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Day’s wrap: Gucci, Farfetch, Four Seasons, Tag Heuer and retail growth

Gucci Garden’s take on its Bloom campaign. Image courtesy of Gucci

 

Luxury Daily’s live news for May 14:

Gucci Garden Archetypes opens in Florence
Italian fashion house Gucci is celebrating its 100th anniversary with an immersive multimedia experience that explores and celebrates the brand’s vision.

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Farfetch sees 46pc growth in revenue
Online retailer Farfetch is showing signs of positive growth with its newly reported Q1 financial results.

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Four Seasons unveils 2022 private jet itineraries
Hospitality group Four Seasons Hotels and Resorts has revealed a new Uncharted Discovery Private Jet itinerary for next year, exploring Antarctica and South America.

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Tag Heuer taps NBA star as new ambassador
Swiss watchmaker Tag Heuer has added American professional basketball player Jimmy Butler to its roster of talented athletic ambassadors.

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Retail sales hold steady, show “off the charts” gains since shutdowns
The National Retail Federation (NRF) is reporting that retail sales were virtually unchanged from their strong performance in March, and grew dramatically year-over-year in April.

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Gen Z, lower-tier cities driving luxury growth in China
As China becomes the most critical market for the luxury industry, its affluent and high-net-worth consumers remain optimistic and continue to increase spending on high-end goods.

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