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News briefs

Day’s wrap: LVMH, Italian warehouses, Pinterest, Neiman Marcus, Joann and Estée Lauder

March 25, 2020

The COVID-19 coronavirus. Image credit: New York Governor's Office The COVID-19 coronavirus. Image credit: New York Governor's Office

 

Luxury Daily's live news:

LVMH postpones annual shareholder meeting as France battles COVID-19 coronavirus
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, has postponed its annual meeting over the restrictions arising from the COVID-19 coronavirus outbreak.

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Italian lockdown on production, warehouses hobbles ecommerce
If a national lockdown and a COVID-19 death toll surpassing China were not enough, luxury brands in Italy downed tools starting March 25 as part of a government order to protect the citizenry’s health.

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Pinterest moves up launch of Today tab for curated and trending topics
Pinterest has moved up the launch of its Today tab for daily inspiration as more consumers worldwide find themselves housebound over the COVID-19 outbreak.

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Neiman Marcus partners with arts-and-crafts chain Joann to make nonsurgical protective gear for medical personnel
Even as rumors of an impending bankruptcy filing swirl, U.S. department store chain Neiman Marcus group and arts-and-crafts specialty retailer Joann Stores have joined forcers to manufacture materials for medical personnel in the frontlines of the COVID-19 outbreak.

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Estée Lauder Cos. and charity pitch to help New York hometown overcome COVID-19 threat
The Estée Lauder Companies and and its corporate foundation, the Estée Lauder Companies Charitable Foundation, have chipped in to contribute toward limiting the spread of the COVID-19 coronavirus.

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Luxury hotels may have the upper hand when travel returns
The travel and tourism business has been hit hard this winter and spring as lockdowns and border closures to curb the COVID-19 outbreak are keeping consumers from leaving their homes.

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