French luxury conglomerate Kering has partnered with African-American fashion designer Kerby Jean-Raymond to launch a new platform meant to groom the next generation of innovators.
The shifts that we saw over the first half of 2020 will change the playbook for most luxury brands.
Luxury Daily’s live news: Kering revenues fall to $6.3B, despite exponential ecommerce growth; Gucci curates genderless collections through MX Project; Rolls-Royce shares more behind-the-scenes details of new Ghost; Alrosa launches Diamonds That Care collaboration.
Luxury Daily’s live news for July 28: Kering revenues fall to $6.3B, despite exponential ecommerce growth; Gucci curates genderless collections through MX Project; Rolls-Royce shares more behind-the-scenes details of new Ghost; Alrosa launches Diamonds That Care collaboration.
French luxury group Kering saw its revenues plunge about 30 percent in the first half of 2020 to 5.378 billion euro, or $6.309 billion at current exchange, as fallout continues after the coronavirus pandemic led to widespread store closures and drastically reduced tourism amid global lockdowns.
The 15-year-old brand is the brainchild of Dennis Chan, who blends Chinese heritage with modern design and a whimsical spirit to create jewelry pieces that are resonating in China.
Luxury Daily’s live news: Kering publishes first biodiversity strategy as part of ambitious sustainability push; Cartier turns to China, South Korea for upgraded Pasha de Cartier watch launch; Ferrari receives equal salary certification for pay parity between men and women; Suzy Menkes’ departure will leave gaping hole in Condé Nast’s fashion overview;
Luxury Daily’s live news: Kering publishes first biodiversity strategy as part of ambitious sustainability push; Cartier turns to China, South Korea for upgraded Pasha de Cartier watch launch; Ferrari receives equal salary certification for pay parity between men and women; Suzy Menkes’ departure will leave gaping hole in Condé Nast’s fashion overview;
Luxury conglomerate Kering has unveiled a new dedicated biodiversity strategy with a series of new targets to achieve a “net positive” impact on biodiversity by 2025.
Luxury Daily’s live news: Modern Luxury, raising funds for COVID-19 relief, to auction original art for Hope Issue cover; French chefs, under LVMH auspices, invite pandemic-tackling hospital employees for thank-you meal; Harry Potter star Emma Watson appointed to Kering board of directors; Gucci debuts campaign with Jane Fonda for first sustainable line of merchandise; Japan’s Lexus, in a first, turns to augmented reality app to debut new sport sedan.
