July 28, 2020
Luxury Daily’s live news for July 28:
Kering revenues fall to $6.3B, despite exponential ecommerce growth
French luxury group Kering saw its revenues plunge about 30 percent in the first half of 2020 to 5.378 billion euro, or $6.309 billion at current exchange, as fallout continues after the coronavirus pandemic led to widespread store closures and drastically reduced tourism amid global lockdowns.
Gucci curates genderless collections through MX Project
Italian fashion house Gucci is emphasizing self-expression with the introduction of the MX Project, a curated collection of genderless apparel, accessories and footwear.
Rolls-Royce shares more behind-the-scenes details of new Ghost
Rolls-Royce Motor Cars is rolling out an extensive multichannel campaign as the British automaker continues to hype the upcoming reveal of the new Ghost.
Alrosa launches Diamonds That Care collaboration
Alrosa, the world’s largest diamond miner, is partnering with a lab-grown diamond creator to launch a responsible jewelry collection as part of its Diamonds That Care initiative.
Fashion must radically reduce its contribution to biodiversity loss
It is time for the apparel industry to radically reduce its contribution to biodiversity loss, argues McKinsey & Co.