Luxury Daily’s live news updates from Nov. 17 – Ferragamo picks former Lanvin designer to head menswear; Trump’s midtown Manhattan base causes problems for luxury retail; Neiman Marcus embraces high-low mix with Rent the Runway partnership; Versace-branded resorts enter Middle East with Dubai opening.
Today in luxury marketing – Paolo Riva resigns as CEO of Diane von Furstenberg; Swarovski forum details China’s growth cities, multibrand potential; New York residents dump Trump from luxury flats; Luxury market sees no post-election uptick.
The extra security measures put in place around Trump Tower on New York’s Fifth Avenue are hurting business for its neighboring retailers.
Today in luxury marketing – Security, protests disrupt retailers near Trump Tower on Fifth Avenue; Alibaba tops Singles’ Day record as Chinese consumers rally; Will luxury streetwear get millennials into department stores?; Audi CEO to face renewed VW emissions inquiry, says sources.
Today in luxury marketing – Moschino drives Aeffe profits in 9-month period; One-quarter of landlords at Manhattan’s luxury rentals offering sweeteners; Daimler promotes Wagener to new role of chief design officer; What Trump’s win means for the luxury industry in China.
Luxury Daily’s live news from Nov. 9 – Montblanc taps new CEO as part of Richemont restructuring; Burberry confident about reaching financial goals despite profit decline; Trump brand bounces back from toxicity with election win; Yoox Net-A-Porter balks luxury slowdown trend with accelerating revenue.
Today in luxury marketing – Analysts say Trump win negative for European luxury stocks; India abolishes larger banknotes in fight against graft, “black money”; Is delisting the next step for Luxottica?; Coty says sales slide to continue in current quarter, shares fall.
Luxury Daily’s live news from Oct. 26 – Hugo Boss reportedly moving focus away from luxury; Barneys publishes first book in 93-year history; Trump brand has become more toxic following vulgar remarks: Brand Keys; Christie’s sparks UGC participation with outdoor display.
Luxury Daily’s live news from Oct. 4 – LVMH adds Rimowa to stable of brands; Justin O’Shea exits Brioni after less than a year; Trump brand value sees mixed impact following presidential bid; Jaeger-LeCoultre promotes film festival sponsorship via Snapchat, exhibit.
Donald Trump’s presidential campaign has increased consumers’ perception of the value of his country and golf clubs.