Today in luxury marketing – Small leather goods stoke Louis Vuitton’s “speedy” recovery; Turkish-Arab investors to spend $322M on luxury Greek resort; BMW says 120 vehicles damaged in South Carolina train derailment; Michelle Obama’s Gucci dress may have a hidden political message.
While Singles’ Day catches the eye of most luxury retailers rather than Black Friday deals, those that continue to skip the discount-focused day will miss out, as even affluent consumers still appreciate a good deal.
The extra security measures put in place around Trump Tower on New York’s Fifth Avenue are hurting business for its neighboring retailers.
Kering-owned Italian fashion house Gucci is heading into the gardens of Rome to prompt holiday gifting this festive season.
Hamish Bowles, Condé Nast-owned Vogue’s international editor at large, has curated an ambitious exhibition exploring 500 years of fashion, set to be held at Chatsworth House this coming March.
Today in luxury marketing – Pinault: It’s just the beginning of Alessandro’s Gucci; Qatar’s Abu Issa Holding to enter Iran retail market in 2017; Handbag sellers slashing their lineups as luxury demand wanes; James Galanos, fashion designer for the elite, dies at 92.
Today in luxury marketing – Marco Bizzarri on Gucci’s remarkable turnaround; Neiman Marcus taps enterprise app vice president as CIO; VW’s Audi warns of currency hit to sales in challenging market; British Fashion Council re-brands London Fashion Weekend, sets new venue for London Fashion Week.
Gucci’s Alessandro Michele is lending his creative talents to curate the sixteenth edition of A Magazine, a collaborative fashion and art publication.
Luxury Daily’s live news from Oct. 25 – Versace’s new book speaks to Donatella Versace’s forward-looking contributions; Vogue Arabia launches online first, indicating changing print landscape; The Luxury Collection restores pre-colonial complex for authentic stays in Singapore; Kering’s confidence continues toward year’s end, led by Gucci and Saint Laurent.
French conglomerate Kering Group, which counts Gucci and Saint Laurent within its stable, has recorded an 11.3 percent increase in its luxury activities for the third quarter of 2016.