January 4, 2023
Luxury Daily's live news for Jan. 4:
LVMH chooses Singapore for first live Watch Week since 2020 inaugural
French luxury conglomerate LVMH is preparing to host its fourth LVMH Watch Week in Singapore.
L’Oréal France names new managing director
The move comes as French cosmetics conglomerate L’Oréal Group — which counts Lancôme, Yves Saint Laurent and Giorgio Armani as members of its luxe portfolio — reorganizes its leadership for the year.
Bugatti, Lego release small-scale Bolide model
French automaker Bugatti’s ongoing partnership with the Lego Group has produced a new creation – the new Lego Technic Bugatti Bolide.
Luxury consumers ditching leases, purchasing cars outright per rising rates: Edmunds
Automotive reviewer Edmunds' latest report, reflective of 2022's final fiscal quarter, shows a shift in purchase preference for luxury consumers.