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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