April 8, 2021
Luxury Daily’s live news for April 8:
Paul Andrew departs Ferragamo after 2 years as creative director
Italian fashion label Salvatore Ferragamo and creative director Paul Andrew are parting ways in May, ending months of speculation.
Bentley branches into branded residences
British automaker Bentley Motors is building its first branded residences, becoming the latest luxury marque to expand into real estate.
Rolls-Royce celebrates new sales record
British automaker Rolls-Royce set a new sales record in the first quarter of 2021, delivering more vehicles than any quarter in its history.
Crypto fashion brand introduces $25K NFT hoodie
British fashion label Overpriced is aiming to become the leading apparel brand for the “crypto generation” with the launch of its first season of NFT items.
Digital authentication tools protect brands, consumers against fake luxury
The growth of ecommerce has contributed to an increase of counterfeit goods, but brand protection teams are turning to digitalization as a way to fight fraud.