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News briefs

Day’s wrap: Gucci, Capri Holdings, Facebook, Audi and St. Regis

May 26, 2021

The first NFT from Gucci is a four-minute digital, looped video. Image courtesy of Gucci

 

Luxury Daily’s live news for May 26:

Gucci releases first NFT at Christie’s auction
Italian fashion label Gucci is getting in on the NFT game with its first offering at a current Christie’s auction.

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Capri Holdings sees 13pc increase in retail sales in Q4
Fashion group Capri Holdings is seeing improvement, even after reporting that revenue was flat in the fourth quarter of 2021 compared to last year.

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Facebook, Instagram officially offer users ability to hide like counts
Social tech giant Facebook is letting users more options in deciding how they would like to experience its platforms.

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Audi of America adds to senior communications team
Automaker Audi of America has appointed a new senior vice president and chief communications officer.

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St. Regis opens first property in Bermuda
Hospitality group Marriott International is debuting its first luxury brand property in Bermuda with the opening of a new St. Regis Hotels & Resorts.

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The new luxury consumer is young, female: report
As vaccines continue to roll out globally, retailers predict a rebirth driven by pent-up shopping demand and customers’ desires for new store experiences.

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