Luxury Daily
The authority in luxury news.
Nov. 16, 2024
  1. Authentic announces Barneys New York Residences in Tulum
  2. Alexandre Arnault named CEO of wines, spirits division at LVMH
  3. Louis Vuitton goes big with temporary NYC store
  4. Genesis House presents winter light installation
  5. Vestiaire Collective partners with influencers to combat fast fashion
  6. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  7. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  8. Leading with pedigree, Range Rover promotes plug-in SUV
  9. Off the Cuff: A Q&A with Natura Bissé's Patricia Fisas
  10. Luxury Unfiltered: The real reason luxury brands fail
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

News briefs

Day’s wrap: Ferrari, Walpole, Alexander McQueen, LVMH and luxury ecommerce

April 16, 2020

Italian automaker Ferrari is building respirator valves at its Maranello plant as part of its COVID-19 aid. Image courtesy of Ferrari Italian automaker Ferrari is building respirator valves at its Maranello plant as part of its COVID-19 aid. Image courtesy of Ferrari

 

By Luxury Daily News Service

Luxury Daily's live news:

Italy’s Ferrari to make valves for respirators, fittings for protective masks to aid COVID-19 health workers
Italian sports car maker Ferrari has begun production of respirator valves and fittings for protective masks at its Maranello plant as part of its support to health workers treating COVID-19 coronavirus patients.

Please click here to read the article

British luxury lobby Walpole inks deals with Cegid, moneycorp for member benefit
British luxury trade association Walpole has formed new partnerships with retail software firm Cegid and forex specialist moneycorp.

Please click here to read the article

Alexander McQueen and the art of upcycling fashion
How does Kering fashion house Alexander McQueen handle upcycling in an industry that has come under fire for waste and extravagance?

Please click here to read the article

LVMH first-quarter revenue drops 15pc to $11.5B over COVID-19 lockdowns
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton, slammed by COVID-19 lockdowns in its key markets worldwide, saw first-quarter revenue drop 15 percent to $11.5 billion compared to the year-ago period, or a 17 percent fall on an organic basis.

Please click here to read the article

Who are the third-party platforms driving luxury ecommerce?
If luxury companies were not already operating through ecommerce, the coronavirus pandemic has acted as a call to do so – not necessarily to offer a brand’s entire range of product, just enough to appease the demand of quarantined luxury shoppers.

Please click here to read the article

US department stores, in survival mode, offer deep discounts to boost online sales
U.S. department store chains are hungry for revenue, offering consumers tantalizing online discounts to keep the lights on in an extremely dark period as government-mandated COVID-19 lockdowns threaten the stability of an already perilous business model.

Please click here to read the article

Please click here to read the morning newsletter

 
LATEST HEADLINES
MOST POPULAR
  1. Authentic announces Barneys New York Residences in Tulum
  2. Alexandre Arnault named CEO of wines, spirits division at LVMH
  3. Louis Vuitton goes big with temporary NYC store
  4. Genesis House presents winter light installation
  5. Vestiaire Collective partners with influencers to combat fast fashion
  6. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  7. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  8. Leading with pedigree, Range Rover promotes plug-in SUV
  9. Off the Cuff: A Q&A with Natura Bissé's Patricia Fisas
  10. Luxury Unfiltered: The real reason luxury brands fail
VIDEOS
More Videos

MORE IN News briefs
Day’s wrap: Sephora, Selfridges, Burberry and Mercedes-Benz
Yoox Net-A-Porter, Tod’s, Audi and Emirates
Day’s wrap: Yoox Net-A-Porter, Tod’s, Audi and Emirates
Day’s wrap: Chrono24, eBay, Fendi and Aston Martin
LVMH, Prada Group, Neiman Marcus and Mercedes-Benz
Day’s wrap: LVMH, Prada Group, Neiman Marcus and Mercedes-Benz



RECENT ARTICLES
Alexandre Arnault named CEO of wines, spirits division at LVMH
Authentic announces Barneys New York Residences in Tulum
Genesis House presents winter light installation

Vestiaire Collective partners with influencers to combat fast fashion
Off the Cuff: A Q&A with Natura Bissé’s Patricia Fisas
Burberry overhauls strategy amid rocky interim results