international startups each year. LVMH announced the creation of an accelerator program at the STATION F startup campus in Paris.

The new “Maison des Startups” will accelerate collaboration between LVMH Maisons and startups.

LVMH to invest in startups whose solutions have potential in the luxury industry
New LVMH program will welcome 50 international luxury-related startups each year. photo: LVMH

As Ian Rogers, Chief Digital Officer at LVMH, says: “A healthy startup ecosystem is necessary for a healthy industry.”

“Innovation is an integral part of the history of our Maisons, which are often centuries old. This is why we know, perhaps better than others, how to find ways of working with startups that benefit us all,” commented Bernard Arnault, Chairman and CEO, LVMH.

With 89 work stations, the LVMH program at STATION F will welcome 50 international startups each year in two six- month terms. The first group joined the campus in November 2017.

Over half the startups that joined the program are identified through the LVMH Innovation Award, at the Viva Technology show, during which the Group welcomed more than 80 startups in 2016 and 2017, particularly in the context of the LVMH Innovation Award. Nearly all of them already work with some of LVMH Maisons (Moët Hennessy, Dior, Louis Vuitton, Sephora etc.). In addition, several LVMH employees whose projects won awards during different editions of the DARE LVMH initiative dedicated to intrapreneurship within the Group will also be welcomed at STATION F to launch their projects.

The LVMH program at STATION F lets entrepreneurs benefit from personalized coaching and support from LVMH group experts. A series of workshops will allow the startups to familiarize themselves with challenges facing the luxury industry, and pitch sessions will be regularly organized to let them present the evolution of their solutions to representatives of LVMH Maisons. Networking sessions will be on the agenda too.

“It’s a great challenge that awaits those who want to renew the luxury industry all the while maintaining it to the same level of excellence that it is known for, especially in France – who better than LVMH to support luxury startups at STATION F? We are proud to have them as partners,” said Roxanne Varza, Director of STATION F.

In January 2018, LVMH announced record sales of 42.6 billion Euros in 2017, up 13% over the previous year, as all divisions turned in strong performances. In the same year, the net profit increased 29%.

LVMH to invest in startups whose solutions have potential in the luxury industry-2018 April LVMH to invest in startups whose solutions have potential in the luxury industry-

LVMH is looking for startups that have solutions that can benefit the luxury business and/or inspire the luxury industry

All startups working on issues related to the luxury sector can apply for the 2018 LVMH Lab at Viva Technology.

All startups working on issues related to the luxury sector can apply and win a chance to be part of the LVMH Lab during the 2018 Viva Technology event. The winning startup will receive support for its development from the biggest luxury group of the world and the world leader in luxury. If you are selected, you will be showcased in your own booth within the LVMH lab during the three days of the event.

viva technology 2018 LVMH Lab at Viva Technology
image: challenges.vivatechnology.com/en/challenges/lvmh

 

With the third edition of Viva Technology set for May 24-26, 2018 in Paris, the LVMH Group has announced the challenge for the second LVMH Innovation Award, which will be given to a budding startup from France or another country. LVMH Innovation Award is one of the most important prizes in the industry. Read about the past edition here.

Created in 2017, the LVMH Innovation Award celebrates new ideas and is open to any startup created within the past five years with a valuation of under $100 million, fewer than 50 employees, and whose solutions are relevant. Startups that satisfy these criteria can apply online at the LVMH Innovation Award site until February 15, 2018. The finalists selected will have a space in the LVMH Lab and have a chance to pitch their business model during the technology event.

viva technology 2017 -2017 LVMH Lab at Viva Technology

“A top-tier international event for key players in the digital transformation and all those who are inventing the future, Viva Technology is a unique opportunity for leading businesses to engage with promising startups and help them grow. LVMH has supported this global showcase of new technologies since its creation in 2016 by media group Les Echos and Publicis Group,” said LVMH group.

The high-end group (created in 1987) gathers a unique ecosystem of over 70 brands in five different sectors (Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective retailing) and is the ambassador around the world of the ultimate refinement in Western “art de vivre”.

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image: vivatechnology