As news of online retailer Farfetch’s recent acquisition of Yoox Net-a-Porter (YNAP) from Swiss luxury conglomerate Richemont makes its rounds, so too must considerations for the common denominator demographic between all parties involved.
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Nine new fashion and luxury professionals have joined the committee this year, taking the total to 59 executives, editors and celebrities. Model Gigi Hadid joins the panel as showroom ambassador for the semi-final of the 2020 LVMH Prize.
Europe and the United States showed good growth last year, and so did Asia, despite a difficult environment in Hong Kong in the second half of 2019.
Despite the challenging market in Hong Kong, French conglomerate LVMH Moët Hennessy Louis Vuitton still saw revenue growth in Asia during the third quarter.
Merchandising is evolving in the ecommerce era, as retailers need to consider multiple channels and consumers’ heightened bricks-and-mortar expectations.
Today in luxury – Dior pulls “Sauvage” campaign after facing appropriation backlash; 24S extends site to menswear with exclusives from 20 labels; 20 minutes with: IWC CEO Christoph Grainger-Herr on sustainable luxury watchmaking; After rush to beat new tax, Manhattan luxury-apartment sales slump.
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Spanish apparel and accessories house Loewe is sharing a more personal side of its creative director through a short film set in Ibiza.
