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News briefs

The RealReal, Moncler, BMW, Celine, Porsche and Mandarin Oriental

March 2, 2023

The space features design inputs from house creative director Hedi Slimane, who worked to customize Celine’s latest shop-in-shop. Image credit: Celine The space features design inputs from house creative director Hedi Slimane, who worked to customize Celine’s latest shop-in-shop. Image credit: Celine

 

Luxury Daily's live news for March 1:

Revenues up 29pc in 2022 as The RealReal attempts to turn profit
A positive quarter-over-quarter performance and a newly-appointed chief executive at The RealReal beg the question – could things soon be looking up for the luxury resale platform?


Moncler Group revenue up 27pc to $2.8B in 2022
Italian fashion group Moncler S.p.A., whose puffer jackets are popular with the in-crowd, experienced double-digit revenue growth year over year in 2022.


BMW goes public with pilot ‘hydro-fleet’ program
German automaker BMW is calling attention to a new invention – an apparatus that operates on one of the planet’s most plentiful natural resources.


Celine debuts dedicated fragrance destination in Le Bon Marché
French fashion house Celine is sharing news of the brand’s first standalone department store fragrance stop.


Porsche centers collectors with third-annual ‘Restoration Challenge' competition
German luxury automaker Porsche is inviting the public to submit their most prized possessions for fine-tuning, as the company celebrates 75 years in business.


Café Boulud cements first West Coast location with Mandarin Oriental
Mandarin Oriental Hotel Group is welcoming Michelin-starred chef and restaurateur Daniel Boulud to its newest residential property, where he will open his first restaurant on the U.S. West Coast.


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