Luxury Daily
Research
Investment migration host countries boosting climate resilience: Henley & Partners

An inaugural report details how many high-net-worth individuals are moving resources to mitigate financial risks associated with global warming.

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Jewelry
Chopard sponsors Red Sea International Film Festival for second year

The Swiss jeweler is renewing its relationship with the cinematic event.

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Commerce
Pernod Ricard promotes longtime exec to top regional post

Appointee Conor McQuaid has been with the French wine and spirits group for 25 years.

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Food and beverage
Cincoro Tequila reveals first collaboration, debuts limited-edition bottles

The ultra-premium spirits brand is releasing 150 rare units during Miami Art Week.

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Retail
MyGemma sees livestream, social media shopping soar

The luxury resale platform is turning its attention to sales generated by its telecast hub, which account for 15 percent of the company’s year-to-date revenue.

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Jewelry
David Yurman, SCAD join forces for tech-forward holiday project

Together with the university’s student-led production studio, the U.S. jeweler delivers a campaign with a computer-generated twist.

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Apparel and accessories
Thom Browne expands brand universe with Baccarat collaboration

The glassware capsule offers a peak into the multifaceted world of the American design house during an anniversary year.

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Commerce
Gucci faces worker strike in Rome

Dozens of the Italian fashion label’s employees halted operations on Monday in light of corporate relocation plans.

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Arts and entertainment
Dior dedicates new exhibition to female collaborators

American artist Judy Chicago and Mexican artist Elina Chauvet, who worked with the French fashion house on its latest Cruise collection, are among those featured.

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Travel and hospitality
St. Regis rolls out ‘House of Celebration’ holiday programming

The Marriott-owned luxury hotel chain is launches a curated event series across North America this season.

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Home furnishings
RH Indianapolis opens on renowned 151-acre estate

The California-based luxury home furnishings company’s latest retail gallery launch comes complete with a restaurant, design studio and more.

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Apparel and accessories
British creatives help rewrite rules at Burberry

Consistent with previous seasons in its pursuit of modernity, the fashion label’s spring 2024 campaign casts young English talents almost exclusively.

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Fragrance and personal care
Deals worth $1B or more to drive beauty M&A landscape over next two years: Kearney

Prestige brands fit the bill as players with pricing power and loyal customer bases remain highly attractive to investors, according to results from the global managing consulting firm’s executive survey.

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Automotive
With latest award, Bentley inches closer to zero waste-to-landfill status

The British automaker has earned Swiss carbon finance consultancy South Pole’s approval for a second consecutive year.

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Travel and hospitality
Mandarin Oriental Singapore releases skyline-inspired score

The symphonic arrangement highlights a penthouse with panoramic views, new to the multinational hospitality brand’s property.

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Commerce
Ex-L’Oréal exec to lead Stella McCartney as CEO

The British fashion house has tapped longtime luxury executive Amandine Ohayon to head the company.

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Jewelry
‘Van Cleef & Arpels: Time, Nature, Love’ exhibition lands in Seoul

Following visits to Milan, Riyadh and Shanghai, the South Korean city is the latest stop on the French jeweler’s world tour of 20th century works.

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Real estate
Upper Fifth Avenue persists as world’s priciest retail destination: report

Experts share that the Manhattan district remains the most expensive place to rent a storefront — luxury brands are continuing to set up shop regardless.

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QUOTE OF THE DAY
ESG and fashion: no US consumer buy-in
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As the fashion industry takes sustainability into regard, officials are making headway on “greenwashing” regulations.

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How ‘skimpflation’ is redefining the luxury customer experience
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Loosely defined as cutting back on the quality of products, “skimpflation” is having a significant impact on many luxury consumers.

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Why luxury brands should create a world of value for customers
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The new codes of luxury are increasingly shifting to center around an individual’s entire lifestyle, including diverse interests, areas of inspiration and global influences.

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Clarifying luxury brand values and positioning for an evolving marketplace
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An increasingly competitive marketplace requires the establishment of a unique blueprint for start-ups and heritage names alike.

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