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News briefs

Day’s wrap: LVMH, Aston Martin, Tiffany & Co., Bentley and Nordstrom

November 25, 2020

LVMH commits to gender equality initiatives on International Day for the Elimination of Violence against Women. Image credit: LVMH

 

Luxury Daily’s live news for Nov. 25:

LVMH announces commitment alongside French Ministry for gender equality, diversity and equal opportunities
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has pledged to fight for the elimination of violence against women in celebration of International Day for the Elimination of Violence against Women on Nov. 25.

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Aston Martin Residences Miami welcomes first DBX to the Americas
British automaker Aston Martin unveiled the first models of its sports utility vehicle DBX at the Aston Martin Residences in Miami.

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Tiffany & Co. leads luxury jewelers making strides toward ethical sourcing: Human Rights Watch
New York-based Tiffany & Co. received a “strong” ranking in a new report from Human Rights Watch on responsible sourcing in the jewelry industry, while fellow luxury jewelers Bulgari and Cartier were scored as “moderate.”

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Bentley supports rising photographers through debut IAP Awards sponsorship
British automaker Bentley has announced its sponsorship of the International Automotive Photography Awards, which aims to establish and promote the best young automotive photography talent globally.

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Nordstrom reports positive growth in third quarter earnings
U.S. department store chain Nordstrom reported third quarter results on Nov. 24, which reflected sequential improvement in sales and earnings relative to the prior quarter.

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Brands must embrace transparency to add credibility to sustainability efforts
As the demand for sustainability has accelerated due to the pandemic, luxury companies must look beyond supply chains to make a lasting social and environmental difference.

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