Gucci contributed more than half of the group’s overall revenue for the first half of the year. Image credit: Gucci
Luxury Daily’s live news for July 27:
Kering sees stable growth in the first half of 2022
French luxury conglomerate Kering has reported group revenue of $9.9 billion for the first half of 2022, up 23 percent from last year.
Tiffany & Co launches social impact platform
LVMH’s Tiffany & Co. has introduced the Tiffany Atrium, a social impact platform that aims to advance opportunities for historically underrepresented communities.
Breitling taps NFL player as new brand ambassador
Swiss watchmaker Breitling has unveiled professional American football player Trevor Lawrence as its newest brand ambassador.
Vestiaire Collective expands to South Korea
Luxury resale platform Vestiaire Collective is further solidifying its position in the Asia Pacific market by expanding to South Korea.
Richemont, Kering jewelry initiative names executive director
The Watch and Jewelry Initiative 2030, a joint sustainability project by luxury groups Richemont, Cartier and Kering, has appointed Iris Van der Veken as executive director and secretary general.