August 6, 2020
Luxury Daily’s live news for Aug. 6:
Facebook’s Instagram introduces TikTok competitor Reels
Social media giant Facebook Inc. has launched its TikTok competitor, Instagram Reels, at a time when both platforms are facing increased scrutiny from the United States government.
Aston Martin partners with Bowmore for limited-edition whisky
British automaker Aston Martin and Bowmore Islay Single Malt Scotch Whisky are unveiling a unique collaboration.
French luxury brands draw growing online interest in SE Asia: study
While luxury groups have seen their revenues fall drastically as a result of the coronavirus pandemic, a new study hints at a recovery in Southeast Asia.
New “condo yacht” makes mega-yacht lifestyle more accessible
Fractional ownership is coming to the world of mega-yachts, with a Miami-based company opening up reservations for condo suites aboard a 5-star luxury vessel.
Digital innovations should be core to holiday marketing plans
Despite the major hit from the pandemic, this year’s holiday shopping season will not be that different from years past – digital will play a central role and bricks-and-mortar retail will likely be stagnant.