26 Oct 2022 --- Soaring energy costs in France are biting cosmetic companies, eliciting a need to cut back and find innovative ways of consuming less energy. LVMH Moët Hennessy Louis Vuitton has linked up with Hang Lung Properties – its first partnership as part of its policy to reduce energy consumption. Also, France’s beauty federation, Fédération des Entreprises de la Beauté (FEBEA), is taking “energy sobriety” measures and calling for robust EU policy and price caps.