{"id":160529,"date":"2018-10-09T22:06:19","date_gmt":"2018-10-09T22:06:19","guid":{"rendered":"https:\/\/www.theindustry.fashion\/lyst-launches-french-version-of-its-fashion-search-engine-following-lvmh-investment\/"},"modified":"2021-08-12T13:54:05","modified_gmt":"2021-08-12T13:54:05","slug":"lyst-launches-french-version-of-its-fashion-search-engine-following-lvmh-investment","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/lyst-launches-french-version-of-its-fashion-search-engine-following-lvmh-investment\/","title":{"rendered":"Lyst launches French version of its fashion search engine following LVMH investment"},"content":{"rendered":"

Lyst<\/a>, the online search engine for fashion, has launched a French version of its site following an investment in its business by Paris-based luxury conglomerate LVMH in May<\/a>.<\/p>\n

The French site has just gone live and features the inventories of brands and retailers, such as 24 S\u00e8vres (LVMH's luxury online platform), Monniers Fr\u00e8res, Galeries Lafayette, Gucci, Vanessa Bruno,<\/strong> Acne Studios, Christian Louboutin, Maison Margiela and Moncler.<\/p>\n

\"Our ambition is to integrate the best French luxury brands to respond to the demands of our French customers<\/strong>,\" said Lyst VP international\u00a0Clara Chappaz. Further international launches are set to follow on from the French version.<\/p>\n

Founded in London in 2010 by former investor and entrepreneur Chris Morton, Lyst achieved 45% growth between 2017 and 2018. Its platform is used by 70 million consumers and enables them to search more than 5 million products<\/strong>.<\/p>\n

Machine learning is used to sort and classify the products and to personalise the results<\/strong> for the customer based on their behaviours and preferences. Some 850 partner e-commerce sites make their inventories available to be searched through the engine. Lyst receives a commission (the amount of which is not known) for each sale it generates for its partners.<\/p>\n

The news comes as LVMH announced a 10% increase in revenues reaching \u20ac33.1bn in the first nine months of 2018.<\/strong> Third quarter revenues were also up 10%.\u00a0Its\u00a0Fashion & Leather Goods<\/strong> business group, which includes houses such as Louis Vuitton, Christian Dior, Celine and Fendi, achieved organic revenue growth of 14%<\/strong> in the nine-month period.<\/p>\n","protected":false},"excerpt":{"rendered":"

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