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News briefs

Day’s wrap: Tapestry, Estée Lauder, Sephora and Four Seasons

August 18, 2022

Coach is one of Tapestry's brands. Image credit: Coach

 

Luxury Daily’s live news for Aug. 18:

Tapestry’s Acceleration Program fuels FY22 growth

U.S. fashion group Tapestry, Inc. saw a sizable growth in annual sales for 2022, recording a 15 percent increase y-o-y.


Estée Lauder Companies witnesses surging FY22, assisted by makeup resurgence

U.S. beauty group Estée Lauder Companies witnessed an outstanding FY22, reflecting a recovery in bricks-and-mortar stores.


Sephora aims to go all out for virtual event, offers inaugural NFT

LVMH-owned beauty retailer Sephora is generating mammoth excitement for its biggest virtual event of the year.


Four Seasons eyes Egyptian expansion for 2025

Luxury hospitality group Four Seasons is inflating its presence in Egypt with plans for new properties.


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