A company that sells smartwatch surface designs through immutable tokens has sued LVMH, accusing the luxury fashion group of patent infringement. In a complaint filed in federal court in Texas on March 10, Watch Skins accused LVMH of misappropriating its "groundbreaking NFT display technology".
Watch Skins claims to have developed a unique system that allows users to display verified NFT artwork on smartwatches and holds several patents related to the technology. The company claims that a smartwatch from LVMH's TAG Heuer and other products from the group's brands illegally used NFT display technology based on three patents owned by Watch Skins.
Luxury fashion giant LVMH is being sued over patented NFT technology for watches
2025-03-12 05:29:04
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