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Nov. 14, 2024
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News briefs

Day’s wrap: Estée Lauder, Gucci, Lexus, British Fashion Council and Belmond

February 5, 2021

Estée Lauder Companies releases Q2 FY21 financial results: Estée Lauder

 

By Luxury Daily News Service

Luxury Daily’s live news for Feb. 5:

Estée Lauder shows signs of recovery with Q2 results
Beauty group Estée Lauder Companies has reported net sales of $4.85 billion for its second quarter, largely due to growth from its skincare and fragrance brands.

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Gucci Beauty debuts on Tmall
Coty-licensed Italian brand Gucci Beauty has launched its flagship store on Alibaba’s Tmall Luxury Pavilion, expanding its reach among Chinese affluents.

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Lexus foregoes Super Bowl LV spot
Toyota Corp’s Lexus has exchanged the highly coveted Super Bowl broadcast space for YouTube marketing opportunities.

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British Fashion Council, TikTok present fashion initiative
The British Fashion Council (BFC) and short-form video sharing platform TikTok have partnered to launch this year’s NewGen fashion initiative.

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Belmond opening tropical Caribbean hotel
LVMH-owned hospitality group Belmond is opening La Samanna, a beachfront hotel located on the French side of St. Martin, amid continued travel restrictions.

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Convenience, consciousness “new essentials” for brands
The COVID-19 pandemic has caused a shift in consumer sensibilities, and brands that respond to this change will be better positioned to earn their loyalty, according to a new study.

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  1. Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere
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  3. In Geneva, Christie’s records new high with Aga Khan emerald
  4. Viceroy Hotels debuts narrative-driven brand identity
  5. Art to comprise 11pc of UHNWI portfolios by 2026: Bank of America
  6. Belmond to launch new luxury sleeper train in England, Wales
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
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  9. Fortnum & Mason debuts Christmas window collaboration with Edinas Paper
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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