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News briefs

Day’s wrap: Kering, Hugo Boss, Estée Lauder, British Fashion Council and Marriott

May 4, 2022

VitroLabs develops lab grown leather that is less damaging than petroleum-based alternatives. Image credit: VitroLabs

 

Luxury Daily’s live news for May 4:

Kering invests in lab grown leather startup
French luxury group Kering is reinforcing its sustainability efforts by joining the Series A financing round of a lab grown leather startup.


Rebrand propels Hugo Boss to Q1 sales record
Germany’s Hugo Boss Group saw record first quarter sales as it builds off the success of its recent rebrand.


Estée Lauder debuts emerging leader fund
U.S. beauty label Estée Lauder is looking to support the next generation of women leaders with a new charitable initiative.


British Fashion Council shares update on talent support programs
The British Fashion Council (BFC) has revealed the designers and students it is supporting this year through financial support grants and mentoring.


Marriott’s Q1 rebound hints at greater travel recovery
Hospitality group Marriott International saw strong global demand in the first quarter of 2022, indicative of the travel industry’s continued pandemic recovery.


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