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Dec. 23, 2024
  1. Mood of global millionaires in the pandemic-era
  2. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  3. Preloved items from Hermès hold highest resale value: The RealReal
  4. Luxury Unfiltered: When brands fall spectacularly short on client service
  5. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  6. What to look for when buying your first luxury watch
  7. Harry Winston emphasizes duality with new watch collection
  8. Luxury slowdown reached Richemont last quarter
  9. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  10. 2024: The challenge for luxury amid global and regulatory changes
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News briefs

Day’s wrap: Trump Organization indictment, Kering, Fendi and Ralph & Russo

July 1, 2021

The Trump Building at 40 Wall Street in Manhattan. Image credit: 40 Wall Street

 

By Luxury Daily News Service

Luxury Daily’s live news for July 1:

Trump Organization, CFO charged with tax crimes dating to 2005
Private U.S. business conglomerate the Trump Organization and its chief financial officer have been charged with felony tax crimes in New York.

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Kering Foundation pledges financing for women’s centers in France
French luxury goods conglomerate Kering is expanding its existing support for combating violence against women by helping fund the opening of 15 women’s centers across its home country.

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LVMH’s Fendi, Thélios debut first eyewear collaboration
Italy’s Fendi and eyewear company Thélios are exclusively partnering on the design, development, production and distribution of the fashion label’s eyewear category.

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Ralph & Russo sold to ecommerce group
British couture house Ralph & Russo has been acquired by Retail Ecommerce Ventures (REV), the latest indication that the luxury fashion sector is undergoing a period of consolidation.

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Is fur-free the new standard of fashion?
As sustainability remains a top concern among global luxury consumers, increasing numbers of fashion brands and retailers are ceasing the production and distribution of animal materials.

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LATEST HEADLINES
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  1. Mood of global millionaires in the pandemic-era
  2. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  3. Preloved items from Hermès hold highest resale value: The RealReal
  4. Luxury Unfiltered: When brands fall spectacularly short on client service
  5. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  6. What to look for when buying your first luxury watch
  7. Harry Winston emphasizes duality with new watch collection
  8. Luxury slowdown reached Richemont last quarter
  9. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  10. 2024: The challenge for luxury amid global and regulatory changes
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