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Dec. 22, 2024
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News briefs

Day’s wrap: LVMH, Tod’s, Louis Vuitton, Apple, Salvatore Ferragamo and Neiman Marcus

April 23, 2021

LVMH and Tod’s have been closely tied for more than two decades. Image credit: Tod’s

 

By Luxury Daily News Service

Luxury Daily’s live news for April 23:

LVMH increases share in Tod’s to 10pc
French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton is further cementing its relationship with Italian fashion brand Tod’s by increasing its stake in the brand.

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Louis Vuitton taps BTS as newest ambassadors
French fashion house Louis Vuitton has announced South Korean band BTS as the brand’s latest ambassadors.

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Apple iOS 14.5, new devices coming next week
Tech giant Apple announced that an updated version of its mobile operating system will be available for iPhone and iPad users sometime next week, impacting digital and mobile marketers.

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Salvatore Ferragamo launches sustainability platform
Italian fashion house Salvatore Ferragamo is embracing the full scope of sustainability in fashion with its new “Sustainable Thinking” platform.

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Neiman Marcus announces sustainability strategy
U.S. retailer Neiman Marcus has introduced the development of the company’s first Environmental Social Governance (ESG) team, strategy and improvements.

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Ecommerce marketplaces must fight fake goods to build trust
Now that ecommerce marketplaces and social media platforms are critical sources for goods and services, brands must protect themselves and their consumers from online fraudulent behavior.

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  1. BMW sets record with funds raised for education at playoff event
  2. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  3. Montblanc cuts ribbon on concept flagship boutique in Chengdu
  4. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  5. BMW models top luxury auto shopper poll, Tesla slides
  6. Luxury Unfiltered: The self-inflicted luxury crisis
  7. Mergers and growth and consolidation, oh my!: Courts disallow Tapestry-Capri deal
  8. Vera Wang sells IP to brand management firm WHP Global
  9. Meta drops price on paid subscription tier in EU
  10. MGallery Collection wins Grand Prize for luxury tourism
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