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News briefs

Day’s wrap: LVMH, Hermès, Mandarin Oriental, real estate partnership and Earth Day

April 22, 2021

The Hermes Victoria bag in Sylvania made out of Fine Mycelium, H Plume canvas and Evercalf calfskin. Image credit: MycoWorks

 

Luxury Daily’s live news for April 22:

LVMH expands partnership with Central Saint Martin
French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton is continuing its partnership with design school Central Saint Martin, launching Maison/0 for regenerative luxury.

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Hermès sees robust growth in Q1, prominent sales in Asia
French fashion house Hermès saw robust sales growth in the first quarter of 2021, propelled by strong performances from its clothing and leather goods divisions.

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Mandarin Oriental announces new additions and reopenings
Hotel group Mandarin Oriental is gearing up for a busy remainder of 2021, with upcoming openings and other announcements.

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Brokerages partner, helping affluents find second homes in New York, Florida
Two real estate brokerages from two of the most populous regions in the United States are partnering to make it easier for New Yorkers and Floridians to relocate or buy second homes.

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This Earth Day, brands continue to go green
Luxury brands across multiple sectors are highlighting their environmentally-friendly options and sustainability practices on Earth Day while illustrating how their efforts span past the confines of a single day.

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Consumer awareness, circular fashion driving “conscious” luxury growth: Farfetch
Consumers are drawn to sustainable fashion at growing rates, particularly in Asian markets, according to a new report from online retailer Farfetch.

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