During the four-day period from Black Friday to Cyber Monday, luxury consignment site The RealReal saw year-over-year growth across categories, including fine art, fashion and jewelry.
Arts and entertainment
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MIAMI – Compared to luxury, which typically serves some utilitarian function, art is the highest form of luxury, according to artist Tom Sachs last week at The New York Times International Luxury Conference.
Fendi and Giorgio Armani looked to Niche Media’s special-edition imprint for Art Basel Dec. 4-7 to promote their residential properties during a time frame when numerous wealthy individuals flock to Miami Beach for the annual art festival.
Bentley Motors is spinning its Power on Ice event this year with a philanthropic addition that allows consumers to enter to win a spot at the driving experience.
MIAMI – Philanthropic efforts have been enacted by many brands worldwide, but when it comes to efforts in Italy, the home country of many luxury houses, internal philanthropic works are sparse, according to an executive from Tod’s at The New York Times International Luxury Conference Dec. 3.
MIAMI – Fondazione Prada, the apparel house’s organization dedicated to the arts, is expanding its influence with a new permanent space in Milan, said an executive from the foundation at The New York Times International Luxury Conference on Dec. 3.
MIAMI – Fantasy and romance are disintegrating in modern society with the presence of social media, but maintaining a level of intrigue is vital for luxury brands, according to panelists at The New York Times International Luxury Conference Dec. 3.
MIAMI – Social media is changing the way consumers experience both fashion and art, creating a heightened level of accessibility, according to a panel at The New York Times International Luxury Conference Dec. 2.
MIAMI – Creating a long-term partnership allows brands to create not only a collaboration, but also a friendship with organizations that can lead to multi-year campaigns, according to an executive from Gucci at The New York Times International Conference Dec. 2.
U.S. fashion label Marc Jacobs has tapped artist Damien Hirst to create a limited-edition tee to benefit children in need.