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Luxury fashion giant LVMH Group is being sued for the NFT patent technology of its watches

Luxury fashion giant LVMH Group is being sued for the NFT patent technology of its watches

Bitget2025/03/12 05:40

A company that sells smartwatch face designs through non-fungible tokens has sued LVMH Group, accusing the luxury fashion conglomerate of patent infringement.

In a complaint filed with the Federal Court of Texas on March 10th, Watch Skins accused LVMH of stealing its "pioneering NFT display technology."

Watch Skins claims to have developed a unique system that allows users to display verified NFT artworks on their smartwatches and owns several patents related to this technology.

The company alleges that a smartwatch from TAG Heuer, an LVMH brand, and other products from brands under the group illegally used NFT display technology based on three patents owned by Watch Skins.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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