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News briefs

Day’s wrap: Fendi, Sotheby’s, Lamborghini, Inspirato and Wheels Up

May 4, 2021

Fendi had previously collaborated with Luxury Living Group for Fendi Casa. Image credit: Luxury Living Group

 

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.

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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.

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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.

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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.

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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.

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