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News briefs

Day’s wrap: Four Seasons, Chanel, Lanvin, Mercedes-Benz, Ritz-Carlton and Luxury Women to Watch 2023

October 17, 2022

A photo of Pharrell in Chanel A new partnership between Chanel and Pharell Williams will give Black and Latinx entrepreneurs access to some of luxury's best resources, with further insight from industry heavyweights. Image credit: Chanel

 

Luxury Daily’s live news for Oct. 17:

Four Seasons supports strategic shifts with new CEO

After a recent global rebrand, luxury hospitality group Four Seasons is announcing a major executive shift.


Chanel, Pharrell Williams announce partnership, extend support to Black and Latinx entrepreneurs

French fashion house Chanel is lending long-term resources to emerging entrepreneurs of color, in conjunction with longtime collaborator and music magnate Pharrell Williams.


Lanvin Group valuation, down $250 million, contends with exceptionally high H1 earnings

Shanghai-based luxury fashion firm Lanvin Group is reporting one of the year's largest luxury earnings leaps, while simultaneously initiating a drastic discount, in the lead-up to its SPAC listing.


Mercedes-Benz imbues fleet with immersive audio feature

German automaker Mercedes-Benz is making Apple Music's Spatial Audio technology the standard across all vehicles.


Ritz-Carlton kicks off first superyacht excursion

Hospitality group Ritz-Carlton’s Yacht Collection is marking a foray into luxury yachting with the deployment of its supersized debut vessel.


Introducing Luxury Women to Watch 2023

Luxury Daily annually honors smart women executives who show the potential to make a difference next year in the luxury business.


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