Luxury Daily
Travel and hospitality
The Luxury Collection taps Margherita Missoni for travel-inspired design

Marriott International’s The Luxury Collection is unveiling its third collaboration with Italian fashion designer Margherita Maccapani Missoni.

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Apparel and accessories
Japanese streetwear pioneer Nigo to lead Kenzo

French fashion label Kenzo is embracing its Japanese heritage and contemporary streetwear sensibilities with the appointment of a new artistic director, Nigo.

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Fragrance and personal care
Valmont teams with Jet Edge, Montage for in-flight skin treats

Swiss beauty brand Valmont is partnering with private aviation firm Jet Edge and ultra-luxury hospitality management company Montage International to enhance travel experiences.

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Retail
Neiman Marcus supports diverse talents, creatives for Hispanic Heritage Month

U.S. retailer Neiman Marcus Group is celebrating Hispanic Heritage Month with in-store activations and workforce partnerships.

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Retail
How Amazon Luxury Stores has evolved, one year later

A year after ecommerce giant Amazon launched Luxury Stores, the high-end platform continues to expand its offerings and welcome more brands into the fold.

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Real estate
At-home comfort becomes the ultimate luxury

The meaning of home has fundamentally changed since the start of the COVID-19 pandemic, and affluent consumers’ changing relationships with their residences will influence design trends for years to come.

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Retail
Harrods transforms into playground of expression

British department store chain Harrods is illustrating the beauty of expression with a vibrant new short film starring poet, trans-visibility crusader and model Kai-Isaiah Jamal.

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Automotive
Porsche provides ultimate canvas in artistic effort

German automaker Porsche is presenting one of its vehicles as the ultimate canvas in a new campaign starring acclaimed South African artist Nelson Makamo.

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Webinars
Last chance to register: Mood of global millionaires in the pandemic-era

Register now for this free webinar Sept. 15 at 10:30 a.m. to 11:30 a.m. ET (New York time) focused on the mood of global millionaires in the pandemic-era, especially in the United States, China, India, United Kingdom, France and Japan. Join us on this research-based session!

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Strategy
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News briefs
Sotheby’s, Mytheresa, Mandarin Oriental, Maserati and holiday shopping forecast

Luxury Daily’s live news: Sotheby’s auctioning Karl Lagerfeld estate; Mytheresa sees strong 35.2pc sales growth y-o-y; Mandarin Oriental expands residential presence in Beverly Hills; Maserati joining luxury retail experience in London; Holiday spending expected to reach $1.3T.

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Marketing
5 key consumer trends for the post-COVID-19 era

The impact of the pandemic has not only accelerated but also unlocked pre-existing consumer trends. And many of these behavioral changes in China are likely to remain in the post-pandemic era.

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News briefs
Day’s wrap: Sotheby’s, Mytheresa, Mandarin Oriental, Maserati and holiday shopping forecast

Luxury Daily’s live news: Sotheby’s auctioning Karl Lagerfeld estate; Mytheresa sees strong 35.2pc sales growth y-o-y; Mandarin Oriental expands residential presence in Beverly Hills; Maserati joining luxury retail experience in London; Holiday spending expected to reach $1.3T.

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Retail
Holiday spending expected to reach $1.3T: Deloitte

Holiday retail sales are likely to increase between 7 and 9 percent in 2021 totaling $1.28 to $1.3 billion between November and January, according to an annual holiday retail forecast by consulting firm Deloitte.

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Real estate
Mandarin Oriental expands residential presence in Beverly Hills

Mandarin Oriental Hotel Group has announced it is heading west and will brand and manage 54 luxury residences in Beverly Hills, set to open in 2022.

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Automotive
Maserati joining luxury retail experience in London

Italy’s Maserati has announced it will be the sole automotive brand at Situ Live, a new retail experience opening at retail hub Westfield London in the fall.

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Retail
Mytheresa sees strong 35.2pc sales growth y-o-y

Online luxury retailer Mytheresa is witnessing significant sales growth, having reported net sales at $723.6 million for its 2021 fiscal year, a growth of 36.2 percent compared to 2020 and 61.5 percent compared to 2019.

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Arts and entertainment
Sotheby’s auctioning Karl Lagerfeld estate

Auction house Sotheby’s has announced plans to host an upcoming auction selling more than 1,000 lots from the late designer’s residences in France and Monaco.

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QUOTE OF THE DAY
Beyond Beeple: The real value of NFTs for luxury brands
By

For better or worse, scarcity and exclusivity are founding values of the luxury goods industry — values that have made most luxury brands extremely slow to adapt to digital world in which things are easily replicated.

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How do you take a luxury experience and digitize it?
By

While many industries were able to adapt and embrace the new digital frontier, for others, finding a substitution for in-person experiences was more difficult.

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Future of luxury retail: Less gadgets, more experiences
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Luxury brands are currently signing more short-term leases in newer or unfamiliar markets.

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Why luxury brands cannot ignore TikTok
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The Chinese video-sharing platform was the only app not owned by Facebook to make the global list of top five downloads, taking the leading spot for the first time over Facebook.

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