Luxury Daily’s live news: Prada sees double-digit ecommerce growth for 2021; Balmain to launch gender-neutral fine jewelry collection; Bally names LA-based designer new creative director; Loewe reveals second Studio Ghibli capsule collection; Lexus embarks on dramatic mission in upcoming sci-fi movie.
Luxury Daily’s live news: Prada sees double-digit ecommerce growth for 2021; Balmain to launch gender-neutral fine jewelry collection; Bally names LA-based designer new creative director; Loewe reveals second Studio Ghibli capsule collection; Lexus embarks on dramatic mission in upcoming sci-fi movie.
Swiss apparel and accessories label Bally is reinforcing its refreshed brand ethos with the appointment of a new creative director.
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FOMO — fear of missing out — is propelling a global increase of affluent buyers in real estate, according to new research from Luxury Portfolio International.
Internet users are spending more time online, fueling the growth of social shopping.
The London-based company reported a 45 percent drop in revenue to $317 million for the first quarter ending June 30.
While off to a strong start in January, the Paris-based company attributed the drop to store closures first in China and then Europe, United States and Asia at the end of the quarter.
The new hire is expected to grow and expand Urban Zen worldwide, exporting its East-West mix of high-end apparel, accessories, furniture and home décor items, as well as Donna Karan’s wellness philosophy.
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