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Dec. 26, 2024
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News briefs

Day’s wrap: Chanel, Farfetch, Nordstrom and Condé Nast

August 25, 2021

The launch of Pre-Order includes offerings from Dolce & Gabbana, Balenciaga, Oscar de la Renta and more. Image credit: Farfetch

 

By Luxury Daily News Service

Luxury Daily’s live news for Aug. 25:

Chanel acquires majority stake in knitwear brand
French fashion label Chanel has acquired a majority stake in Italian knitwear manufacturer Paima, which has served as one of its long-time suppliers.

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Farfetch launches Pre-Order service, prioritizing sustainability
Online retailer Farfetch is launching a pre-order service for the first time, alongside a carbon-neutral brand and marketing campaign.

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Nordstrom notes continued recovery in Q2, increasing digital sales
U.S. department store chain Nordstrom has reported second quarter results, reflecting continued improvement in sales as it actively capitalizes on consumers’ eagerness to shop.

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Condé Nast appoints new Allure editor
Media group Condé Nast has named Jessica Cruel as the new editor in chief of Allure magazine.

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Ambassadors, storytelling propelling brands’ social media success
While there are myriad ways for a brand to make itself and its offerings known and visible on social media, some tactics are proving to earn more engagement than others.

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LATEST HEADLINES
MOST POPULAR
  1. IWC social snow globe stirs up winter memories
  2. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  3. Leading with pedigree, Range Rover promotes plug-in SUV
  4. Accor teams with space exploration company Orbite to forge new frontiers in hospitality
  5. Krug ID app creates mobile reference network for Champagne lovers
  6. Dior weaves codes and trends together in digital nail polish promotion
  7. Just how disruptive is Airbnb for luxury hotels?
  8. The most prolific duty-free shoppers have a penchant for luxury goods
  9. Saint Laurent Paris rebranding effort to settle over time
  10. New Jersey, Florida top list of luxury vacation home hotspots: Pacaso
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