March 2, 2021
Luxury Daily’s live news for March 2:
Kering invests in latest funding round for Vestiaire Collective
Resale platform Vestiaire Collective has announced another successful funding round, backed by French luxury conglomerate Kering, as growth in the pre-owned fashion sector continues to accelerate amid the COVID-19 pandemic.
Rolls-Royce names Chestnut Tree House as 2021 house charity
British automaker Rolls-Royce has selected Chestnut Tree House as its annual house charity, as voted on by its Goodwood employees in a yearly tradition.
TCS World Travel adds chartered catamarans to lineup
Tour operator TCS World Travel is partnering with yacht charter company The Moorings to introduce all-inclusive luxury catamaran charters.
Redfin adds new markets for Premier listings
Real estate brokerage Redfin is expanding its offering for high-end home sellers to new markets, as luxury real estate markets across the United States see strong growth.
Ralph Lauren launches subscription service
U.S. fashion group Ralph Lauren Corporation is starting a subscription rental service as it looks to adapt with evolving consumer behavior.
Luxury timepieces maintain consumer loyalty in smartwatches’ shadow
Although luxury watches maintain a steady consumer base, no brand has come close to outselling the Apple Watch, the best-selling watch in the world.