Today in luxury marketing – Hermès sales growth accelerates; Diane von Furstenberg adorns Australia’s luxury island with a touch of high-fashion; Labelux sells Derek Lam business; British man sells his McLaren F1 for over $5.5 million.
Today in luxury marketing – Prada first-half profit up 60 percent; At Estée Lauder, a brand is developed just for China; Derek Lam unveils line for Kohl’s; China’s corruption crackdown takes shine off luxury boom.
Audi of America is leveraging its second-time sponsorship of the 64th Primetime Emmy Awards through a collaboration with U.S. label Derek Lam that will put the brand front and center during live behind-the-scenes online footage.
German automaker Mercedes-Benz has named American designer Derek Lam as the Mercedes-Benz Presents designer, a move that will further integrate the automaker with on-the-edge design and style.
Today in luxury marketing – Tod’s profits up 33pc; Post-recession, the rich are different; Derek Lam, eBay celebrate line; Luxury-goods firms contemplate IPOs.