New generation packing. Image courtesy of Valentino
Luxury Daily’s live news for Nov. 9:
Valentino introduces sustainable packaging
Italian fashion house Valentino is taking another step in its journey to sustainability with new recyclable packing, including shopping bags, boxes and tissue paper made with sustainable materials.
Please click here to read the article
Luxury fragrance sales push Coty past quarterly expectations
Beauty group Coty has reported strong growth with a 22 percent increase in revenue during the first quarter of its 2022 fiscal year, ending September 30, 2021.
Please click here to read the article
Saks Fifth Avenue welcomes diamond masterpiece to The Vault
U.S. department store Saks Fifth Avenue is hosting the latest artwork by Johnathan Schultz and Brendan Murphy, a unique platinum and diamond sculpture, “Frozen with Desire.”
Please click here to read the article
Estée Lauder UK commits $678K to nature restoration
Beauty group Estée Lauder U.K. and Ireland has unveiled details of its 500,000 pound, or $678,000 at current exchange rate, commitment to fund U.K.-based nature restoration projects over a five year period.
Please click here to read the article
IWC, Boom Supersonic partner in pursuit of innovation, sustainability
Swiss watchmaker IWC Schaffhausen has announced a new relationship with supersonic aircraft maker Boom Supersonic, in an effort toward incorporating sustainability across the supply chain.
Please click here to read the article
Fendi, Skims welcome a new age for luxury shapewear
With their new collaborative capsule collection, Italian fashion house Fendi and Kim Kardashian West’s undergarments brand Skims are bridging the gap between luxury fashion and lounge- and shapewear.
Please click here to read the article