March 4, 2021
Luxury Daily’s live news for March 4:
Estée Lauder establishes new diversity, racial equity division
Beauty group Estée Lauder Companies has announced an Equity and Engagement Center of Excellence (COE) division in line with its commitment to build greater equity and representation throughout its business.
L’Oréal adopts ‘green science’ business approach
French beauty group L’Oréal is committing to a more environmentally conscious beauty industry with the implementation of a “Green Sciences” chapter in its Research and Innovation department.
British luxury producers relieved over aerospace tariff suspension
Walpole and other luxury British brands are welcoming the joint announcement from the United States and United Kingdom that the U.S. will suspend a 25 percent retaliatory tariff imposed on single-malt whiskey, cashmere, wool, tailoring and bed linen products.
Bloomingdale’s, Stella McCartney collaborate on pop-up shop
U.S. retailer Bloomingdale’s has partnered with British fashion brand Stella McCartney to curate The Carousel at Bloomingdale’s: Stellabration pop-up shop.
Wendy Yu announces 2021 award finalists
The Fédération de la Haute Couture et de la Mode and entrepreneur Wendy Yu have announced 16 fashion designers as Yu Prize 2021 finalists, representing China’s most promising fashion talent.
Google ending individual tracking, giving digital marketers another challenge
Technology giant Google has confirmed that it will not introduce alternate identifiers to track users online once it phases out third-party cookies, opting to use “privacy-preserving” solutions for digital advertising.