Luxury Daily

News briefs

Day’s wrap: Theresa May, Giambattista Valli, Burberry, Safilo, Audi and Estée Lauder

Luxury Daily’s live news from May 24 – Theresa May resigns as prime minister amid Brexit struggles; Giambattista Valli brings couture perspective to more consumers with H&M; Burberry brings Monogram collection to Saks with takeover; Safilo focuses on wholesale business with Solstice sale; Audi aims to lead sustainable premium mobility through transformation; Estée Lauder hopes to combat deforestation in Indonesia.

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Audi aims to lead sustainable premium mobility through transformation

German automaker Audi is putting the focus on carbon neutrality through greater efforts surrounding electric cars and ownership alternatives.

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Apparel and accessories
Giorgio Armani asks brand loyalists to share legacy

Italian fashion label Giorgio Armani is sharing a look at its own heritage using the perspectives of longtime collaborators and ambassadors in a new video series.

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Editorial calendar
Have a safe, relaxing Memorial Day weekend

Luxury Daily will not publish on Monday, May 27, in observance of Memorial Day. Thanks to all veterans for your service to our country.

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Research
Luxury Daily releases 44-page State of Luxury 2019 report polling industry insiders

This third annual State of Luxury: The Insider View report by Luxury Daily and Unity Marketing surveys 600-plus luxury insiders on their reasons for optimism and caution in 2019. Buy the 44-page exclusive research to arm yourself with invaluable intelligence, or get it free with an annual subscription to Luxury Daily.

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Strategy
Subscribe now: Full access to 80,000+ articles, reports, videos and images

Stay abreast of the latest news, analysis, research and developments in the fast-evolving luxury business worldwide. Access more than 80,000 articles, reports, videos and images from Luxury Daily, the world’s leading luxury business publication. Check out the monthly and annual subscription plans and gain full access to must-have luxury intelligence.

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News briefs
Four Seasons, LVMH, Baccarat, Ralph Lauren, Sephora and Hearst – Live news

Luxury Daily’s live news from May 23 – Four Seasons revamps Los Cabos’ Eastern Cape; LVMH, Rihanna collaboration moves away from traditional seasonal collections; Baccarat, Woodford Reserve craft $1,500 bourbon; Ralph Lauren taps baseball legend for latest scent; Sephora releases new manifesto on inclusivity; Hearst continues changes within its organization.

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News briefs
Kering, Audi, Tiffany and Tesla – News briefs

Today in luxury – Kering to invest in new logistics network in Italy, U.S.; Audi’s electric ambitions just killed the TT and may cull the R8; Tiffany’s adapts to China’s green demands; Musk’s leaked email shows Tesla to make record deliveries in second quarter.

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Retail
Learning from the other side: Branding lessons from the top 5 retailers in the US

The top five retailers in the United States made $228.4 billion in earnings last year. They must be doing something right.

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News briefs
Day’s wrap: Four Seasons, LVMH, Baccarat, Ralph Lauren, Sephora and Hearst

Luxury Daily’s live news from May 23 – Four Seasons revamps Los Cabos’ Eastern Cape; LVMH, Rihanna collaboration moves away from traditional seasonal collections; Baccarat, Woodford Reserve craft $1,500 bourbon; Ralph Lauren taps baseball legend for latest scent; Sephora releases new manifesto on inclusivity; Hearst continues changes within its organization.

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Media/publishing
Hearst continues changes within its organization

Media brand Hearst is continuing to reorganize its editorial staff, like many of its contemporaries, with the editor of Esquire stepping down.

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Fragrance and personal care
Sephora releases new manifesto on inclusivity

LVMH’s Sephora has adopted a new manifesto committing to be more inclusive.

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Fragrance and personal care
Ralph Lauren taps baseball legend for latest scent

U.S. fashion label Ralph Lauren is tapping former baseball player Alex Rodriguez as the face of its Polo Blue fragrance.

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Food and beverage
Baccarat, Woodford Reserve craft $1,500 bourbon

Crystal maker Baccarat has crafted a one-of-a-kind bottle to house a limited edition bourbon.

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Apparel and accessories
LVMH, Rihanna collaboration moves away from traditional seasonal collections

LVMH is taking no time to capitalize on its partnership with music artist Rihanna, launching her new fashion collection in a pop-up shop this month.

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Luxury Memo special reports
Off-price – Luxury Memo special report

Luxury brands develop their reputation by being exclusive, which makes selling products off-price inherently risky.

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Travel and hospitality
Four Seasons revamps Los Cabos’ Eastern Cape

Hospitality group Four Seasons is moving into marina-front territory with a new resort, as it debuts the first resort of its kind for the brand.

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Retail
Strong storytelling key for digital, physical spaces

NEW YORK – As more affluent consumers embrace ecommerce, luxury brands need to craft valuable experiences that exist both online and offline.

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Fragrance and personal care
Chinese beauty buyers show growing interest in niche labels

While blockbuster beauty brands have strong awareness and trust in the Chinese market, consumers are increasingly interested in trying lesser-known labels.

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Financial services
Economic upheaval likely looms as global growth slows

MADRID – Despite a strong global economy, political developments and population changes are likely to put pressure on many countries’ resources.

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QUOTE OF THE DAY
Learning from the other side: Branding lessons from the top 5 retailers in the US
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The top five retailers in the United States made $228.4 billion in earnings last year. They must be doing something right.

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Contextual content strategy: Lexus’ approach to personalization
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Personalization – serving the right content in the right place at the right time – is a critical component of omnichannel marketing, which delivers consistent messages across multiple platforms. Here is how Team One is crafting strategy for Japanese automaker Lexus.

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How to stop too many SKUs from derailing your pricing optimization
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Most retailers handle anywhere from 20,000 to 200,000-plus SKUs, and each SKU tracked represents a variety of different data points.

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Google Chrome cutting down on cookies: 4 alternatives
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Even if a majority of users who use Chrome take advantage of settings that clear cookies and reduce other types of tracking, marketers have other advertising options to engage customers, make sales and drive revenue.

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