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News briefs

Day’s wrap: LVMH, Kenzo, Audi and Knight Frank

April 26, 2021

Nona Source is an online B2B resale platform for “re-sourcing” high-quality materials. Image credit: LVMH

 

Luxury Daily’s live news for April 26:

LVMH debuts digital materials resale platform
French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton is launching its first online resale platform for “re-sourcing” high-quality materials from its fashion and leather goods houses.

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Kenzo’s creative director departs after short stint
French fashion label Kenzo is going in a new direction, as Felipe Oliveira Baptista is set to depart the LVMH-owned house after two years as creative director.

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Audi, MLS debut new season of sports docu-series
Automaker Audi of America has partnered with Major League Soccer and sports media brand Bleacher Report for a second season of its documentary series.

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Super-prime sales remain resilient in 2020: Knight Frank
Global super-prime residential sales fell only 1 percent in 2020, as wealthy international buyers sought out properties in domestic markets, according to findings from Knight Frank.

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Why DTC brands are rethinking retail
As the retail industry in the United States looks to recover from the COVID-19 pandemic, direct-to-consumer brands that originated online are flocking to bricks-and-mortar.

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