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Day’s wrap: LVMH, Shiseido, Longchamp and NetJets

October 15, 2020

The new Longchamp collection is inspired by Pikachu. Image credit: Longchamp


Luxury Daily’s live news for Oct. 15:

LVMH’s fashion and leather goods sector hints at recovery in Q3 2020 results
French luxury conglomerate LVMH Moët Hennessy has recorded revenue of 30.3 billion euro, or $35.5 billion at current exchange, in the first nine months of 2020 — down 21 percent on an organic basis from its record revenue in 2019.

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Shiseido’s Carol Zhou builds on innovating beauty
At WeWork’s China flagship, where Shiseido’s China beauty innovation hub is based, Carol Zhou sat with us in a white T-shirt with her long hair in a bun. Her casual and approachable look fits in with the entrepreneurs and creative professionals who dotted the co-working space.

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Longchamp electrifies with Pokémon collection
French fashion label Longchamp has revealed an electric capsule collection with the help of an animated pop culture icon.

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NetJets takes further steps to improve carbon footprint
Private aviation firm NetJets has expanded its global sustainability program as its owners look to pare back their carbon footprint even further.

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British luxury brands look to overhaul UK policies as pandemic woes deepen
British luxury brands have issued a call to arms to the U.K. government to take urgent measures to rescue Burberry, Turnbull & Asser and other iconic labels from the devastating economic burden of COVID-19, per a new report from Walpole.

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