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News briefs

Day’s wrap: Dior, prime real estate, supply chain, fashion ad spend and Chinese sneakers

July 31, 2020

The yearlong program of 15 courses focuses on gender equality and women’s leadership for a responsible future. Image courtesy of Christian Dior Women@Dior focuses on gender equality and women’s leadership for a responsible future. Image courtesy of Christian Dior

 

By Luxury Daily News Service

Luxury Daily’s live news for July 31:

Dior joins UNESCO educational response to COVID-19
French fashion label Christian Dior is joining the UNESCO Global Education Coalition, building on an existing relationship between Dior-owner LVMH and the organization.

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Prime real estate prices dip beyond Asia in Q2: Knight Frank
As the coronavirus pandemic became widespread during the second quarter of 2020, worldwide prime real estate prices reached their lowest rate of annual growth since the worst of the global financial crisis in Q4 2009.

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Delta Global introduces bespoke supply chain management platform
With COVID-19 putting unexpected and prolonged stress on the global supply chain, a luxury packaging provider has launched a new intelligence platform to streamline sustainable supply chains.

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Fashion ad spend down, with some bright spots: report
Fashion ad spend fell 45 percent year-over-year during the second quarter of 2020, although there has been fluctuations across fashion sectors.

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Meet the consumer class fueling China’s sneaker market
After approximately 9.5 million students took the Gaokao — China’s national college entrance exam, which ended on June 9 this year — sneaker launches, resales and auctions across the country have seen their businesses thrive despite the ongoing COVID-19 pandemic.

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What are Hong Kong’s hurdles and opportunities for luxury brands?
Hong Kong, this bustling metropolis, is now in a transition period, facing both challenges and opportunities that will redesign the future of the city in the years to come.

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  1. Mood of global millionaires in the pandemic-era
  2. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  3. Preloved items from Hermès hold highest resale value: The RealReal
  4. Luxury Unfiltered: When brands fall spectacularly short on client service
  5. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  6. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  7. What to look for when buying your first luxury watch
  8. Harry Winston emphasizes duality with new watch collection
  9. Luxury slowdown reached Richemont last quarter
  10. All-new 2024 Lexus GX SUV stars in annual holiday campaign
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