Luxury Daily’s live news from Dec. 18 – Last Saturday before Christmas to attract 148M US shoppers; 27pc of holiday shoppers plan to gift resale items this season: Deloitte; Kering, in transparency move, goes for 100pc traceable organic cotton; The Marc Jacobs enters French market with its first store; Major brands share outlook for 2020 – join us at Luxury FirstLook Jan. 15.
The Paris-based owner of such brands as Gucci, Brioni and Bottega Veneta will be the first company in the fashion and luxury businesses to offer such transparency with cotton sourcing.
Looking ahead to 2020 and a China market that is by no means as certain as it was in previous years, both LVMH and Kering know that diversity is key.
Today in luxury – Luxury malls expanding in pursuit of younger and less well-heeled customers; Barneys bankruptcy leads to rare luxury deals this Black Friday; Head of Kering’s watches and jewelry division steps down; VW’s Audi to cut 1 in 10 jobs to fund shift to electric vehicles.
Luxury Daily’s live news from Nov. 25 – LVMH’s $16.2B takeover of Tiffany opens opportunity for brand and line extensions; Kering Foundation fights gender-based violence through film; Loewe apologizes for clothing compared to concentration camp uniforms; Audi turns to messaging app to enhance e-tron service; Four Seasons shares culinary classics on social media.
Luxury Daily’s live news from Nov. 25 – LVMH’s $16.2B takeover of Tiffany opens opportunity for brand and line extensions; Kering Foundation fights gender-based violence through film; Loewe apologizes for clothing compared to concentration camp uniforms; Audi turns to messaging app to enhance e-tron service; Four Seasons shares culinary classics on social media.
Luxury group Kering is working to stem violence against women through its foundation’s latest filmmaking initiative.
New players, new locations and new shopping habits have changed the luxury market dramatically in the past five years.
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Luxury Daily’s live news from Oct. 25 – Saks bags retail license as Authentic Brands Group wins bid to buy Barneys New York; Alber Elbaz returns to fashion with Richemont alliance; Rebag seeks to standardize secondhand valuations via technology; BMW Group re-ups sponsorship of Art D’Égypte; Kering joins pledge to avoid Arctic shipping routes.
