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News briefs

Day’s wrap: Valentino, Moncler, Emilio Pucci, Acqua di Parma and Estée Lauder

October 29, 2021

Shoppers can send their vintage Valentino pieces to select resale stores. Image courtesy of Valentino

 

Luxury Daily’s live news for Oct. 29:

Valentino promotes circularity with latest vintage resale project
Italian fashion house Valentino has launched a new vintage resale project, encouraging consumers to participate in a circular, more sustainable fashion industry.

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Valentino names Alessandra Andreani CEO South Asia, Australia
Italian fashion house Valentino has announced Alessandra Andreani as its newest chief executive officer of the South East Asia and Australia markets.

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Moncler sees 54pc revenue growth in first 9 months of 2021
French-Italian fashion group Moncler S.p.A. has reported revenue of 1.17 billion euros, or $1.36 billion at current exchange rate, during the first nine months of 2021.

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Emilio Pucci, Acqua di Parma join to support Save the Children
LVMH-owned Italian fashion house Emilio Pucci and fragrance brand Acqua di Parma have presented a new holiday season fragrance collection to support Save the Children’s Rewrite the Future initiative.

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Estée Lauder goes ‘beyond plastics’ in space sustainability challenge
Beauty group Estée Lauder has joined the International Space Station (ISS) National Lab’s Sustainability Challenge, Beyond Plastics, as an exclusive partner to fund research toward sustainable plastics alternatives.

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Government criticism unlikely to dissuade brands from leveraging social media marketing
While the U.S. government is taking a more proactive role in technology and social media regulation, it is doubtful marketers will reduce their reliance on these platforms to engage with consumers.

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