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.
French conglomerate Kering is among the companies joining a new pledge from Ocean Conservancy and Nike against using Arctic shipping routes.
Luxury Daily’s live news from Oct. 24 – Hermès, on a tear, posts 16pc growth to €5B in Q3 sales; Mandarin Oriental to ban single-use plastic across all hotels; Buoyed by Gucci and YSL, Kering sees 14.2pc surge in Q3 sales to €3.88B; Aston Martin rolls out limited-edition motorcycle; Ssense caters to its millennial, Gen Z shoppers with mobile app.
Luxury Daily’s live news from Oct. 24 – Hermès, on a tear, posts 16pc growth to €5B in Q3 sales; Mandarin Oriental to ban single-use plastic across all hotels; Buoyed by Gucci and YSL, Kering sees 14.2pc surge in Q3 sales to €3.88B; Aston Martin rolls out limited-edition motorcycle; Ssense caters to its millennial, Gen Z shoppers with mobile app.
The growth, slightly lower than fellow French rival Hermès’ third-quarter numbers, is up 11.2 percent on a comparable basis. Like Hermès, Kering’s top-performing region was Asia Pacific.
Eyewear maker Safilo will continue to collaborate with Kering Eyewear on the production and supply of Gucci-branded frames for another three years.
Luxury Daily’s live news from Oct. 4 – Financial Times nabs Lauren Indvik away from Vogue Business; Ulysse Nardin helps vets hit the waves; Virtuoso ramps up tech focus with new hire; Hennessy toasts to Hispanic Heritage Month with musical partnership; Kering hosts hackathon to support sustainable luxury; London welcomes art, luxury lovers for Frieze.
Luxury Daily’s live news from Oct. 4 – Financial Times nabs Lauren Indvik away from Vogue Business; Ulysse Nardin helps vets hit the waves; Virtuoso ramps up tech focus with new hire; Hennessy toasts to Hispanic Heritage Month with musical partnership; Kering hosts hackathon to support sustainable luxury; London welcomes art, luxury lovers for Frieze.
Luxury conglomerate Kering is looking to leverage technology solutions to help work towards a sustainable future in fashion.
Luxury Daily’s live news from Oct. 3 – Kering teams with Phaidon, Artspace on art for a cause; Rolls-Royce reveals new vision for Art Program; Leonard A. Lauder to be lauded at Lincoln Center gala; Christofle celebrates sharing in special-editions; Holiday sales growth projected to be steeper this year; Guerlain appoints new CEO from within LVMH.
