Luxury Daily’s live news: Trade groups respond to US ban on Xinjiang cotton; Gucci celebrates Lunar New Year with anime-inspired collection; 2021 LVMH Prize for Young Designers now open for submissions; Lexus transforms into ultimate gaming vehicle; Nordstrom see holiday sales dip, but expects growth in Q1; Webinar: Why authenticity matters even more for luxury brands as post-pandemic consumer evolves.
Fashion and retail trade associations are showing support for a new order from the United States Customs and Border Protection (CBP) to withhold cotton products and tomato products produced in China’s Xinjiang Uyghur Autonomous Region (XUAR) at all U.S. ports of entry.
Practicing sustainability will soon be seen as the bare minimum for luxury brands, but embracing environmentally-minded policies can build long-term value.
Though consumer sentiment is embracing animal welfare, China remains the largest market for fur consumption. And now, given the implications of the pandemic, the country could become the world’s leading supplier of fur, too.
British automaker McLaren Automotive is joining the membership of British luxury representative body Walpole, taking its place alongside esteemed brands such as Burberry, Fortnum & Mason and Claridge’s.
Italian fashion label Gucci is setting itself apart from the biggest luxury brands by consistently placing sustainability at the forefront of its marketing efforts.
Fans looking to engage with Bottega Veneta online may be disappointed when they are greeted with a “page not found” message.
Italian luxury brand Bottega Veneta has severed ties with Facebook, Instagram and Twitter in a move that will make the label more exclusive.
British fashion brand Stella McCartney is starting the new year with the launch of a capsule collection made from repurposed and upcycled materials.
The United Kingdom is entering a strict lockdown for at least six weeks, as the country tries to keep the latest wave of COVID-19 infections from overwhelming the healthcare system.
