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Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
Brunello Cucinelli advances in Asia, North America
Quarterly revenues at Richemont stall, sales crash in China
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JLR announces all models will soon feature FSC-certified tires
Dior to release skiwear capsule with F1 champion Lewis Hamilton
Luxury retail trade in Australia earns record $6.2B in 2023: CBRE
Selfridges adopts Snapchat-powered AR locker rooms in store
Bally, actor Adrien Brody release travel-inspired designs
Hermès expands boutique in Nantes, France

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Luxury Daily, June 4, 2024 – Globally, Gen X spending more on luxury trips than any other age group: McKinsey

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June 4, 2024

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Travel and hospitality Globally, Gen X spending more on luxury trips than any other age group: McKinsey
Contrary to popular belief, 80 percent of the market is comprised of people under 60, according to a new report from the consulting firm. Entire article

Apparel and accessories Brunello Cucinelli presents debut eyewear collection
The Italian fashion house is platforming the release in a playful, first-person narrative campaign film. Entire article

Commerce Estée Lauder Cos. takes full ownership of Deciem Beauty Group
The U.S. cosmetics corporation is furthering its investment in the science-based skincare space. Entire article

Strategy Follow @LuxuryDaily for the latest in luxury news FREE
Are you fluent in the language of luxury? For content, conversation and more, check out @luxurydaily on Instagram, LinkedIn and Twitter. Entire article

Jewelry Audemars Piguet revives Royal Oak Mini
Retailing for $34,400 each, the Swiss watchmaker is bringing back a vintage model in three new finishes. Entire article

Apparel and accessories Saint Laurent redesigns Wayfarer in Ray-Ban collaboration FREE
Worn in promotional shots featuring American model Hailey Beiber, just 1,750 of the French fashion house's accessories are available for purchase. Entire article

Apparel and accessories CFDA prepares to donate proceeds for Pride Month
The organization is supporting U.S. mental health nonprofit Bring Change to Mind this year, benefitting LGBTQ+ youth. Entire article

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