Luxury Daily’s live news for July 28:
Kering revenues fall to $6.3B, despite exponential ecommerce growth
French luxury group Kering saw its revenues plunge about 30 percent in the first half of 2020 to 5.378 billion euro, or $6.309 billion at current exchange, as fallout continues after the coronavirus pandemic led to widespread store closures and drastically reduced tourism amid global lockdowns.
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Gucci curates genderless collections through MX Project
Italian fashion house Gucci is emphasizing self-expression with the introduction of the MX Project, a curated collection of genderless apparel, accessories and footwear.
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Rolls-Royce shares more behind-the-scenes details of new Ghost
Rolls-Royce Motor Cars is rolling out an extensive multichannel campaign as the British automaker continues to hype the upcoming reveal of the new Ghost.
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Alrosa launches Diamonds That Care collaboration
Alrosa, the world’s largest diamond miner, is partnering with a lab-grown diamond creator to launch a responsible jewelry collection as part of its Diamonds That Care initiative.
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Fashion must radically reduce its contribution to biodiversity loss
It is time for the apparel industry to radically reduce its contribution to biodiversity loss, argues McKinsey & Co.
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