June 1, 2020
Luxury Daily's live news:
US department store chain Nordstrom closes some stores again after looting
The retailer has had to close some stores to assess the damage even as the United States is on edge after the death of an African-American citizen in police custody. Looters and rioters have taken advantage of the situation and broken into stores across several cities.
US retail lobby NRF alarmed at looting of stores, unsure of speed of economic recovery
The National Retail Federation’s top executive has expressed alarm at the ransacking and looting of retail stores across the United States following the death last week of George Floyd in Minneapolis police custody.
Dior Talks debuts “The Female Gaze” in its next podcast series
French fashion brand Dior has introduced a new series to its Dior Talks podcast channel with a take on how women photographers view women.
Kering reaffirms support LGBTQIA+ in June Pride month
French luxury conglomerate Kering has reaffirmed its commitment to create and maintain an equal and inclusive environment for all employees worldwide as it celebrates the LGBTQIA+ Pride month of June.
Luxury brands condemn racism even as looters damage Chanel, Bloomingdale’s and Nordstrom stores in US
If dealing with the COVID-19 lockdowns was not enough, now luxury brands and retailers have to be on full alert as rioters across the United States lash out over the demise of George Floyd, an African-American man whose death by a Minneapolis police officer triggered a nationwide backlash.
Roundtable: Industry heavyweights on the future of the luxury watch business
Fabienne Lupo, president and director-general of the Fondation de la Haute Horlogerie in Geneva, Ruediger Albers, U.S. president of German timepiece retailer Wempe, and Brian Duffy, CEO of Watches of Switzerland, each offered their take on the future of the watch industry and its evolution as the COVID-19 lockdowns ease.
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.