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News briefs

Day’s wrap: Kering, Valentino, The Macallan and Neiman Marcus Group

May 28, 2021

The Valentino Code Temporal haute couture show in Rome in January 2021. Image courtesy of Valentino

 

By Luxury Daily News Service

Luxury Daily’s live news for May 28:

Kering sells more Puma shares for $980M
French luxury conglomerate Kering has sold a 5.9 percent share of German sportswear company Puma for about 805 million euro, or $980.6 million at current exchange.

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Valentino to show next haute couture collection in Venice
Italian fashion label Valentino will present its fall/winter 2021-22 haute couture collection live in Venice, the latest sign that the fashion industry is returning to normalcy amid the COVID-19 pandemic.

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The Macallan celebrates Father’s Day with unique culinary class
Scottish whisky maker The Macallan is toasting to father figures with a special culinary experience.

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Neiman Marcus Group partners with Human Rights Campaign for Pride Month
U.S. retail group Neiman Marcus Group is introducing several corporate and store programs to mark Pride Month in June.

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Solutions to fashion’s sustainability problems lie in supply chains
Sustainability is a balancing act for luxury fashion brands that want to continue selling clothing, but examining supply chains is essential to addressing the industry’s harmful impacts.

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  1. Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere
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  3. In Geneva, Christie’s records new high with Aga Khan emerald
  4. Viceroy Hotels debuts narrative-driven brand identity
  5. Art to comprise 11pc of UHNWI portfolios by 2026: Bank of America
  6. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  7. Belmond to launch new luxury sleeper train in England, Wales
  8. Diageo launches new division for luxury brands, experiences
  9. Meta drops price on paid subscription tier in EU
  10. Capri Holdings, Tapestry abandon plan to merge
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