Chanel lets financial figures out of the bag
French fashion label Chanel has revealed that its sales totaled $9.62 billion in 2017, an increase of 11 percent from the previous year.
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Jumeirah heightens luxury restaurant offerings with new position
Jumeirah Hotels & Resorts is looking to refresh and reinvigorate its restaurant capabilities with a new chief culinary officer.
Bottega Veneta, Missoni, Miu Miu, travel, Balenciaga and EncoreJets – Live news
Luxury Daily’s live news from June 15 – Bottega Veneta taps former Céline designer as creative director; Missoni sells minority stake in company to aid global growth; Miu Miu goes clubbing at Lane Crawford; Travel is top universal passion among affluents; Musicians boost Balenciaga’s earned media in April; EncoreJets launches direct shuttle service between tourism hotspots.
Day’s wrap: Bottega Veneta, Missoni, Miu Miu, travel, Balenciaga and EncoreJets
Luxury Daily’s live news from June 15 – Bottega Veneta taps former Céline designer as creative director; Missoni sells minority stake in company to aid global growth; Miu Miu goes clubbing at Lane Crawford; Travel is top universal passion among affluents; Musicians boost Balenciaga’s earned media in April; EncoreJets launches direct shuttle service between tourism hotspots.
Musicians boost Balenciaga’s earned media in April
Kering-owned Balenciaga saw its earned media value rise 38 percent year-over-year in April, thanks to mentions from recording artists including Nicki Minaj.
Bottega Veneta taps former Céline designer as creative director
Kering-owned label Bottega Veneta has appointed Daniel Lee as its new creative director.
Bottega Veneta parts ways with Tomas Maier
After an almost two-decade-long tenure, Italian fashion brand Bottega Veneta’s creative director is exiting the brand.
Luxury brands must balance between tradition and innovation
NEW YORK – There are two pillars of luxury that brands must be able to balance: heritage and modernity.
Gucci, Stella McCartney, real estate and Tesla – News briefs
Today in luxury – With sales boom in mind, Gucci tightens grip on suppliers; Stella’s stone age: McCartney brings the outdoors in on Bond Street; Los Angeles mansion shoots for a record $135M; Tesla is cutting about 9pc of workers on Musk’s profitability push.
Christian Louboutin wins legal battle over red soles
French footwear label Christian Louboutin has won a trademark case in the European Union surrounding his signature crimson soles.