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Day’s wrap: Chanel, Gucci, Burberry, McLaren and Condé Nast

Chanel spring/summer 2021 ready-to-wear show at Paris Fashion Week. Image credit: Chanel

 

Luxury Daily’s live news for June 15:

Chanel shows signs of financial resilience
French fashion house Chanel demonstrated strong resilience across its product lines in 2020, despite a highly disrupted environment that led to the temporary closure of its boutique and manufacturing network.

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Gucci surpasses environmental reduction target 4 years early
Italian fashion house Gucci has hit its environmental impact reduction target, according to its inaugural Impact Report on Equilibrium.Gucci.com.

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Burberry partners with NFT video gaming platform
British fashion house Burberry has announced a new partnership with technology company Mythical Games to launch a limited-edition non-fungible token (NFT) in the company’s game Blankos Block Party.

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McLaren unveils summer sportswear collection
British automaker McLaren Automotive has released a summer capsule sportswear collection in collaboration with British sportswear brand Castore.

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Condé Nast College of Fashion & Design launches advisory council
Media conglomerate Condé Nast’s College of Fashion & Design has announced the launch of its advisory council, consisting of renowned industry leaders.

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Ferrari drives into fashion sector with inaugural collection
Italian automaker Ferrari is going from the race track to the runway with the launch of its first in-house fashion collection, indicating a major step in its strategy to expand the brand beyond the automotive sector.

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