May 4, 2021
Luxury Daily’s live news for May 4:
Fendi launches new joint venture for Fendi Casa
Italian fashion label Fendi is partnering with high-end interior design group Design Holding on a joint venture to develop the Fendi Casa business.
Sotheby’s introduces cryptocurrency as payment option
Auction house Sotheby’s is becoming the first major firm to accept select cryptocurrencies as payment for physical artworks.
Lamborghini adds inclusive company programming
Italian automaker Lamborghini is highlighting a new set of programs meant to contribute to more inclusive and sustainable company ethics.
Inspirato, Wheels Up expand partnership, member benefits
Private aviation firm Wheels Up and luxury travel subscription company Inspirato are extending their partnership and announcing new benefits.
Louis Vuitton holds top spot as most valuable French brand
Fashion house Louis Vuitton remains the most valuable French brand, having grown its brand value by 11 percent to $59.4 billion according to BrandZ.