Luxury Daily

News briefs

Day’s wrap: LVMH, Aston Martin, Tiffany & Co., Bentley and Nordstrom

Luxury Daily’s live news: LVMH announces commitment alongside French Ministry for gender equality, diversity and equal opportunities; Aston Martin Residences Miami welcomes first DBX to the Americas; Tiffany & Co. leads luxury jewelers making strides toward ethical sourcing: Human Rights Watch; Bentley supports rising photographers through debut IAP Awards sponsorship; Nordstrom reports positive growth in third quarter earnings.

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Happy Thanksgiving!

Luxury Daily is not publishing on Thursday, Nov. 26 and Friday, Nov. 27 in observance of Thanksgiving. Safely enjoy time with family and friends. And thank you so much for reading us — it means a lot.

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Travel and hospitality
How luxury travel brands are pivoting during the pandemic

Luxury hospitality brands must continue adapting to meet the evolving expectations of the post-coronavirus traveler.

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Strategy
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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
Saks Fifth Avenue, Vacheron Constantin, Rolls-Royce and Net-A-Porter

Luxury Daily’s live news: Saks Fifth Avenue taps A-Rod to ring in holiday festivities; Vacheron Constantin launches phone sales, financing options in the US; Rolls-Royce unveils neon lineup of iconic cars; Net-A-Porter introduces holiday Instagram AR filter to raise charity money.

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Jewelry
Soaring China demand boosted Tiffany’s third-quarter sales

Tiffany & Co. on Nov. 24 released one of its last earnings reports before being taken over by French luxury conglomerate LVMH.

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Columns
Connections redefined: What authenticity really means

Customers have ultimately been forgiving and understanding because of the many changes to the way we all function and work, but needs have increased during the pandemic.

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News briefs
Day’s wrap: Saks Fifth Avenue, Vacheron Constantin, Rolls-Royce and Net-A-Porter

Luxury Daily’s live news: Saks Fifth Avenue taps A-Rod to ring in holiday festivities; Vacheron Constantin launches phone sales, financing options in the US; Rolls-Royce unveils neon lineup of iconic cars; Net-A-Porter introduces holiday Instagram AR filter to raise charity money.

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Retail
Net-A-Porter introduces holiday Instagram AR filter to raise charity money

Richemont-owned online retailer Net-A-Porter is launching its own bespoke Instagram augmented reality (AR) filter to foster communication and raise charity money in time for the holidays.

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Automotive
Rolls-Royce unveils neon lineup of iconic cars

British automaker Rolls-Royce is spicing things up by painting three iconic Black Badge cars in neon colors as part of a limited-edition roll out.

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Watches and jewelry
Vacheron Constantin launches phone sales, financing options in the US

Swiss watchmaker Vacheron Constantin is widening its reach in the United States by offering phone sales and financing options to its clients in the market.

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Retail
Saks Fifth Avenue taps A-Rod to ring in holiday festivities

Iconic New York department store chain Saks Fifth Avenue has recruited former New York Yankees player Alex Rodriguez to appear in the first of a series of livestreamed celebrations to kick off its yearly holiday festivities.

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Education
How the fashion industry can successfully implement diversity and inclusion efforts

Accelerated by the global pandemic and the Black Lives Matter movement, diversification of businesses and the amplification of marginalized voices have become a top priority for businesses and consumers.

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Fragrance and personal care
Estée Lauder leans on ecommerce, Chinese market presence to navigate crisis

A tremendous increase in online sales has partially offset the disastrous financial impact of the COVID-19 pandemic on Estée Lauder Companies’ stores, according to William Lauder, executive chairman of the beauty products manufacturer.

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Apparel and accessories
New creative styles will emerge after lockdowns: Dior’s Kim Jones

The craftsmanship and heritage of the French fashion house Dior is a leading source of inspiration for its menswear creative director as the industry continues to evolve.

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Apparel and accessories
Emerging designers focus on unlikely benefits of pandemic

Young, celebrated designers voiced their enthusiasm for the digitalization disrupting the economics of the fashion industry as a consequence of the COVID-19 pandemic.

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Research
6 big China luxury trends from 2020

Thanks to a strong post-COVID-19 growth, the China market is now projected to account for 50 percent of global luxury spending in 2020 — an increase of more than 37 percent from 2019.

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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
McLaren, Dior, Small Luxury Hotels and LX Collection

Luxury Daily’s live news: McLaren to introduce high-performance hybrid; Dior examines its love of florals in colorful book launch; Small Luxury Hotels adds yachting company to roster; Digital platform geared for luxury condo buyers, developers debuts.

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Events
FT Business of Luxury Summit 2020 focuses on luxury after the lockdown

For this year’s edition of the Financial Times Business of Luxury Summit – its first to be held entirely online – the publication will invite executives, creatives and analysts from around the world to share how they are navigating this unprecedented period, planning for future growth and where they see investment and acquisition opportunities.

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QUOTE OF THE DAY
Connections redefined: What authenticity really means
By

Customers have ultimately been forgiving and understanding because of the many changes to the way we all function and work, but needs have increased during the pandemic.

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7 trends to watch in luxury influencer marketing in 2021
By

Luxury brands have had to carefully balance their marketing activities to ensure that they do not alienate their older consumers at the expense of attracting a new and younger audience.

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Why HENRYs still should be a key target for luxury brands
By

For luxury brands, the ultimate target is the ultra-affluent. Knowing this, it is worth spending time grooming the HENRY demo. Their shopping and consumer habits now will likely carry over as their salaries increase, so establishing a rapport with them early is important.

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5 steps to designing and implementing a client win-back program
By

The sad truth is that you are going to lose customers. A Zendesk study found that 66 percent of business-to-business customers left after one bad experience.

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