Luxury Daily

News briefs

Day’s wrap: LVMH, Cartier, Moncler, Four Seasons and Le Clos

Luxury Daily’s live news: LVMH kicks off 2022 Watch Week; Cartier announces Women’s Initiative impact awardees; Moncler goes fur-free; Four Seasons announces extensive 2022 development plans; Le Clos unveils 50-year-old exclusive whisky.

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Cartier announces Women’s Initiative impact awardees

Richemont-owned jeweler Cartier is celebrating the 15th anniversary of its Women’s Initiative with an impact report and nine first-time program participant awardees.

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Retail
What are the secrets to selling hard luxury to Gen Z in China?

Whereas luxury, in previous decades, was about exclusivity and conveying wealth and status through the object or logo itself, young luxury consumers today are public and open about their consumption habits and eager to share.

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Strategy
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News briefs
Kering, Tiffany & Co., Thierry Mugler, McLaren and US stocks

Luxury Daily’s live news: Kering sells Girard-Perregaux, Ulysse Nardin to its current management; Tiffany & Co., Pharrell announce new partnership; French designer Thierry Mugler dies at 73; McLaren debuts spring sportswear collection with Castore; US stocks impressively rebound after volatile Monday.

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Columns
When will the first luxury brand open its metaverse flagship store?

Up to 95 percent of all luxury purchase decisions are formed during the digital journey, making all digital brand touch points the new moments of truth.

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News briefs
Day’s wrap: Kering, Tiffany & Co., Thierry Mugler, McLaren and US stocks

Luxury Daily’s live news: Kering sells Girard-Perregaux, Ulysse Nardin to its current management; Tiffany & Co., Pharrell announce new partnership; French designer Thierry Mugler dies at 73; McLaren debuts spring sportswear collection with Castore; US stocks impressively rebound after volatile Monday.

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Financial services
US stocks impressively rebound after volatile Monday

Wall Street saw a roller coaster of a day on Jan 24., with the Dow Jones Industrial Average dropping more than 1,000 points before closing up for the da

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Automotive
McLaren debuts spring sportswear collection with Castore

British automaker McLaren Automotive is continuing its lifestyle push with another capsule collection in collaboration with British sportswear brand Castore.

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Jewelry
Tiffany & Co., Pharrell announce new partnership

LVMH’s Tiffany & Co. is collaborating with Grammy Award-winning musician Pharrell Williams in a new undertaking.

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Commerce
Kering sells Girard-Perregaux, Ulysse Nardin to its current management

French fashion conglomerate Kering has announced the sale of watchmakers Girard-Perregaux and Ulysse Nardin.

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Apparel and accessories
French designer Thierry Mugler dies at 73

French designer Thierry Mugler, who had a groundbreaking influence on fashion, has died at 73.

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Retail
What does Amazon’s physical fashion store mean for retail?

Ecommerce pioneer Amazon is making another push in the physical retail space, a strategy shift that may have wide-ranging implications.

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Marketing
Consumers seeking tech, restorative options in luxury: report

The future of luxury is innovative and continues to hold a sustainability focus, according to new findings from Wunderman Thompson.

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Apparel and accessories
Valentino looks to the past to celebrate the new year

Italian fashion house Valentino is celebrating Chinese New Year, which begins on Feb. 1, with a new collection inspired by the brand’s tiger print from 1967.

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Automotive
Audi elaborates on innovative future with skysphere concept

German automaker Audi is envisioning a free, limitless future in a new campaign.

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Retail
China luxury: More ups than downs, says Bain report

Repatriating high-end spending from hubs such as Paris, Milan and New York has been an aim for the Chinese government for years, and COVID-19 accelerated that process dramatically.

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Strategy
Subscribe now: Full access to 90,000+ articles, reports, videos and images

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world’s leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

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News briefs
Armani, Valentino, Aquazzura and L’Officiel

Luxury Daily’s live news: Armani names Tessa Thompson as newest ambassador; Valentino welcomes Bottega Veneta, Chanel alums in reorganization; Aquazzura ramps up omnichannel investment with new tech partner; L’Officiel acquired by AMTD International in metaverse push.

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Columns
3 predictions that may shape luxury retail this year

As we have learned in the last two years, change is always right around the corner, and 2022 will be no different.

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QUOTE OF THE DAY
What are the secrets to selling hard luxury to Gen Z in China?
By

Whereas luxury, in previous decades, was about exclusivity and conveying wealth and status through the object or logo itself, young luxury consumers today are public and open about their consumption habits and eager to share.

Share on FacebookShare on LinkedInShare on Twitter
When will the first luxury brand open its metaverse flagship store?
By

Up to 95 percent of all luxury purchase decisions are formed during the digital journey, making all digital brand touch points the new moments of truth.

Share on FacebookShare on LinkedInShare on Twitter
3 predictions that may shape luxury retail this year
By

As we have learned in the last two years, change is always right around the corner, and 2022 will be no different.

Share on FacebookShare on LinkedInShare on Twitter
Luxury retailers to hang on to pricing power this year after strong holiday season
By

Taking advantage of hot demand for certain products, the smartest luxury retailers analyzed pricing, inventory and demand trends to stay ahead of the market, confirming the consumer’s willingness to pay full price.

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