Luxury Daily
The authority in luxury news.
Dec. 21, 2024
  1. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  2. Accor developing Sofitel Diamond Crown Hai Phong in Vietnam
  3. Wearables, AI at forefront of 2025’s digital trends: IMG
  4. Off the Cuff: A Q&A with Aston Martin's Marek Reichman
  5. The RealReal opens retail location in Houston
  6. BMW sets record with funds raised for education at playoff event
  7. John Galliano leaves Maison Margiela creative director role
  8. Rebag reveals influence of celebrity style on secondhand market in 2024
  9. As Notre Dame reaches restoration milestone, Dior crafts couture moment
  10. Balenciaga Music bridges cultures with Chinese pianist Wu Muye
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News briefs

Day’s wrap: Pierre Cardin, Baccarat, Fenty, L’Oréal and luxury real estate

December 29, 2020

Pierre Cardin prided himself on his iconoclastic nature. Image credit: Pierre Cardin

 

By Luxury Daily News Service

Luxury Daily’s live news for Dec. 29:

Iconoclast designer Pierre Cardin dies at 98
Fashion designer Pierre Cardin has died at the age of 98, according to a statement put out by France’s Academy of Fine Arts on Twitter.

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Baccarat changes hands after Chinese owner defaults on loan payments
French crystal company Baccarat is under new ownership as a group of creditors have taken control of Fortune Legend Limited, a subsidiary of its Chinese parent company Fortune Fountain Capital.

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Fenty Skin hits the aisles at select beauty retailers, department stores
LVMH’s Fenty skincare line is widening its appeal with its global retail launch.

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L’Oréal widens reach in Asia with acquisition of Takami Co.
Beauty group L’Oréal has clinched a deal to snap up the Japanese skincare company Takami Co. as it looks to widen its influence across Japan and China.

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Luxury Daily debuts new conference focused on luxury real estate
Register now for free for Luxury Daily's State of Luxury Real Estate 2021 (SOLRE) eConference Thursday, Jan. 14. The daylong event will focus on how affluent consumers are shaping the real estate market as they flee cities for more space and social distance, enabled by remote working and schooling.

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Saks Fifth Avenue is 2020 Luxury Retailer of the Year
Department store chain Saks Fifth Avenue is Luxury Daily’s 2020 Retailer of the Year for its adaptability and successful digital advancements amidst the COVID-19 pandemic.

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  1. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  2. Accor developing Sofitel Diamond Crown Hai Phong in Vietnam
  3. Wearables, AI at forefront of 2025’s digital trends: IMG
  4. Off the Cuff: A Q&A with Aston Martin's Marek Reichman
  5. The RealReal opens retail location in Houston
  6. BMW sets record with funds raised for education at playoff event
  7. John Galliano leaves Maison Margiela creative director role
  8. Rebag reveals influence of celebrity style on secondhand market in 2024
  9. As Notre Dame reaches restoration milestone, Dior crafts couture moment
  10. Balenciaga Music bridges cultures with Chinese pianist Wu Muye
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Happy Holidays!
Estée Lauder Cos. establishes new fragrance innovation hub in Paris
Accor developing Sofitel Diamond Crown Hai Phong in Vietnam

The RealReal opens retail location in Houston
Wearables, AI at forefront of 2025’s digital trends: IMG
Off the Cuff: A Q&A with Aston Martin’s Marek Reichman