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Day’s wrap: Kering, Cartier, Neiman Marcus and Lexus

Lexus's newest GEC in Kalamassery, Kochi's industrial region. Image credit: Lexus Lexus's newest GEC in Kalamassery, Kochi's industrial region. Image credit: Lexus

 

Luxury Daily's live news for Feb. 15:

Kering suffers 7pc revenue loss in fourth quarter of 2022
French luxury conglomerate Kering is reporting a drop in revenue for last year’s last quarter.


Cartier moves Americas CEO Mercedes Abramo to global CCO post
French jewelry maison Cartier is making changes to its C-suite, as Mercedes Abramo, the current North American CEO, takes on the role of deputy chief commercial officer of Cartier International.


Neiman Marcus honors innovation, impact in fashion with awards relaunch
U.S. luxury retailer Neiman Marcus Group is bringing back its awards platform in 2023 with a new name—the NM Awards—and two new categories.


Lexus expands presence in India, establishes guest center
Toyota Corp’s Lexus continues to grow roots across India with the opening of the Guest Experience Center (GEC) at Nippon Towers in Kochi.


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