Day’s wrap: Bulgari, Moët Hennessy Diageo, LVMH, Mercedes-Benz, Oscar de la Renta and Monaco

May 19, 2020

LVMH chairman/CEO Bernard Arnault stresses the group's resilience and adherence to standards in his 2019 annual report message to shareholders. Image credit: LVMH

By Luxury Daily News Service

Luxury Daily's live news:

Bulgari, Moët Hennessy Diageo pitch in with Japan COVID-19 relief efforts
LVMH brand Bulgari and joint venture MHD Moët Hennessy Diageo K.K. are pitching in to help healthcare workers on the frontlines of the COVID-19 coronavirus outbreak in Japan.

Please click here to read the article

LVMH releases interactive version of 2019 annual report
LVMH Moët Hennessy Louis Vuitton has released its 2019 annual report outlining the progress that the French luxury conglomerate made last year, while acknowledging the challenges ahead with the ongoing COVID-19 coronavirus crisis that has shaken the foundations of businesses worldwide.

Please click here to read the article

Germany’s Mercedes-Benz, absent live events, to debut new broadcast-style digital platform for media
German automaker Mercedes-Benz is adapting to the sign of the times with the launch of a new digital media platform to inform media about new products, updates, tech innovations and corporate developments.

Please click here to read the article

US fashion label Oscar de la Renta goes for shopper installment payment plan with Affirm deal
The additional payment option will let the New York-based brand make its merchandise more appealing to millennials and Gen Z prospects and customers who prefer to buy runway styles online and pay for them over time.

Please click here to read the article

COVID-19’s impact on Monaco’s real estate market
The Mediterranean principality of Monaco May 4 lifted its COVID-19 lockdown after nearly two months of mandating all but non-essential businesses to stop in-person trade in bricks-and-mortar locations.

Please click here to read the article

Global wealth grew 50pc over last decade, but future outlook uncertain
Worldwide wealth and the wealthy population increased by more than 50 percent over the last decade and the number of global millionaires doubled between 2005 and 2019 to more than 25 million individuals. But the current crisis leaves the future uncertain.

Please click here to read the article

Please click here to read the morning newsletter

Share your thoughts. Click here

Day’s wrap: Bulgari, Moët Hennessy Diageo, LVMH, Mercedes-Benz, Oscar de la Renta and Monaco

In Geneva, Christie’s records new high with Aga Khan emerald

Meta drops price on paid subscription tier in EU

Belmond to launch new luxury sleeper train in England, Wales

Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere

Fortnum & Mason debuts Christmas window collaboration with Edinas Paper

Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear

Rolls-Royce brings new showroom to Abu Dhabi

Loro Piana, Harrods celebrate holidays

Diageo launches new division for luxury brands, experiences

Manolo Blahnik opens first Shanghai store