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News briefs

Day’s wrap: LVMH, Moncler, Rolls-Royce, Silversea and Russia-Ukraine

February 24, 2022

LVMH Japan and SoftBank are looking to enhance in-store technology. Image credit: LVMH


Luxury Daily’s live news for Feb. 24:

LVMH Japan transforms omnichannel offerings with SoftBank
LVMH Moët Hennessy Louis Vuitton Japan KK has partnered with Japanese conglomerate SoftBank Corp. to develop and accelerate new omnichannel customer experiences.

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Moncler surpasses $2B in revenue for 2021
Italian fashion group Moncler S.p.A. ended 2021 with a strong showing, with revenue growth of 40 percent year-over-year in the fourth quarter and 42 percent growth for the full fiscal year.

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Rolls-Royce selects 2022 house charity
British automaker Rolls-Royce Motor Cars has named the Sussex Snowdrop Trust as its house charity for 2022 as part of an annual tradition.

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Silversea reveals suites on next-generation flagship
Luxury cruise line Silversea is unveiling its new suite offerings as it embarks on a more sustainable era.

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Wall Street bounces back, Russian stocks fall as war breaks out
With Russia’s invasion of Ukraine underway and world leaders responding to the crisis, Wall Street managed to shake off the geopolitical turmoil.

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