Luxury Daily

Strategy

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Versace, Fendi, Gucci, Burberry, Ferrari and Four Seasons

Luxury Daily’s live news: Versace, Fendi swap designs to close Milan Fashion Week; Gucci debuts online concept store; Burberry appoints new chief digital and analytics officer; Ferrari partners with Sir Jony Ive, Marc Newson; Four Seasons at Home expands product offerings.

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Jewelry
How technology can make diamonds more sustainable

With the diamond industry continuing to trend towards sustainability, technology and innovation will play a key role in the sector.

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Watches and jewelry
Vacheron Constantin uses artistry to explain science of watchmaking

Swiss watchmaker Vacheron Constantin is getting artsy in new vignettes for its “Science And Complications” series.

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Retail
Globalization no more: Get ready for another 12 months of local luxury consumption

We are 18 months into the COVID-19 outbreak and it is starting to be pretty clear that long-haul travel will not be up and running until late 2022 or early 2023.

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Strategy
Subscribe now: Full access to 90,000+ articles, reports, videos and images

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world’s leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

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News briefs
Kering, LVMH, L’Oréal, Loewe and The Macallan

Luxury Daily’s live news: Kering says farewell to fur; LVMH, L’Oréal addressing environmental transparency in beauty industry; Loewe Foundation to celebrate artisans with 2022 Craft Prize; The Macallan enlists photographer to celebrate new Double Cask.

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Columns
The luxury market is not what it used to be. Here is why

The term “luxury” has always been difficult to define, especially as its essence is always changing.

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News brief
Day’s wrap: Kering, LVMH, L’Oréal, Loewe and The Macallan

Luxury Daily’s live news: Kering says farewell to fur; LVMH, L’Oréal addressing environmental transparency in beauty industry; Loewe Foundation to celebrate artisans with 2022 Craft Prize; The Macallan enlists photographer to celebrate new Double Cask.

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Apparel and accessories
Loewe Foundation to celebrate artisans with 2022 Craft Prize

Spanish apparel and accessories house Loewe has opened applications for the fifth edition of its Craft Prize, celebrating creativity and innovation in contemporary craftsmanship.

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Food and beverage
The Macallan enlists photographer to celebrate new Double Cask

Scottish whisky maker The Macallan has tapped an acclaimed American artist and photographer to capture the unique flavor profile of Double Cask 30 Years Old, its latest addition to the Double Cask range.

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Fragrance and personal care
LVMH, L’Oréal addressing environmental transparency in beauty industry

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton and French cosmetics group L’Oréal are among the organizations that are collaborating on an industry-wide environmental impact assessment for cosmetics products.

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Sustainability
Kering says farewell to fur

French luxury conglomerate Kering has stopped using animal fur, starting from its fall 2022 collections.

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Retail
Pandemic showed us where we could improve: Hugo Boss COO

The COVID-19 pandemic has forced brands to adapt their retail models, from operations to customer communications and talent retention.

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Marketing
Social commerce thrives with AR, personalization

Social media has transformed into the ultimate shopping destination, and brands are taking note.

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Apparel and accessories
Burberry takes its monogram to the great outdoors

British fashion label Burberry is presenting its TB monogram at the intersection of nature and technology in an artistic new film.

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Fragrance and personal care
Heightened interest in skincare will last: Bazaarvoice

Interest in skincare has skyrocketed since the start of the COVID-19 pandemic, and it does not seem to be dwindling anytime soon.

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Marketing
Does swapping celebrities damage your brand?

The continued disruption of luxury – scandals, blacklisting and cancellations all underpinned by government regulations and clampdowns – makes for an unprecedented period in the China’s entertainment history, which is still reeling from the fallout of COVID-19.

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Strategy
Subscribe now: Full access to 90,000+ articles, reports, videos and images

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world’s leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

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News briefs
LVMH, Bentley, Tapestry, Vestiaire Collective and Sotheby’s

Luxury Daily’s live news: LVMH looks for younger, more diverse talent; Bentley celebrates 70 years of design at Crewe; Tapestry signs climate positive initiative; Vestiaire Collective worth $1.7B after new investments; Frida Kahlo self-portrait estimated at $30M.

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QUOTE OF THE DAY
The luxury market is not what it used to be. Here is why
By

The term “luxury” has always been difficult to define, especially as its essence is always changing.

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Typography company’s legal saga demonstrates difficulties of protecting creations without IP rights
By

Outside of traditional IP rights there are few paths that the originators of creative expressions can take to prevent the theft of their intellectual property, leaving them practically defenseless when confronted with such misuse.

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Beyond Beeple: The real value of NFTs for luxury brands
By

For better or worse, scarcity and exclusivity are founding values of the luxury goods industry — values that have made most luxury brands extremely slow to adapt to digital world in which things are easily replicated.

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How do you take a luxury experience and digitize it?
By

While many industries were able to adapt and embrace the new digital frontier, for others, finding a substitution for in-person experiences was more difficult.

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