Luxury Daily
Travel and hospitality
Rosewood launches new wellness retreats worldwide

Hospitality group Rosewood Hotels & Resorts has unveiled a new wellness retreat idea designed to enhance one’s ability to recover from life’s adversities.

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Apparel and accessories
Net-A-Porter hosts fashion comeback

Online retailer Net-A-Porter is partnering with Israeli designer Alber Elbaz on a new livestreaming project to reach digital-first consumers.

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Apparel and accessories
Small designers in spotlight on Inauguration Day

While Inauguration Day in the United States represents the official beginning of a newly elected administration, it became a massive platform for emerging designers this year.

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Retail
Mytheresa debuts on NYSE

Online retailer Mytheresa is celebrating its debut as a publicly traded company on the New York Stock Exchange after announcing the final pricing of its initial public offering (IPO) of 15,647,059 American Depositary Shares (ADS) at $26.00 per share.

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Real estate
Building trust, leveraging tech key in luxury real estate marketing

NEW YORK — Building authentic relationships and digital targeting are key to successfully marketing to high-net-worth individuals within the luxury real estate sector.

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Home furnishings
Homeowners seeking luxury amenities that bring enjoyment

NEW YORK — Affluents are seeking more cutting-edge amenities in luxury buildings and homes as they invest in home furnishings while marooned at home during the global pandemic.

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Automotive
Porsche unveils nostalgic Boxster anniversary effort

German automaker Porsche is marking the 25th anniversary of its entry-level Boxster sports car by rolling out a limited-edition version and commemorating the vehicle’s historical success in a fresh campaign.

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Apparel and accessories
Valentino celebrates individuality, talent in inspiring campaign

Italian fashion label Valentino is presenting a new journey into its “Inspired By” project, an effort dedicated to visionary leaders who embody the values of the brand.

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Webinar
Webinar: Why authenticity matters even more for luxury brands as post-pandemic consumer evolves

Register now for this free webinar Wednesday, Feb. 3 at noon to 1 p.m. EST (New York time) on why authenticity matters even more in a post-COVID-19 world for brands and retailers. Senior executives from Avery Dennison and Certilogo will lay out a roadmap. Join us!

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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
Richemont, Burberry, Audi, Tag Heuer, Inauguration Day and marketing webinar

Luxury Daily’s live news: Richemont sees sales gains in Q3, boosted by ecommerce, China; Burberry achieves strong digital growth as store closures linger; Audi introduces virtual workspaces to transform internal interactions; Tag Heuer taps tennis star Naomi Osaka as ambassador; Wall Street sees record highs on Inauguration Day; Webinar: Why authenticity matters even more for luxury brands as post-pandemic consumer evolves.

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Retail
Burberry sets sights on China and young consumers as retail sales fall

Looking ahead, the London-based Burberry expects its home market to become less appealing for luxury shopping as the United Kingdom scraps its VAT (value-added tax) rebate starting this year.

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News briefs
Day’s wrap: Richemont, Burberry, Audi, Tag Heuer, Inauguration Day and marketing webinar

Luxury Daily’s live news: Richemont sees sales gains in Q3, boosted by ecommerce, China; Burberry achieves strong digital growth as store closures linger; Audi introduces virtual workspaces to transform internal interactions; Tag Heuer taps tennis star Naomi Osaka as ambassador; Wall Street sees record highs on Inauguration Day; Webinar: Why authenticity matters even more for luxury brands as post-pandemic consumer evolves.

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Financial services
Wall Street sees record highs on Inauguration Day

All three United States stock markets closed at record highs on Jan. 20, following the inauguration of Joseph R. Biden as the country’s 46th president.

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Watches and jewelry
Tag Heuer taps tennis star Naomi Osaka as ambassador

Swiss watchmaker Tag Heuer has enlisted tennis champion Naomi Osaka as its newest ambassador athlete as the brand continues to move in a younger and more diverse direction.

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Automotive
Audi introduces virtual workspaces to transform internal interactions

German automaker Audi has launched a virtual space to enable employees to learn and work in a digital setting during the ongoing COVID-19 pandemic.

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Apparel and accessories
Burberry achieves strong digital growth as store closures linger

British fashion label Burberry experienced strong sales growth in mainland China during the third quarter of its fiscal year, both in-store and online, as it continued to face challenges amid the COVID-19 pandemic.

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Retail
Richemont sees sales gains in Q3, boosted by ecommerce, China

Swiss luxury group Richemont saw double-digit growth in online sales, as its recovery continued into the third quarter of its fiscal year.

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QUOTE OF THE DAY
As luxury adapts to pandemic, mind the legal challenges ahead
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As the business environment evolves, legal issues that were once obscure or unheard-of now become important. Part of such an effective survival strategy is understanding what the legal trends will be and the best legal strategies to deal with them.

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Inviting opinion pieces on luxury issues, marketing, retail and media
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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.

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More success online means more risks for luxury retailers
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The early numbers are in for the online holiday shopping season, and the future looks bright.

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The year fashion met reality: Seducing a changed consumer
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The unreality of 2020 changed the fashion flex. A head-to-toe designer-dressed influencer posing in an exotic location feels sorely out of place and out of different time.

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