Givenchy ECONOMIC

Supply Chain & Sourcing Relationships

• No public evidence identified of any direct relationship between Givenchy or LVMH and Israeli agricultural exporters such as Mehadrin, Hadiklaim, Galilee Export or Agrexco successors; the general Givenchy/LVMH Israel searches surfaced only the pages cited in this audit, and the Al Jazeera summary of the Special Rapporteur’s report A/HRC/59/23 groups the companies it names under arms, technology, heavy machinery, shipping and rental platforms with no fashion, luxury or LVMH entry ¹.
• No public evidence identified of seasonal sourcing of Israeli-origin goods by Givenchy or LVMH; the Business & Human Rights Resource Centre profile page for LVMH lists labour rights, supply chains, wage theft and deforestation topics and the retrieved text does not mention Israel, the occupied Palestinian territory or settlements ².
• A trade directory, which could not be verified against LVMH or Givenchy sources, lists “LVMH Perfumes & Cosmetics” as a major international distributor that “distributes brands such as Dior, Givenchy, and Fendi across Israel” ³.
• No public evidence identified of an importer-of-record structure for Givenchy fashion goods in Israel; the only importer or distributor reference found for Givenchy is the unverified directory entry for its fragrance line ³.
• For another LVMH brand, Celine, the Jerusalem Post reported on 10 February 2026 that its men’s line launched in Israel and is sold at Factory 54 Men stores and on factory54.co.il, and the article does not name an importer ⁴.

The PerfumeNez directory page already cited in this audit for naming “LVMH Perfumes & Cosmetics” as a Givenchy fragrance distributor in Israel is dated 30 August 2025 and states in full, as to that entry: “Distributes brands such as Dior, Givenchy, and Fendi across Israel, ensuring premium brand representation”; the same page separately names Tel Aviv, Jerusalem and Haifa only as cities where it describes fragrance demand, not as addresses of any distributor or point of sale, and the page gives no founding date, headquarters address or operating-status information for “LVMH Perfumes & Cosmetics” or any other company it lists.³

BEYONDSKIN, an Israeli “Niche & Luxury” retail chain whose own English-language about page was retrieved for this audit, states it is owned by Lilit Cosmetics, describing Lilit as “Israel’s leading beauty group” serving as “the official importer and exclusive distributor of the world’s finest beauty, fragrance, skincare & make-up brands” and listing boutique locations at “Ramat Aviv Mall, HaZahav Mall & Ayalon Mall” plus an online store; Givenchy does not appear among the brands named on that page, indicating that one of Israel’s stated major prestige-beauty importer/distributor groups does not present itself as carrying Givenchy.⁵

No public evidence identified, in any source retrieved for this audit, of an opening date, ownership structure (company-owned, franchise, wholesale or distributor) or current operating status for any Givenchy-branded point of sale in Israel, beyond the unverified fragrance-distribution claim for “LVMH Perfumes & Cosmetics” described above; no Givenchy-operated or Givenchy-licensed storefront in Israel was identified via Givenchy’s own (inaccessible) website, the Tel Aviv Kikar Hamedina luxury retail directory already cited in this audit, the Factory 54 brand-roster search, or the BEYONDSKIN/Lilit Cosmetics brand list.^{6, 5}

Product Origin, Labeling & Regulatory Compliance

• No public evidence identified of any settlement-origin labeling issue or country-of-origin labeling dispute involving Givenchy or LVMH; the Business & Human Rights Resource Centre LVMH profile page retrieved for this audit does not mention Israel, occupied territory or settlements ².
• No public evidence identified of a stated Givenchy or LVMH corporate policy on goods from occupied territories; the LVMH key documents page lists four documents (the 2025 Social and environmental responsibility report dated July 2026, the 2025 Annual Report, the 2024 Universal Registration Document including CSRD reporting dated 26 March 2025, and a September 2024 white paper) and none is titled as a sourcing or labeling policy on occupied-territory goods ⁷.
• The 2025 interactive LVMH annual report page retrieved for this audit reports revenue by region and business group and mentions neither Israel nor the Middle East ⁸.
• The 2025 report’s retrieved text was not searched exhaustively for origin-labeling language, and the full text of the 2024 Universal Registration Document was not read for this audit ⁷.

Investment, Capital & Financial Exposure

• Bernard Arnault took part in the 2021 funding round of the Israeli-founded cybersecurity firm Wiz, which Wiz’s own company blog attributes to Groupe Arnault’s venture arm Aglaé Ventures (announced 10 June 2021, as an additional $120 million investment from Salesforce Ventures and Blackstone, with Aglaé Ventures participating, closing out the Series B), while the Jewish Chronicle describes Arnault and Howard Schultz as participating as individual investors in a $120 million round ^{9, 10}.
• Google completed its $32 billion acquisition of Wiz, as reported on 11 March 2026 ¹¹.
• LVMH Luxury Ventures, described as the group’s investment arm, was one of several participants in a $90 million round on 13 June 2022 for the Israeli lab-grown diamond maker Lusix, alongside Ragnar Crossover Fund and others, and the company said the funds would support expansion of its production capacity in Israel with a second facility ¹².
• Globes reported on 18 August 2024 that Lusix sought a debt arrangement after failing to raise further money from its existing investors, led by LVMH Luxury Ventures and also including More Provident and Pension Funds, Maverick Ventures, and Gabi Dishi’s Ragnar Crossover Fund with partner Alpha Investments, and that Lusix owed about $15 million to Bank Leumi, Israel Discount Bank and Amot Investments at that point ¹³.
• Calcalist reported that Lusix had raised about $152.5 million in total, that LVMH led the $90 million SAFE round in June 2022 at a valuation of $300 to 500 million, that “LVMH now owns about 12% of the shares,” and that LVMH and Benny Landa, Lusix’s founder, “have recently been at odds” ¹⁴.
• DiamondWorld reported on 16 November 2024 that the Central District Court in Lod, Israel approved a joint acquisition of Lusix by Fenix Diamonds and Dholakia Lab-Grown Diamond for a combined $4 million, with the buyers committing to retain Lusix’s Israeli research labs, 13 employees for at least one year and 10 more for at least six months ¹⁵.
• No public evidence identified, in any source retrieved for this audit, of what LVMH Luxury Ventures specifically received from the Lusix sale, or of any disclosed write-down or loss recognition by LVMH in connection with it ^{13, 15, 14}.
• The Jewish Chronicle reports that boycott platforms cite the 2021 Wiz round and the 2022 Lusix round in flagging the LVMH-owned brands Loro Piana and Celine, and does not name Givenchy ¹⁰.
• L Catterton, a US investment fund that Globes describes as “partly held by the LVMH group,” invested $34 million for a 35.8% stake in the Israeli cosmetics brand Il Makiage, reported on 5 June 2017 [pre-2020], and the retrieved article quotes the brand’s CEO calling LVMH “a substantial shareholder in the fund” ¹⁶.
• ODDITY Tech Ltd. (Il Makiage’s Nasdaq-listed parent) states in its own SEC Form 20-F for fiscal year 2025 that “In 2017 we secured an investment from L Catterton to support the launch of our technology platform and online business in the United States” ¹⁷.
• ODDITY’s 2024 SEC Form F-1, filed for a secondary offering, names the selling shareholder as LCGP3 Pro Makeup, L.P., described as “a fund managed by L Catterton,” offering 4,000,000 Class A ordinary shares plus an underwriters’ option on up to 600,000 more, with the filing’s pre-offering position (reported elsewhere in the same document) given as approximately 13,140,357 Class A shares, about 29.0% of that class, based on a Schedule 13G the filing states was filed 9 February 2024, falling to about 8.2% after the offering ¹⁸.
• ODDITY announced in a 6-K exhibit dated 13 November 2024 that it would repurchase approximately 2.35 million Class A ordinary shares from a fund managed by L Catterton for approximately $100 million at $42.501 per share, after which L Catterton would hold approximately 4 million shares, approximately 7% of ODDITY’s ordinary shares outstanding on a pro forma basis as of 30 September 2024 ¹⁹.
• L Catterton’s own 19 July 2023 press release marking ODDITY’s IPO states that the firm “initially invested in ODDITY in 2017” and quotes a managing partner saying L Catterton looks forward to “continuing to support the company,” without disclosing whether or how many shares it sold in the IPO itself ²⁰.
• Calcalist reported on 14 May 2025 that “LVMH’s investment arm” acquired the 2017 stake and that it “ultimately sold its stake for a more than 15x return,” without specifying a sale date or confirming whether the sale was complete or partial ²¹.
• Taken together, the SEC filings retrieved for this audit document two partial secondary sales by an L Catterton-managed fund (the 2024 offering and the November 2024 buyback) rather than a single, dated, full-exit transaction, so the Calcalist characterization of a completed exit at “more than 15x return” is not corroborated by the primary filings retrieved in this audit, and whether L Catterton (and, through it, LVMH’s indirect exposure) retains a residual position is unresolved as of the most recent primary filing text retrieved ^{21, 18, 19, 17}.
• Google acquisition completion for Wiz is as reported above ¹¹; Google completed its $32 billion acquisition of Wiz, as reported on 11 March 2026 ¹¹.
• LVMH’s ownership structure at 31 December 2024 had Christian Dior SE holding 42% of LVMH’s share capital and 57% of its voting rights, with the Arnault family group holding a further 7% of capital and 8% of voting rights ²².
• A proposal reported on 24 September 2026 would merge Financière Agache into Agache and then Agache into Christian Dior, renamed Agache, giving the new entity 49.76% of LVMH capital and 65.55% of voting rights (50.33% and 66.27% with other family holdings), with Bernard Arnault as manager, subject to an extraordinary general meeting of Christian Dior proposed for December ²³.
• No public evidence identified of Givenchy or LVMH direct capital investment in Israeli or occupied-territory factories, R&D or innovation centers, logistics sites, sovereign bonds or Israel-focused funds beyond the Lusix and L Catterton items above; the LVMH 2025 annual report page retrieved mentions neither Israel nor the Middle East ⁸.
• Arnault’s personal investment (Wiz, via Aglaé Ventures) is attributed to him or his family vehicle and is separate from LVMH’s corporate investment (Lusix, via LVMH Luxury Ventures); no investment by Givenchy itself was identified ^{9, 12}.

Operational Presence & Market Activity

• A Kikar Hamedina retail-district directory page for Tel Aviv, retrieved for this audit, describes a multi-brand luxury retail concession named Amor (operated by the Tel Aviv retailer Unger Fashion, domain ungerfashion.co.il) at Heh B’Iyar Street, Kikar Hamedina, Tel Aviv-Yafo, and the page’s visible brand references at that district include Dior Homme, Moncler, Ermenegildo Zegna, Dolce & Gabbana and Etro, without listing Givenchy ²⁴.
• No public evidence identified of any Givenchy point of sale, listing or stockist in East Jerusalem, the West Bank or the Golan Heights specifically; the Tel Aviv directory page retrieved for this audit covers only the Kikar Hamedina district of Tel Aviv proper, and no settlement-area listing was found in any source opened for this audit ²⁴.
• The only local company identified in connection with Givenchy is the unverified directory entry for “LVMH Perfumes & Cosmetics” as distributor of Givenchy fragrance in Israel, and a primary-source confirmation was not found ³.
• Sephora, an LVMH business and not Givenchy, said in August 2026 that it has no plan to open stores in Israel, and that Sephora Collection is covered by a temporary resale agreement with the Israeli retailer Glam42, announced on 9 August 2026, which remains the operator of its points of sale ²⁵.
• The same FashionUnited article says Ynet reported six stores and five shop-in-shop spaces while Haaretz described the deal as a one-off shipment, and it does not mention Givenchy ²⁵.
• No public evidence identified of Givenchy or LVMH workforce or tax footprint figures for Israel; the LVMH 2025 annual report page reports revenue by region and group and does not mention Israel ⁸.
• No public evidence identified of an LVMH or Givenchy disclosure characterising Israel as a market; the 2025 annual report page groups the relevant geography under “Other markets” ⁸.

This research attempted direct access to Givenchy’s own website on multiple occasions and could not retrieve several pages: fetches of the fashion site’s FAQ and UK contact page, and of the Givenchy Beauty storefront’s US store-finder and English-locale homepage, each returned HTTP 403 Forbidden on every attempt (including at least one retry per URL). No public evidence identified of the contents of Givenchy’s US store locator page, its French-locale store locator page, or any archived Wayback Machine snapshot of the US store locator, because this research could not retrieve any of them on repeated attempts and no alternate, independently fetchable copy of any of the three was found; consequently no primary-source quote of Givenchy’s own store locator or locale pages, confirming or ruling out a store or point of sale in Israel, could be obtained for this audit.^{26, 27, 28, 29}

The only Givenchy-branded website successfully retrieved in this research is shopgivenchybeauty.ae, a Givenchy Beauty storefront evidently serving Gulf-region customers, fetched and found to display a country/region selector whose stated groupings are “International”; Europe (France, United Kingdom, Italy, Russian Federation, Spain); Middle East (United Arab Emirates in Arabic, United Arab Emirates in English, and Kingdom of Saudi Arabia); Asia & Oceania (Japan, China); and Americas (USA, Canada), with the accompanying text “The currency displayed and stores proposed will be tailored to your location”; Israel does not appear in any of these groupings, and the page’s “Find a store” and “Our Stores” links point to givenchybeauty.com/us/stores, a URL this research could not fetch.^{30, 28}

A search-engine snippet of givenchybeauty.com’s own Terms of Sales page - which this research could not independently verify because a direct fetch of the same URL returned HTTP 403 Forbidden - indicates the text “the Stores are available at the following addresses: i.e. only German-, Italian-, Spanish- and English-language e-commerce locales; no Israel-specific locale path (such as an “/il” path) was found in any source retrieved for this audit, though this finding rests on a search snippet rather than a verified direct fetch and should be read with that caveat.³¹

An Israeli online perfume retailer, EveryWear (everywear.co.il), independently sells Givenchy eau de parfum, eau de toilette and tester products - including an item listed as perfume in damaged packaging - through a Hebrew-language “Givenchy” (ג’יבנשי) collection page listing 12 items priced in shekels, retrieved for this audit; the page’s footer gives only a phone number and an email address, no street address or city for the business, and the page makes no claim of being an authorized, official or exclusive Givenchy retailer, licensee or distributor.³²

2026 - no public evidence identified of a Givenchy-operated or Givenchy-licensed brick-and-mortar store, concession, shop-in-shop or duty-free point of sale in Israel: a search of coverage of the Ben Gurion Airport duty-free concession (held by the James Richardson/Gebr. Heinemann joint venture) did not surface Givenchy among named brands, and the Israeli multi-brand luxury retailer Factory 54’s own published brand roster (fetched directly from the chain’s website) likewise did not name Givenchy.^{33, 6}

Corporate Structure & Foundational Ties

• Givenchy was founded in 1952 by the designer Hubert de Givenchy, is headquartered at 3 Avenue George V in Paris, and has been owned by LVMH, which bought it in 1988 [pre-2020], and the retrieved Wikipedia text does not mention Israel ³⁴.
• LVMH’s primary trading market is the Eurolist market of Euronext Paris, and its 2009 Form 15F-15D states that LVMH terminated its sponsored ADR facility effective 25 November 2002 [pre-2020] and intends to publish Rule 12g3-2(b) information on its website ³⁵.
• No public evidence identified of golden shares, founder shares or any governance feature tying LVMH or Givenchy to the Israeli state; the ownership descriptions retrieved describe control through Arnault family holding companies ^{23, 22}.
• Named entities and controlling principals: Christian Dior SE held 42% of LVMH capital and 57% of votes at 31 December 2024, and the Arnault family group held 7% and 8% in addition ²².
• Financière Agache holds 96% of the capital and 97.10% of the voting rights of Christian Dior, Agache owns 100% of Financière Agache, and Antoine Arnault has been managing director of Financière Agache since 2022 ²³.
• Bernard Arnault has five children, all working in the group, with four on the LVMH board and Antoine and Delphine Arnault on the executive committee, and no Israel-related link for them was identified in the sources retrieved for this audit ²³.
• For Bernard Arnault, the searched Israel-topic link found is his participation in the 2021 Wiz round, and no occupation-related link was identified in the retrieved sources ^{9, 10}.
• For LVMH, the searched Israel-topic links found are the 2022 Lusix investment by LVMH Luxury Ventures (and its subsequent 2024 insolvency/sale) and its stake in the L Catterton fund (with that fund’s ODDITY/Il Makiage holding), and no settlement-related link was identified ^{12, 13, 15, 14, 16, 18, 19, 17}.
• The Business & Human Rights Resource Centre LVMH profile, an NGO-run page, shows no Israel or occupied-territory entry ².
• The Il Foglio article states that the official BDS list does not name LVMH among the major brands with the strongest links to Israel, and says third-party platforms (Boycat, Gaza.nu, The Boycott Directory) flag Loro Piana and Celine, with Givenchy not mentioned ³⁶.
• The Who Profits company database is a paginated list of 24 pages with search filters; its search could not be run in this research, and no LVMH or Givenchy entry was surfaced, so the status there is unknown rather than confirmed absent ³⁷.
• OpenSanctions’ structured republication of the OHCHR “List of Companies Linked to Illegal Settlement in the West Bank” database, reflecting an update dated 30 September 2026 (the underlying UN report being A/HRC/63/20), lists 426 entities including 212 searchable companies, and an explicit name search of that dataset for “LVMH” returns “No matching entities were found,” as does an explicit name search for “Givenchy” ^{38, 39, 40}.
• The UN Special Rapporteur’s report A/HRC/59/23 exists as an OHCHR advance version; the fetch returned only link annotations (including to Who Profits, BDS, SOMO and UNDP) and not the readable text of paragraphs 48-86, so LVMH’s presence in it is unconfirmed from that document itself ^{41, 42}.
• The Al Jazeera summary of that report lists Lockheed Martin, Leonardo, Elbit, IAI, FANUC, Microsoft, Alphabet, Amazon, IBM, Palantir, Caterpillar, Hyundai, Volvo, Maersk, Booking and Airbnb, and names no fashion or luxury company ¹.
• The Arnault family group’s stake in LVMH crossed 50% of share capital for the first time on 19 February 2026, standing at 50.01% of share capital (about 248,874,567 shares) and 65.94% of voting rights (about 491,218,121 voting rights), up from 49.77% of capital and 65.89% of voting rights at year-end 2025 and 49.44% of capital and 65.76% of voting rights as of the 30 June 2025 semi-annual report, which supersedes the 31 December 2024 figures cited above as the most current available data on the family’s actual holding ^{43, 44, 45, 46}.
• As of 19 February 2026, the capital stake was reported as held through Christian Dior SE (about 42.2% of capital), Financière Agache (about 6.7%), Agache S.A. (about 6.73%) and the Arnault family directly (about 0.57%), a breakdown one of the retrieved sources itself flags as summing to more than the reported 50.01% total without reconciling the overlap, most likely reflecting related holdings between Agache S.A. and Financière Agache ⁴⁴.
• As of the most recent evidence retrieved for this audit, the September 2026 Agache/Christian Dior merger proposal described above remained a pending, not-yet-completed transaction: Christian Dior’s board announced the plan on 23 or 24 September 2026 depending on the source, an extraordinary general meeting of Christian Dior was expected by the end of 2026, and a related all-cash public tender offer for the 2.44% of Christian Dior shares not already held by the family was expected to open in the first quarter of 2027, subject to clearance from the French market regulator (AMF) ^{23, 47}.
• On the question of whether the Arnault family currently controls approximately 49% of LVMH’s capital and 65% of voting rights, or approximately 48% and 63.5%, the most current figure retrieved for this audit is higher than either: 50.01% of capital and 65.94% of voting rights as of 19 February 2026, so the family’s current actual holding should be read from that figure rather than from the 31 December 2024 figures above or from the pending post-merger figures (49.76%/65.55% direct stake; 50.33%/66.27% combined family-group stake) described in the September 2026 merger proposal ^{23, 43, 44, 45, 46}.

Profit Repatriation & Economic Contribution

• LVMH’s 2025 interactive annual report lists “Other markets” revenue of 11,091 million for 2025, equal to 14% of 2025 revenue, and the retrieved page does not break out Israel or Givenchy specifically ⁸.
• No public evidence identified of disclosed Givenchy or LVMH revenue attributed to Israel as a market ⁸.
• No public evidence identified regarding the direction of Givenchy or LVMH profit flows to or from Israel, or of a role in any specific sector of the Israeli economy, beyond the LVMH-level venture investments (Lusix, L Catterton/Il Makiage) described above ^{12, 13, 15, 14, 16, 18, 19, 17}.