Brioni enters fragrance market with Lalique Group licensing deal
This is Brioni’s maiden foray into a branded fragrance, now a typical occurrence for most luxury brands as they expand into lifestyle categories with more entry-level enticements.
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French luxury goods are target of new Trump administration tit-for-tat tariffs
Unless France climbs down from its position of taxing U.S. tech giants, the new Trump administration tariffs on unique Gallic products will affect French luxury brands big and small.
Luxury Daily, December 3, 2019 – French luxury goods are target of new Trump administration tit-for-tat tariffs
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How LVMH’s latest acquisition will shake up the luxury industry
LVMH’s monumental deal with Tiffany & Co. projects the luxury group into new heights, very likely stimulating a shift in strategy for Kering, Richemont and the entire luxury industry.
What next for Hong Kong luxury?
Even though the university protests are over, election results pro-democrats and the street melees subsided, the damage has been done: Hong Kong has taken a serious hit as an attraction for Mainland Chinese and overseas tourists looking for luxury goods and services.
Louis Vuitton, Acqua di Parma, online shopping and flying cars – News briefs
Today in luxury – Louis Vuitton has raised prices in China. Other brands could follow; Acqua di Parma’s Laura Burdese wants to “yellow-fy” the market; They see you when you’re shopping; What’s more fancy than a Porsche? A flying Porsche. Luxury automakers race to perfect the flying car.
Luxury Daily, November 27, 2019 – Resale, peer-to-peer platforms gaining ground with holiday shoppers
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Saint Laurent’s latest installment of Shanghai film invites self-introspection
Running two minutes and forty-four seconds, the short movie is a story set in Shanghai with dreamy sequences, sharp contrasts and fluid timelines.
Pride of ownership has given way to pride of access: Rent the Runway CEO
NEW YORK – Consumers are becoming less interested in acquisition and more interested in access, as trends ranging from urbanization to a Marie Kondo mentality make shoppers more mindful about their consumption, according to the CEO of Rent the Runway.
Luxury Daily, November 26, 2019 – Pride of ownership has given way to pride of access: Rent the Runway CEO
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