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News briefs

Day’s wrap: Gucci, Sephora, Sotheby’s, Porsche, Saks, Balenciaga and Pomellato

November 23, 2022

Guillame Motte. Image credit: (c) Eric Garault/Pascoandco, Sephora Guillame Motte. Image credit: (c) Eric Garault/Pascoandco, Sephora

 

Luxury Daily’s live news for Nov. 23:

Gucci announces departure of creative director Alessandro Michele

Alessandro Michele has run Gucci’s creative team since Jan. 21, 2015, transforming the fashion-to-leather goods label into a juggernaut for parent Kering, one of the three largest luxury conglomerates worldwide.

Sephora names veteran Guillaume Motte as CEO to spearhead global expansion

Guillaume Motte will take over as president/CEO of LVMH-owned Sephora starting Jan. 1, ending a period of uncertainty at the world’s leading prestige retailer of beauty and fragrance products.


Sotheby’s International Realty targets new developments, referrals with Kazakhstan foray

Sotheby’s International Realty is entering the Central Asian market of Kazakhstan, enticed by the prospect of burgeoning demand for real estate in the energy-rich country.


Porsche brings initiative and immersive art installation ‘Dream Big’ to US

Aiming to target affluent art collectors, German automaker Porsche will bring “The Art of Dreams” installations to the United States, coupled with “Dream Big,” a sensory experience from Scottish artist Chris Labrooy.


Saks, Sir Elton John launch partnership to support entertainer’s AIDS foundation

U.S. department store chain Saks debuted its 2022 holiday campaign with a musical performance by British icon Sir Elton John.


Balenciaga pulls controversial ad campaign featuring kids amidst uproar

Due to resounding criticism, French fashion brand Balenciaga has pulled its latest ad campaign that featured images of children posing with sexually suggestive merchandise and props.


Pomellato releases video showing support for female victims of violence

Milanese jeweler Pomellato, to commemorate the International Day for the Elimination of Violence Against Women Nov. 25, will release a video featuring a host of entertainers, authors and activists showing their support for female victims of abuse.


Invitation to participate: State of the Luxury Market 2023 Survey

Luxury Daily invites you to participate in the State of the Luxury Market 2023 Survey. All respondents will receive the executive summary of the report, plus a complimentary copy of a new Unity Marketing trend report, “HENRYs in Recession: How Luxury Brands Can Prepare.”


Introducing Luxury Women to Watch 2023

Luxury Daily annually honors smart women executives who show the potential to make a difference next year in the luxury business.


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