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Although beauty ecommerce sales have grown during the pandemic, more than half of consumers are opting to purchase tried-and-true favorites, according to new research.

Ecommerce sales on Black Friday hit a record $9 billion while in-store shopping plummeted amid the coronavirus pandemic, per preliminary data.

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Luxury Daily's live news: LVMH announces commitment alongside French Ministry for gender equality, diversity and equal opportunities; Aston Martin Residences Miami welcomes first DBX to the Americas; Tiffany & Co. leads luxury jewelers making strides toward ethical sourcing: Human Rights Watch; Bentley supports rising photographers through debut IAP Awards sponsorship; Nordstrom reports positive growth in third quarter earnings.

A few years ago, investors and the media were nervous about the new generation of consumers, arguing that they would have limited interest in luxury products. Quite clearly, it has been the opposite.

Luxury Daily's live news: LVMH announces commitment alongside French Ministry for gender equality, diversity and equal opportunities; Aston Martin Residences Miami welcomes first DBX to the Americas; Tiffany & Co. leads luxury jewelers making strides toward ethical sourcing: Human Rights Watch; Bentley supports rising photographers through debut IAP Awards sponsorship; Nordstrom reports positive growth in third quarter earnings.

Luxury Daily is not publishing on Thursday, Nov. 26 and Friday, Nov. 27 in observance of Thanksgiving. Safely enjoy time with family and friends. And thank you so much for reading us — it means a lot.

British automaker Bentley has announced its sponsorship of the International Automotive Photography Awards, which aims to establish and promote the best young automotive photography talent globally.

U.S. department store chain Nordstrom reported third quarter results on Nov. 24, which reflected sequential improvement in sales and earnings relative to the prior quarter.

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has pledged to fight for the elimination of violence against women in celebration of International Day for the Elimination of Violence against Women on Nov. 25.

New York-based Tiffany & Co. received a “strong” ranking in a new report from Human Rights Watch on responsible sourcing in the jewelry industry, while fellow luxury jewelers Bulgari and Cartier were scored as “moderate.”

British automaker Aston Martin unveiled the first models of its sports utility vehicle DBX at the Aston Martin Residences in Miami.

As the demand for sustainability has accelerated due to the pandemic, luxury companies must look beyond supply chains to make a lasting social and environmental difference.

While the strong rebound of the Chinese market has been able to uplift the luxury industry, marketers are meeting a new type of affluent consumer in China as the recovery continues.

Luxury brands are reinventing and reimagining themselves in new ways, as value-driven consumers control the market and sustainability becomes the leading principle of business.

Luxury hospitality brands must continue adapting to meet the evolving expectations of the post-coronavirus traveler.

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: Saks Fifth Avenue taps A-Rod to ring in holiday festivities; Vacheron Constantin launches phone sales, financing options in the US; Rolls-Royce unveils neon lineup of iconic cars; Net-A-Porter introduces holiday Instagram AR filter to raise charity money.

Tiffany & Co. on Nov. 24 released one of its last earnings reports before being taken over by French luxury conglomerate LVMH.

Customers have ultimately been forgiving and understanding because of the many changes to the way we all function and work, but needs have increased during the pandemic.

Luxury Daily's live news: Saks Fifth Avenue taps A-Rod to ring in holiday festivities; Vacheron Constantin launches phone sales, financing options in the US; Rolls-Royce unveils neon lineup of iconic cars; Net-A-Porter introduces holiday Instagram AR filter to raise charity money.