May 28, 2020
Luxury Daily's live news:
Trump retaliatory executive order treats social networks as publishers – legally liable for content posted
U.S. President Trump, in a new executive order, has removed the legal shield for social media companies.
Swiss watch brand Girard-Perregaux holds auction with retailer Wempe for New York food charity
Swiss watchmaker Girard-Perregaux and German jewelry and timepiece retailer Wempe have joined forces to support a New York charity that needs help with its food-rescue operations.
Copenhagen Fashion Week SS21 to go ahead in person Aug. 9-12
While other fashion weeks’ schedules are up in the air due to bans on large gatherings, Denmark’s quick return to normality has enabled Copenhagen Fashion Week’s dates to move only a few days from the original time frame.
Bentley Motors debuts Newent line of furniture
British automaker Bentley Motors has released a new collection of furniture as part of its Bentley Home business.
Harrods turfs off-season inventory to new outlet store
U.K. department store Harrods has found a way to offload its off-season and unsold inventory that piled up over the COVID-19 lockdown period: open an outlet store in a separate location to handle the crowds.
China's apparel market to shrink by $60B this year
China’s apparel market is expected to contract by $60 billion, or 15 percent, in 2020 as the store shutdowns during the COVID-19 coronavirus outbreak hampered sales in the category.
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.