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In 2020, the world added 412 billionaires, about eight billionaires a week, to take the world total record to 3,228 billionaires, according to Hurun.

Purpose-driven initiatives are not new for luxury marketers, and consumers expect their brands to take a position on social issues.

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

Luxury Daily’s live news: Kering invests in latest funding round for Vestiaire Collective; Rolls-Royce names Chestnut Tree House as 2021 house charity; TCS World Travel adds chartered catamarans to lineup; Redfin adds new markets for Premier listings; Ralph Lauren launches subscription service.

Luxury Daily’s live news: Kering invests in latest funding round for Vestiaire Collective; Rolls-Royce names Chestnut Tree House as 2021 house charity; TCS World Travel adds chartered catamarans to lineup; Redfin adds new markets for Premier listings; Ralph Lauren launches subscription service.

Real estate brokerage Redfin is expanding its offering for high-end home sellers to new markets, as luxury real estate markets across the United States see strong growth.

U.S. fashion group Ralph Lauren Corporation is starting a subscription rental service as it looks to adapt with evolving consumer behavior.

Tour operator TCS World Travel is partnering with yacht charter company The Moorings to introduce all-inclusive luxury catamaran charters.

British automaker Rolls-Royce has selected Chestnut Tree House as its annual house charity, as voted on by its Goodwood employees in a yearly tradition.

Resale platform Vestiaire Collective has announced another successful funding round, backed by French luxury conglomerate Kering, as growth in the pre-owned fashion sector continues to accelerate amid the COVID-19 pandemic.

Although luxury watches maintain a steady consumer base, no brand has come close to outselling the Apple Watch, the best-selling watch in the world.

Despite the ongoing disruption of a global pandemic, the number of ultra-high-net-worth individuals (UHNWIs) continues to climb.

Italian automaker Lamborghini is playing up the adrenaline rush of its sports cars in a high-soaring effort.

Swiss watchmaker Audemars Piguet is sharing an in-depth look at the mechanics of its timepieces in a new engaging and educational video series.

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

Luxury Daily’s live news: Farfetch debuts on Tmall Luxury Pavilion; Gucci launches charitable t-shirt capsule; Douglas Elliman owner launches PropTech investment venture; Bloomingdale’s expands rewards program with new tiers, options; Cosabella steps into beauty sector with debut fragrance.

U.S. retailer Nordstrom is partnering with smart home gym Tonal to bring the strength training system to customers nationwide.

Luxury Daily’s live news: Farfetch debuts on Tmall Luxury Pavilion; Gucci launches charitable t-shirt capsule; Douglas Elliman owner launches PropTech investment venture; Bloomingdale’s expands rewards program with new tiers, options; Cosabella steps into beauty sector with debut fragrance.

U.S. retailer Bloomingdale’s is introducing new features to its Loyallist program, making it easier for customers to navigate the rewards program and earn more perks.

U.S. holding company and Douglas Elliman parent organization Vector Group is bringing an innovative tool to the real estate sector with the launch of a new investment vehicle.

Italian luxury lingerie brand Cosabella is expanding its product offerings with the launch of a new beauty section and its first-ever fragrance.