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Dec. 23, 2024
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News briefs

Day’s wrap: Estée Lauder, Zenith, Sotheby’s, luxury sanctions and Russia-Ukraine webinar

February 28, 2022

John Demsey posted a meme with racial slurs, and the company is holding him accountable. Image credit: Estée Lauder

 

By Luxury Daily News Service

Luxury Daily’s live news for Feb. 28:

Estée Lauder fires group president
U.S. beauty group Estée Lauder Companies has asked group president John Demsey to resign effective this week following a recent post on his personal Instagram account.

Please click here to read the article

Zenith partners with Nona Source in upcycling initiative
Swiss watch manufacturer Zenith has announced a new project in collaboration with sustainable textile startup Nona Source to use excess fabric from the company’s brands for watch straps.

Please click here to read the article

Sotheby’s taps Ryan Murphy to guest curate contemporary auction
Auction house Sotheby’s has invited Emmy Award-winning producer and filmmaker Ryan Murphy to guest curate its upcoming “Contemporary Curated” auction on March 11.

Please click here to read the article

Italy denies sanction exemption, luxury preps for strict regulations
Italian government officials have shut down reports that the country requested Russian sanction exemptions amid the Ukraine invasion.

Please click here to read the article

Free webinar: How Russia’s invasion of Ukraine will impact the luxury market
Register now for this free webinar Friday, March 4 at 11 a.m. to noon ET (New York time) on how Russia's invasion of Ukraine will likely impact the luxury market, with potential consequences for brands if affluent consumers shift behavior.

Please click here to register

Please click here to read the morning newsletter

 
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  1. Happy Holidays!
  2. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  3. Mood of global millionaires in the pandemic-era
  4. Preloved items from Hermès hold highest resale value: The RealReal
  5. Luxury Unfiltered: When brands fall spectacularly short on client service
  6. World's largest RH gallery opens in Newport Beach
  7. Erewhon to pilot pop-up juice bar in Las Vegas during F1 weekend
  8. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  9. Ginori 1735 spotlights holiday tradition
  10. Welcome to the new Luxury Daily
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