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News briefs

Day’s wrap: Porsche, Jaeger-LeCoultre, Saks, fashion and carbon emissions, State of the Luxury Market Survey 2023 and Luxury Women to Watch 2023

November 1, 2022

Porsche is one of the few luxury auto brands to find consumer reception to its vehicle subscription and rental program. Image credit: Porsche Porsche is one of the few luxury auto brands to find consumer reception to its vehicle subscription and rental program. Image credit: Porsche

 

Luxury Daily’s live news for Nov. 1:

Porsche marks 5th anniversary of vehicle subscription service

Porsche Drive, a vehicle-borrowing program from the German luxury sports car manufacturer, celebrates its fifth anniversary this month.


Jaeger-LeCoultre anoints Chinese celeb Jackson Lee as global ambassador

Swiss watchmaker Jaeger-LeCoultre named Chinese actor, singer and dancer Jackson Lee as its newest global ambassador.


U.S. retailer Saks unveils new beauty recycling program in ESG move

U.S. department store chain Saks has partnered with waste management company TerraCycle to debut a new beauty recycling program.


Fashion industry’s carbon emissions increasing: report

The world’s largest fashion companies are not sticking to their commitment to reduce carbon emissions, according to a new report from U.S.-based environmental action group Stand.earth.


Invitation to participate: State of the Luxury Market 2023 Survey

Luxury Daily invites you to participate in the State of the Luxury Market 2023 Survey. All respondents will receive the executive summary of the report, plus a complimentary copy of a new Unity Marketing trend report, “HENRYs in Recession: How Luxury Brands Can Prepare.”


Introducing Luxury Women to Watch 2023

Luxury Daily annually honors smart women executives who show the potential to make a difference next year in the luxury business.


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