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Luxury labels think long-term with bricks-and-mortar investments

September 18, 2020

The renovation of Chaumet's Paris headquarters has been completed. Image credit: LVMH

 

By Sarah Ramirez

While the luxury industry has faced setbacks as physical shopping screeched to a halt due to the coronavirus pandemic, brands are continuing full-speed ahead with investments in bricks-and-mortar.

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MOST POPULAR
  1. Richemont announces sale of Baume & Mercier to Italy’s Damiani Group
  2. Mercedes-Benz to plug all-new CLA, electric GLC in ‘GOAT’ from Sony Pictures
  3. Introducing Luxury Women to Watch 2022
  4. Assouline, De Beers Group announce book launch
  5. Lancome to secure spokeswoman Julia Roberts for $50M
  6. Zendaya, Valentino journey through a pink unknown in latest campaign
  7. BMW models top luxury auto shopper poll, Tesla slides
  8. ‘Maison Valentino Essentials’ marks new menswear direction with AI-generated campaign
  9. Through fragrance, Fendi family tells founding story
  10. Bulgari launches metaverse pop-up featuring K-Pop star
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