August 25, 2020
Luxury Daily’s live news for Aug. 25:
Rolls-Royce rolls out refreshed branding for diverse, digital-first clients
British automaker Rolls-Royce Motor Cars is revealing a refreshed rebrand as the marque looks to modernize its visual identity.
Tiffany & Co. extends deadline for acquisition by LVMH
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton and U.S. jeweler Tiffany & Co. have given themselves more time to complete an acquisition, according to a report from Reuters.
Tmall Luxury launches Gen Z-friendly features for brands
China ecommerce giant Alibaba’s Tmall Luxury is launching new features to help brands better reach young Chinese affluents.
Cunard cancels all voyages until spring 2021
Luxury cruise line Cunard will continue its suspension of sailings into spring 2021, as uncertainty and challenges surrounding the coronavirus endure.
Livestreaming commerce to reach $100B in China by 2023: Forrester
Ecommerce will drive more than half of global retail sales over the next five years, as the COVID-19 pandemic has speeded up the growing trend towards online shopping.
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