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News briefs

Day’s wrap: Richemont, De Beers, Langham Hotel and US emission standards

August 6, 2021

Richemont has been reporting strong sales growth in the first half of 2021, and hopes to continue with new leadership. Image credit: Richemont

 

By Luxury Daily News Service

Luxury Daily’s live news for Aug. 6:

Richemont makes changes to board, looks to evolve governance
Swiss luxury goods conglomerate Richemont has announced the nominations of Jasmine Whitbread and Patrick Thomas for election to the board of directors.

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De Beers revenue up 141pc, diamond demand surges
British jeweler De Beers Group has reported revenue of $2.9 billion for the first half of 2021, up 141 percent year-over-year, driven by higher discretionary spending on luxury goods, including diamond jewelry.

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The Langham ‘raises the curtain’ on New York
Hong Kong-based Langham Hospitality Group is putting a center-stage spotlight on New York as it encourages travelers to revel in the city’s multitude of offerings.

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Automakers praise new Biden administration vehicle emissions standards
U.S. President Joe Biden has outlined a target of 50 percent electric vehicles sales share in 2030 through the Build Back Better Agenda and the advancement of smart fuel efficiency and emission standards.

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Is climate change threatening luxury travel?
With the consequences of climate change becoming more apparent with each passing season, luxury hospitality brands and travel agencies are starting to see an impact.

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  1. Leading with pedigree, Range Rover promotes plug-in SUV
  2. Dior creates ceremonial window displays from scratch, with scraps, for upcycled exhibition
  3. Off the Cuff: A Q&A with Vestiaire Collective's Samina Virk
  4. Luxury haircare market to reach $31.5B in revenue by 2027: report
  5. Top luxury campaigns of 2023: Louis Vuitton SS24
  6. Marvel heroes star in Swarovski’s spring/summer 2024
  7. Dolce & Gabbana pops up in Portofino
  8. Quarterly sales down at Versace, Jimmy Choo
  9. Cartier sets cities aglow in energetic holiday film
  10. LVMH spotlights internal environmental managers during Green Week 2017
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