| | Retail Prada leverages pandemic as opportunity to contemplate, transform business  |  The global pandemic is encouraging a period of self-reflection at Prada, with the fashion label embracing the growth of ecommerce while recommitting to the value of the shopping experience in physical stores. Entire
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| Apparel and accessories Authenticity, craftsmanship key to reaching Gen Z: Balmain creative director |  As fashion houses look to reinvent themselves for the next generation of luxury consumer, French label Balmain continues to be at the forefront under the leadership of its groundbreaking creative director. Entire
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| Fragrance and personal care How beauty retailers can encourage online shoppers to embrace new products FREE |  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. Entire
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 | Retail Consumers stay home, shop online for Black Friday |  Ecommerce sales on Black Friday hit a record $9 billion while in-store shopping plummeted amid the coronavirus pandemic, per preliminary data. Entire
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| Strategy Subscribe now: Full access to 90,000+ articles, reports, videos and images FREE |  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. Entire
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| News briefs LVMH, Aston Martin, Tiffany & Co., Bentley and Nordstrom |  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. Entire
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| Marketing The young love luxury, but are brands ready? |  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. Entire
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