Luxury Daily’s live news for Aug. 6: Facebook’s Instagram introduces TikTok competitor Reels; Aston Martin partners with Bowmore for limited-edition whisky; French luxury brands draw growing online interest in SE Asia; New “condo yacht” makes mega-yacht lifestyle more accessible.

Luxury Daily is inviting opinion pieces on luxury business, advertising, marketing, media and retail issues that affect marketers as they run multichannel programs for branding as well as customer acquisition, retention and reactivation.

Luxury is one of a handful of categories in which online sales were lower at the end of May than they were in mid-March.

Luxury Daily’s live news for Aug. 6: Facebook’s Instagram introduces TikTok competitor Reels; Aston Martin partners with Bowmore for limited-edition whisky; French luxury brands draw growing online interest in SE Asia; New “condo yacht” makes mega-yacht lifestyle more accessible.

While luxury groups have seen their revenues fall drastically as a result of the coronavirus pandemic, a new study hints at a recovery in Southeast Asia.

Fractional ownership is coming to the world of mega-yachts, with a Miami-based company opening up reservations for condo suites aboard a 5-star luxury vessel.

British automaker Aston Martin and Bowmore Islay Single Malt Scotch Whisky are unveiling a unique collaboration.

Social media giant Facebook Inc. has launched its TikTok competitor, Instagram Reels, at a time when both platforms are facing increased scrutiny from the United States government.

Despite the major hit from the pandemic, this year’s holiday shopping season will not be that different from years past – digital will play a central role and bricks-and-mortar retail will likely be stagnant.

U.S. fashion label Marc Jacobs has debuted a new children’s version of The Marc Jacobs, creating a fresh revenue stream through new products at a time when retail is hurting.

When screenshots of offerings from the Belgian luxury brand Delvaux priced at 60 percent off — as seen on the French flash sales site Veepee — began circulating on Chinese fashion accounts in late-July, an avalanche of complaints flooded comment sections.

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.

Luxury Daily’s live news: Capri Holdings revenues tumble more than 65pc as uncertainty continues; Chaumet balances refinement, whimsy in Bee My Love campaign; Hennessy celebrates cognac anniversary with special tastings; La Perla launches new collection with influencers’ help; Affluents expect to purchase new homes, with new motivations after COVID.

It is unlikely there is a CEO in America unaffected by the COVID-19 pandemic and all are probably sick and tired of reading introductions like, “We’re all in this together,” or “In light of these trying times.” Yeah, everyone agrees.

Luxury Daily’s live news for Aug. 5: Capri Holdings revenues tumble more than 65pc as uncertainty continues; Chaumet balances refinement, whimsy in Bee My Love campaign; Hennessy celebrates cognac anniversary with special tastings; La Perla launches new collection with influencers’ help; Affluents expect to purchase new homes, with new motivations after COVID.

One in four people believe they are more likely to move in the next 12 months as a result of the coronavirus pandemic and continued fallout, according to a new survey from Knight Frank.

Italian lingerie label La Perla is encouraging women to appreciate everyday luxuries with the launch of its first washable silk collection.

LVMH-owned cognac house Hennessy is celebrating the 150th anniversary of one its most enduring spirits with a unique tasting experience and exhibition.