May 21, 2021
Luxury Daily’s live news for May 21:
Richemont records strong performance due to online sales, jewelry
Swiss luxury group Richemont has reported a strong financial performance in its fiscal year ending March 31, 2021.
IWC Schaffhausen, Mercedes-Benz announce new collaborative timepiece
Swiss watchmaker IWC Schaffhausen and German automaker Mercedes-Benz are announcing their collaboration to launch a new timepiece.
Coty president of luxury brands steps down
Beauty group Coty has announced that Simona Cattaneo is stepping down from her role as its president of luxury brands.
Prada, Farfetch highlight new AR features on Snap Inc.
Social media company Snap Inc. is launching new AR features and effects for Snapchat users, creators, businesses and beyond.
Foundation Valmont addresses societal issues with new art exhibition
Foundation Valmont is using an iconic story to illustrate larger societal issues in a new artistic effort.
Luxury is about time and people: Valentino creative director
Since becoming co-creative director of Italian fashion house Valentino in 2008 and sole creative director in 2016, Pierpaolo Piccioli has pushed the brand into commercial and cultural success.