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Nov. 15, 2024
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Food and beverage

Should luxury brands expand into food production to get “essential services” classification?

June 16, 2020

LVMH's Moet& Chandon could offer snacks to go with its wines. Image credit: LVMH LVMH's Moet& Chandon could offer snacks to go with its wines. Image credit: LVMH

 

By Dianna Dilworth

When the world shut down for the COVID-19 coronavirus outbreak, the luxury business was hit across sectors from retail to travel, forcing many brands to explore new revenue streams to help hedge their bets in future pandemics.

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  1. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  2. Belmond to launch new luxury sleeper train in England, Wales
  3. Diageo launches new division for luxury brands, experiences
  4. Meta drops price on paid subscription tier in EU
  5. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  6. Bentley anticipates first electric SUV, arriving in 2026
  7. Loro Piana, Harrods celebrate holidays
  8. Rolls-Royce brings new showroom to Abu Dhabi
  9. Burberry appoints new chief product merchandising officer
  10. Improving mine-to-market traceability remains critical: Natural Diamond Council
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