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News briefs

Day’s wrap: Net-A-Porter, Audemars Piguet, Bentley, Estée Lauder Cos. and Macy’s Inc.

June 25, 2020

Twenty celebrities volunteered advice to their younger selves to mark online retailer Net-A-Porter's 20th anniversary. Image credit: Net-A-Porter Twenty celebrities volunteered advice to their younger selves to mark online retailer Net-A-Porter's 20th anniversary. Image credit: Net-A-Porter

 

Luxury Daily's live news: 

Net-A-Porter, on its 20th anniversary, asks 20 women to give advice to their younger selves
Contributors included Donatella Versace, Margaret Atwood, Jane Fonda, Ava DuVernay, Gillian Anderson, Charlotte Tilbury, Misty Copeland, Tata Harper and Isabel Marant.

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Swiss watchmaker Audemars Piguet opens new “living” museum combined with production workshops
Swiss watchmaker Audemars Piguet has opened its new museum to public, showcasing watches and the craftsmanship that goes into making them.

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End of production for Bentley’s Mulsanne flagship sedan
It is the end of the production line for the Mulsanne, a majestic sedan from Bentley Motors made completely by hand and the flagship of the British automaker for 11 years.

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Jane Hertzmark Hudis promoted to executive group president of US cosmetics giant Estée Lauder Cos.
U.S. cosmetics giant Estée Lauder Companies has promoted Jane Hertzmark Hudis to executive group president effective July 1, potentially prepping her for the top job in the future should a vacancy occur.

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Bloomingdale’s parent Macy’s Inc. to cut loose 3,900 employees
Bloomingdale’s parent Macy’s Inc. will let go of nearly 3,900 employees as it restructures to cope with lost sales over the COVID-19 lockdowns imposed across the United States March 18 through May 4.

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Affluent consumers expect pandemic to drag on: YouGov
Affluent consumers are feeling more relaxed now that stores have reopened, but concerns over COVID-19 are not going away anytime soon as the coronavirus persists and confidence in the economy is low.

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Deadline extended to June 30: Call for nominations: Luxury Women to Watch 2021
Even as more women ascend the decision-making ranks at luxury marketers amid the current healthcare crisis, work needs to be done to attract them to C-suite and key marketing, retail, media and digital positions in a business that shows resilience and long-term focus in good times and bad.

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