Luxury Daily’s live news for Jan. 20:
Richemont sees sales gains in Q3, boosted by ecommerce, China
Swiss luxury group Richemont saw double-digit growth in online sales, as its recovery continued into the third quarter of its fiscal year.
Burberry achieves strong digital growth as store closures linger
British fashion label Burberry experienced strong sales growth in mainland China during the third quarter of its fiscal year, both in-store and online, as it continued to face challenges amid the COVID-19 pandemic.
Audi introduces virtual workspaces to transform internal interactions
German automaker Audi has launched a virtual space to enable employees to learn and work in a digital setting during the ongoing COVID-19 pandemic.
Tag Heuer taps tennis star Naomi Osaka as ambassador
Swiss watchmaker Tag Heuer has enlisted tennis champion Naomi Osaka as its newest ambassador athlete as the brand continues to move in a younger and more diverse direction.
Wall Street sees record highs on Inauguration Day
All three United States stock markets closed at record highs on Jan. 20, following the inauguration of Joseph R. Biden as the country’s 46th president.
Webinar: Why authenticity matters even more for luxury brands as post-pandemic consumer evolves
Register now for the free webinar on Wednesday, Feb. 3 at noon to 1 p.m. EST (New York time) titled, “Authenticity in a Post-COVID World: From the Eyes of a Marketer”
Cartier puts classic collections on display in fresh campaign
French jeweler Cartier is casting a light on nearly its entire product repertoire with the unveiling of a campaign that showcases its most iconic collections.