Today in luxury marketing – Versace sells minority stake to Blackstone; Samsonite trumps LVMH as China retail moves downmarket; Porsche founder’s legacy hits Nazi past in Czech hometown; “American Horror Story” actress Jessica Lange named face of Marc Jacobs Beauty.
Kering’s profits plummeted and its debt rose in 2013, but the conglomerate’s luxury restructuring has already begun to pay off.
French luxury conglomerate Kering is showcasing its artistic side by co-hosting the first United States event for A Shaded View on Fashion Film with the French Institute Alliance Française in New York.
Italian automaker Lamborghini is continuing efforts to expand its work force and improve the labor environment following its reception of the Top Employers Italia 2014 Certification.
U.S. apparel brand Ralph Lauren has created a new position, president of Ralph Lauren Luxury Collections, to oversee the global expansion of its luxury business.
Jaguar Land Rover North America is targeting New York subway commuters with train takeover promotions for its Good to be Bad campaign.
In the days leading up to Valentine’s Day, a number of luxury brands sought out aspirational consumers with social contests centered on user-generated content or peer-to-peer communication.
French footwear maker Berluti is continuing its move toward a full-service lifestyle brand with the opening of a new boutique on New York’s Madison Avenue.
Toyota Corp.’s Lexus narrowed down a submission pool of 1,157 candidates to 12 winners for its 2014 Design Award.
