By 2025, China’s perfume sales should reach $4.7 billion. Those numbers alone may sound less impressive, but comparing them to the global growth rate — about 7 percent— Chinese market potential has grown to three times the global rate.

Luxury Daily’s live news: Gucci partners with Billie Eilish for limited-edition gift box; Valentino announces new eyewear agreement beginning July 2022; Bulgari opens newest hotel in Paris; DFS Group opens transformative Dom Pérignon x Lady Gaga pop-up; Cunard announces partnership with Pacific Symphony.

Italian fashion label Gucci is getting into nail art with the help of Grammy Award-winning singer Billie Eilish.

Cruise line Cunard is announcing a new musical partnership in its tradition of spotlighting cultural offerings.

Italian jeweler Bulgari’s hospitality brand is opening a new location in Paris, the seventh hotel in its collection.

Italian fashion house Valentino is announcing its new eyewear license agreement with Switzerland-based Akoni Group.

Luxury travel retailer DFS Group has partnered with LVMH-owned Champagne house Dom Pérignon on a pop-up centered centering Oscar-winning actor and singer Lady Gaga.

After grappling with the collateral effects of the COVID-19 crisis for nearly two years, the fashion industry looks to 2022 with optimism, but there are caveats to its recovery.

Art Basel is making a triumphant return to Miami Beach after last year’s canceled events, and luxury brands are following suit with the hopes of engaging with creative-minded affluents.

Luxury automakers and buyers continue to face widespread market challenges, including limited inventory and high prices.

British leather goods house Mulberry is committing to achieving a regenerative and circular business model, making the industry more sustainable one handbag at a time.

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Luxury Daily’s live news: Mercedes-Benz unveils final collaboration with Virgil Abloh; Gucci reunites with The North Face for new capsule; Sotheby’s, Net-A-Porter partner for New York Luxury Week; Dolce & Gabbana previews upcoming Casa offerings online; The Dalmore leverages NFT collection for exclusive experience.

The economic and demographic landscape shaping today’s luxury consumption outside Tier-1 cities is more complicated than many global players realize.

Luxury Daily’s live news: Mercedes-Benz unveils final collaboration with Virgil Abloh; Gucci reunites with The North Face for new capsule; Sotheby’s, Net-A-Porter partner for New York Luxury Week; Dolce & Gabbana previews upcoming Casa offerings online; The Dalmore leverages NFT collection for exclusive experience.

Italian fashion label Dolce & Gabbana is launching a selection of its home accessories online as it expands into the home furnishings sector.

German automaker Mercedes-Benz is paying tribute to Virgil Abloh with the unveiling its final collaboration with the late designer.

Auction firm Sotheby’s and online luxury retailer Net-A-Porter have kicked off this month’s New York Luxury Week as part of their year-long global partnership.