Luxury Daily
Retail
The RealReal ends Earth Month with in-store donation program

Proceeds from the luxury resale platform’s new initiative running through April 30 will benefit environmental protection nonprofit Conservation International.

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Commerce
Annual operating profits down 18pc at Valentino

The Italian fashion house is joining a list of fellow luxury names continuing to navigate a global sales slowdown.

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Tapestry, Capri Holdings respond to FTC lawsuit opposing merger

The U.S. fashion groups are in talks over an attempt from the U.S. Federal Trade Commission to stop the deal.

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Research
Annual report from Vestiaire Collective makes business case for circularity

On average, secondhand items sourced from the luxury resale platform are worn 76 percent more times than fast fashion pieces purchased elsewhere.

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Home furnishings
Ginori 1735 applies pastel twists to tableware staples

The Kering-owned Italian porcelain brand is leaning into the midcentury design craze taking hold of luxury consumers with the release of the Diva collection.

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Commerce
Luxury growth at L’Oréal lags in Q1

The beauty group’s Luxe portfolio is starting the year with a marginal growth stall.

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Apparel and accessories
Tod’s unveils ‘Art of Craftsmanship’ exhibition at Venice Biennale

The Italian fashion label is celebrating technical expertise using one of its most timeless styles.

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Automotive
Rolls-Royce to debut bespoke commissions at Auto China 2024

The British automaker’s three one-of-one editions mark the first-ever deliveries from its Shanghai private office, opened in 2023.

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Sustainability
LVMH, CFDA launch Earth Week video series

Viewers can catch the “Voices of Impact” episodes on both partners’ YouTube pages, starting April 23.

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Apparel and accessories
OOH marketing from Zegna uplifts legacy in Milan

The Italian menswear brand is using billboard ads, themed newsstands, retail takeovers and more to promote a new, eco-conscious book release during Salone del Mobile season.

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Real estate
Cash buyers spiking US luxury home sales: Redfin

Last quarter, the market reached year-on-year increases for the first time since August 2021, according to the real estate brokerage.

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Travel and hospitality
Mandarin Oriental hosts charity gala in London

The hospitality brand is promoting philanthropic endeavors with the help of a global talent.

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Commerce
Alexander McQueen exec lands CEO role at Harvey Nichols

Hailing from an esteemed fashion house, Julia Goddard will start at the British department store in June 2024.

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Commerce
Nordstrom family circles back on plan to go private

The U.S. department store chain is forming a special committee to explore the possibility as American retail struggles to find its footing.

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Food and beverage
Ruinart to bring ‘Conversations with Nature’ to Frieze New York

Works from Andrea Bowers, the first U.S. artist to participate in the LVMH-owned Champagne house’s Carte Blanche program, will be shown at the international art fair in May.

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Consumer packaged goods
‘Writing royalty’: Montblanc celebrates Meisterstück’s centennial

The German luxury goods maker is uplifting the anniversary of an iconic product with a heritage-focused campaign and a limited-edition collection.

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Apparel and accessories
Jimmy Choo hits the green with golf-inspired capsule

The British footwear label is teaming up with a California-based lifestyle brand to drop athletic gear, from leather trainers to denim club covers and more.

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Luxury Unfiltered: Brand stories are the secret to creating desirability
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Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.

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Luxury Unfiltered: The mistake the luxury industry is making with AI
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Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.

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