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Day’s wrap: Kering, Richemont, Jaguar, Harris Reed, Vista and luxury fashion rankings

March 31, 2022

Luxury is putting its foot down when it comes to Russia. Image credit: Cartier


Luxury Daily’s live news for March 31:

Kering, Richemont step away from Responsible Jewellery Council
French luxury conglomerates Kering and Richemont are leaving the Responsible Jewellery Council in protest of the organization’s decision to remain connected with Russia.

Jaguar Land Rover announces 2030 sustainability targets
British automaker Jaguar Land Rover has committed to reducing greenhouse gas emissions across its operations by 46 percent by 2030, compared to a 2019 baseline.

Harris Reed, Klarna launch competition for young designers
British-American fashion designer Harris Reed has teamed up with global payment service Klarna to facilitate a competition for emerging fashion designers championing gender fluidity and sustainability.

Vista acquires Jet Edge platform
Private aviation group Vista Global Holding has announced the acquisition of the private aviation services platform Jet Edge.

Gucci, Dior top brands in the US: report
Italian fashion house Gucci and French fashion label Christian Dior are among the top luxury fashion and beauty brands in the United States, according to new data from Agility Research & Strategy.

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