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News briefs

Day’s wrap: Richemont, Lanvin, Macallan, 24S and WatchBox

November 23, 2021

Richemont looks to expand digital capabilities for all of its brands with AWS infrastructure overall. Image credit: Cartier

 

Luxury Daily’s live news for Nov. 23:

Richemont transforms IT infrastructure with AWS
Swiss luxury conglomerate Richemont Group has selected Amazon Web Services (AWS) as its preferred cloud provider to modernize its infrastructure and drive product innovation.

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Lanvin Group unveils new brand identity
Lanvin Group has launched its new brand identity after formally changing its name from Fosun Fashion Group.

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The Macallan debuts holiday pairing kit for charity
The Macallan has partnered with premium gourmet chocolatier Compartés to bring customers a holiday gift set that keeps on giving.

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24S launches genderfree capsule collection
LVMH-owned online retailer 24S has debuted a genderfree capsule collection by jewelry designer Charlotte Chesnais in a reflection of growing inclusivity in luxury.

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WatchBox secures $165M in funding, continues global expansion
Pre-owned timepiece seller WatchBox has raised $165 million of equity capital, which it plans to invest in its continued expansion as the secondhand hard luxury sector grows.

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Sightseeing is leaving the luxury travel itinerary: Ritz-Carlton
Despite a decrease in travel caused by the COVID-19 pandemic, demand for domestic tourism is growing in China, with younger travelers eager to gather meaningful, long-lasting experiences.

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