Luxury Daily
Retail
Selfridges strengthens ties with London Craft Week

The British department store’s circularity initiatives continue to grow.

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Jewelry
Hublot wraps immersive online watchmaking experience

Imagined with help from American software company Epic Games, the Swiss watchmaker is increasingly engaging clients and collectors in the digital realm.

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Automotive
Genesis plugs redesigned SUV in second-year gala sponsorship

Guests of the mid-month event supporting AAPI communities posed with the South Korean automaker’s 2025 GV80, which rolls out at retailers this spring.

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Apparel and accessories
Canada Goose’s first creative director enters picture with purpose

Releasing a debut project for the outdoor clothing company, French designer Haider Ackermann is helping guide the brand into its next era.

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Research
Global luxury store openings fell 13pc in 2023: Savills

Heavy in tourist appeal with swiftly scaling economies, experts say retail markets such as Jakarta, Indonesia are underserved.

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Commerce
Quarterly sales down 12pc at Burberry

Luxury’s slowdown has taken a toll on the British fashion label.

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Travel and hospitality
IHG launches summer event series

In the Americas, the hospitality group’s luxury and lifestyle hotels are hosting seasonal activations from June 1 to Sept. 2, 2024.

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Commerce
Growth slows at Richemont as new CEO prepares to step in

Nicolas Bos, who currently heads French jeweler Van Cleef & Arpels, will transition to the top of the Swiss luxury conglomerate in June.

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Fragrance and personal care
L’Oréal Group looks to lower environmental impact of retail experience with EcoDesignCloud

The division’s 24 luxury brands will begin measuring the effect of in-store displays, gifts-with-purchase and more, making way for more sustainable point-of-sale and promotional approaches.

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Retail
Fashionphile enlists first-time celebrity partner

On its 25th anniversary, actress Emma Roberts speaks to the quality of the secondhand luxury seller’s handbags and accessories in digital content.

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Columns
From elitism to accessible aspiration: Luxury’s digital swing

The market often struggles to resonate with Generation Z.

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Retail
Nordstrom, in NY state of mind, previews new campaign

Debuting May 27, the U.S. department store chain has partnered with Harlem’s Apollo Theater and the West Village’s Café Dante alongside other iconic destinations in the city.

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Retail
Saks Social Club gets VIP boost

New members including media personality Paris Hilton are joining the U.S. retailer’s invite-only brand ambassador network.

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Commerce
Sales at Volato hit by supply chain hiccups

Delays in aircraft deliveries adversely impacted the shared private jet ownership company’s first quarter standing.

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Retail
EBay launches ‘click-to-resell’ feature for clothing

The online retail platform’s tool uses smart label technology to speed up the listing process.

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Automotive
Lamborghini advocates for accessible design

During European Diversity Month, the Italian automaker is championing representation through short films and museum offerings.

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Travel and hospitality
Jumeirah turns focus to boutique-style hospitality

Aiming to double its portfolio size by 2030, the brand is revealing a fresh visual identity at the famed Burj Al Arab property in Dubai.

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Commerce
Mytheresa keeps sales growth going in first quarter

The online luxury retailer earned 101.6 million euros, or $110.5 million at current exchange, during the period.

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QUOTE OF THE DAY
Luxury Unfiltered: The challenge of luxury storytelling and why most brands miss the mark
By

Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.

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From elitism to accessible aspiration: Luxury’s digital swing
By

The market often struggles to resonate with Generation Z.

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Luxury Unfiltered: The call for urgent action from Italian luxury brands
By

Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.

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How will the ban of noncompete clauses impact the fashion industry?
By

Effective Aug. 21, 2024, existing agreements will no longer be enforceable.

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