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News briefs

Day’s wrap: Salvatore Ferragamo, Bentley, Rolls-Royce and $25K NFT hoodie

April 8, 2021

Ferragamo has no current plans to replace Paul Andrew. Image credit: Salvatore Ferragamo

 

Luxury Daily’s live news for April 8:

Paul Andrew departs Ferragamo after 2 years as creative director
Italian fashion label Salvatore Ferragamo and creative director Paul Andrew are parting ways in May, ending months of speculation.

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Bentley branches into branded residences
British automaker Bentley Motors is building its first branded residences, becoming the latest luxury marque to expand into real estate.

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Rolls-Royce celebrates new sales record
British automaker Rolls-Royce set a new sales record in the first quarter of 2021, delivering more vehicles than any quarter in its history.

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Crypto fashion brand introduces $25K NFT hoodie
British fashion label Overpriced is aiming to become the leading apparel brand for the “crypto generation” with the launch of its first season of NFT items.

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Digital authentication tools protect brands, consumers against fake luxury
The growth of ecommerce has contributed to an increase of counterfeit goods, but brand protection teams are turning to digitalization as a way to fight fraud.

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