The house saw revenue increase 21 percent year-over-year. Image credit: Burberry
Luxury Daily’s live news for May 18:
Burberry shows strong momentum in closing FY22
British fashion label Burberry ended its fiscal year 2022 on an upswing, despite COVID-19 lockdowns and other global challenges.
Fendi announces new store in Greece
Italian fashion house Fendi is going Greek with its new boutique in Mykonos.
Mercedes becomes first automotive member of Aura Blockchain Consortium
German automaker Mercedes-Benz is joining the Aura Blockchain Consortium of luxury brands as a founding member.
Van Cleef & Arpels goes full floral at King of Prussia mall
French jeweler Van Cleef & Arpels is getting artistic with a popup at Pennsylvania’s King of Prussia mall.
Ulysse Nardin announces first sustainable watch release
Swiss watchmaker Ulysse Nardin is stepping up its sustainability strides with the release of a timepiece largely composed of recycled fishing nets.