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  2. Kering rocked by 11pc sales dip in Q1
  3. BMW models top luxury auto shopper poll, Tesla slides
  4. Hermès opens three new global boutique locations
  5. Jo Malone goes antiquing for Scented Mementos campaign
  6. Luxury Unfiltered: The mistake the luxury industry is making with AI
  7. Saks launches retail media network
  8. Dior creates ceremonial window displays from scratch, with scraps, for upcycled exhibition
  9. 'Chanel Wonderland' welcomes seasonal shoppers
  10. All-new 2024 Lexus GX SUV stars in annual holiday campaign
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News briefs

Day’s wrap: Kering, BMW, Space Perspective, Global Fashion Agenda and million-dollar cities

February 17, 2022

Gucci, Yves Saint Laurent and Bottega Veneta led Kering’s outstanding performance. Image credit: Gucci

 

By Luxury Daily News Service

Luxury Daily’s live news for Feb. 17:

Kering achieves record revenue in 2021 with 35pc jump
French luxury conglomerate Kering has reported record performance for the 2021 year, reaching revenue of 17.6 billion euros, or $20 billion at current exchange rates, a 35 percent increase from 2020.

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BMW unveils Jeff Koons-designed coupe
German automaker BMW has finally unveiled a limited-edition collection of its M850i x Drive Gran Coupé designed by American pop artist Jeff Koons.

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Space Perspective now accepting cryptocurrency
Luxury spaceflight experience company Space Perspective has started accepting cryptocurrency as payment to reserve flights on Spaceship Neptune.

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Global Fashion Agenda announces 2022 summit on sustainability
Nonprofit fashion sustainability organization Global Fashion Agenda will host this year’s Global Fashion Summit, an international forum aimed at forging alliances between stakeholders across the industry.

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Number of US million-dollar cities hits new record
In 2021, a record 146 U.S. cities were added to the “million-dollar cities” list, according to the latest data from Zillow.

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LATEST HEADLINES
MOST POPULAR
  1. The Douyin KOL helping luxury tap China’s lower-tier cities
  2. Kering rocked by 11pc sales dip in Q1
  3. BMW models top luxury auto shopper poll, Tesla slides
  4. Hermès opens three new global boutique locations
  5. Jo Malone goes antiquing for Scented Mementos campaign
  6. Luxury Unfiltered: The mistake the luxury industry is making with AI
  7. Saks launches retail media network
  8. Dior creates ceremonial window displays from scratch, with scraps, for upcycled exhibition
  9. 'Chanel Wonderland' welcomes seasonal shoppers
  10. All-new 2024 Lexus GX SUV stars in annual holiday campaign
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