The recent engagement with emerging Chinese talent shows that luxury brands are not just looking to capitalize on established names — they are localizing their own relevance by investing in young talent from the country.
In the fourth quarter of 2022, Channels’ in-feed ads generated $145 million (1 billion RMB) in sales, becoming a key revenue driver for the company.
The LVMH-owned winemaking operation is out with a new short film celebrating the senses.
Revenues at French luxury conglomerate LVMH Moët Hennessy Louis Vuitton are racing ahead in the face of economic uncertainty.
Luxury Daily’s live news: Kering to bestow Women In Motion award upon actress Michelle Yeoh at Cannes Film Festival 2023; Galeries Lafayette enters joint venture to establish 10 stores in China by 2025; Hermès opens second leather goods workshop in Normandy; Belmond rolls out roaming spa experience with Dior Beauty.
Luxury Daily’s live news: Kering to bestow Women In Motion award upon actress Michelle Yeoh at Cannes Film Festival 2023; Galeries Lafayette enters joint venture to establish 10 stores in China by 2025; Hermès opens second leather goods workshop in Normandy; Belmond rolls out roaming spa experience with Dior Beauty.
World’s leading luxury business publication April 4, 2023 Read more on luxurydaily.com | Subscribe | Sign In Access 90,000+ articles, reports & videos SUBSCRIBE NOW Jewelry Boucheron revisits fine jewelry fundamentals for ‘Basic Not Basic’ The maison has once again redesigned the Quatre collection, a house classic, this time adding new messaging and […]
Globally, mainland Chinese buyers will boost demand for luxury items by 20 percent in just 2023 alone.
Luxury Daily’s live news: HNW investors will stay the course, for now, survey finds; Fendi refurbishes rooms in Villa Medici with help from international designers; The RealReal adds new customer service features powered by Salesforce; US News lends Lexus ‘Best Luxury Hybrid’ title for 2023.
