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Financial services

Savigny Luxury Index posts strong performance in November

December 8, 2020

Closed Tiffany store in China because of the coronavirus (Covid-19). Image credit: Shutterstock After months of negotiations, LVMH recently revised its deal to buy Tiffany for $15.8 billion. Image credit: Tiffany

 

By Luxury Daily News Service

The unveiling of a trio of COVID-19 vaccines as well as better-than-expected performances by Tiffany & Co., Richemont and Brunello Cuccinelli fueled optimism for the luxury sector in November.

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  1. Moët delivers the gift of bubbles in new holiday campaign
  2. K-pop star Karina becomes Prada brand ambassador
  3. Guerlain exudes timeless femininity in reimagined fragrance campaign
  4. LVMH revenues dip 2pc in Q1
  5. TikTok reshaping luxury buying behavior, new research finds
  6. Ralph Lauren odes to Martha’s Vineyard in latest collection
  7. BMW to introduce carbon footprint tracking via mobile app
  8. China’s middle class to reach 40 percent of population by 2030: BCG
  9. Dior selects new global ambassador
  10. Guerlain launches campaign for World Bee Day 2024
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