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Dec. 23, 2024
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  5. Desirability, operational efficiency key to luxury brand growth: Accenture
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News briefs

Day’s wrap: Porsche, Bugatti, Estée Lauder, Fendi, Neiman Marcus and Saks

November 2, 2021

Mate Rimac is the new CEO of Bugatti Rimac. Image credit: Bugatti

 

By Luxury Daily News Service

Luxury Daily’s live news for Nov. 2:

Porsche, Rimac collaboration gets in gear
Volkswagen Group’s Bugatti and Porsche marques have begun doing business with Croatian hypercar maker Rimac as part of a new joint company.

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Estée Lauder Cos. sales jump double-digits in Q1 2022
Beauty group Estée Lauder Companies is seeing its bricks-and-mortar business recover, as all regions and product categories recorded a jump in net sales during the first quarter of fiscal year 2022.

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Fendi celebrates ‘hand in hand’ artisanship with new exhibit
Italian fashion house Fendi has unveiled a new, state-of-the-art exhibition honoring “hand in hand” craftsmanship.

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Neiman Marcus focuses on sustainable goods, services with enhanced partnerships
U.S. retailer Neiman Marcus Group is expanding several partnerships as it increases its focus on sustainable goods and services.

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Saks kicks off holiday shopping with interactive digital events
Luxury ecommerce platform Saks is celebrating the holiday season with virtual experiences to engage consumers.

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Future of influencer promotions lies with gamers: YouGov
Brands have increasingly shifted their focus and marketing spending on digital influencers to promote products and messages through channels including YouTube, Instagram and Twitch.

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  1. Happy Holidays!
  2. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  3. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  4. Mood of global millionaires in the pandemic-era
  5. Desirability, operational efficiency key to luxury brand growth: Accenture
  6. Preloved items from Hermès hold highest resale value: The RealReal
  7. Luxury Unfiltered: When brands fall spectacularly short on client service
  8. World's largest RH gallery opens in Newport Beach
  9. Wearables, AI at forefront of 2025’s digital trends: IMG
  10. Register Now: Luxury FirstLook 2020 New York Jan. 15
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