June 16, 2021
Luxury Daily’s live news for June 16:
LVMH partners with Google Cloud, developing new AI solutions
French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton is partnering with the Google Cloud platform in its latest push for innovation.
Valentino partners with Craig Green, releasing limited edition men’s sneaker
Italian fashion label Valentino is marking 10 years of Valentino Garavani Rockstud accessories in a new partnership with a British designer.
Neiman Marcus begins digital expansion, acquires Stylyze Inc.
U.S. retail group Neiman Marcus Group is expanding its digital investments with its acquisition of Stylyze, Inc., a cloud-based software platform.
US, EU agree to suspend set of tariffs for 5 years
The United States and the European Union have agreed to a truce regarding an aircraft subsidies conflict, ultimately suspending one set of tariffs implemented by former President Trump.
Town & Country to host 8th philanthropy summit
This year, Hearst’s Town & Country magazine is hosting its eighth annual Philanthropy Summit virtually.
Luxury watches, jewelry set to slowly rebound: McKinsey
Embracing technology and sustainability will be crucial as the fine jewelry and luxury watch industries look to recover from the COVID-19 pandemic.