October 12, 2021
Luxury Daily’s live news for Oct. 12:
LVMH’s fashion and leather goods category achieves record revenue
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton saw its third quarter 2021 revenues grow 20 percent year-over-year on an organic basis, continuing its growth trajectory.
Ferragamo names Barney’s alum Daniella Vitale as CEO North America
Italy’s Salvatore Ferragamo Group has named two luxury industry veterans to its management structure, focusing attention in two key markets.
Porsche Design announces new luxury hotel brand
Germany’s Porsche Design Group and Deutsche Hospitality are teaming to introduce a new luxury hotel concept.
The Macallan brings together chocolate and whisky in new release
Scottish whisky maker The Macallan has unveiled an indulgent collaboration as it moves in a more sustainable direction.
Sustainability needs to be inclusive, cross-functional: Burberry exec
More luxury brands and retailers are establishing circular cultures, from enhancing supply chains to leveraging technology to educate consumers about transparency.