Luxury Daily
Commerce
Perfect Corp. buys virtual try-on leader Wannaby

The company will extend its virtual try-on technology to the fashion space via its acquisition of Wannaby Inc. from Farfetch.

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Commerce
EssilorLuxottica acquires AI-driven tech startup Pulse Audition

The company creates noise reduction and voice enhancement tools, allowing those with hearing impairments to better understand speech.

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Arts and entertainment
Kering celebrates New Year with artist Jiang Miao

The artwork combines ideas from Eastern philosophies with a unique knife-carved painting style.

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Apparel and accessories
Gucci honors Lunar New Year

Joined by Chinese actors Xiao Zhan and Ni Ni, the Italian fashion label is engaging both global brand ambassadors ahead of the start of the Year of the Snake.

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Q&A
Off the Cuff: Getting to know luxury’s top-tier talent in 2024

The interview series explores the career paths, current projects and next steps of those shaping the world’s best luxury brands.

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Apparel and accessories
Archival Viktor & Rolf, Maison Margiela, Marni on view at Rome’s MAXXI Museum

The “Memorabile. Ipermoda” exhibition explores fashion’s relationship to contemporary society.

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Watches and jewelry
Audemars Piguet shares season’s greetings

The digital drop includes a cameo from Ilaria Resta, CEO of the Swiss watchmaker.

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Automotive
BMW invests in carbon-neutral mining startup Phoenix Tailings

The German automaker is taking additional steps towards securing a sustainable supply chain.

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Apparel and accessories
Designer Rosita Missoni dies at 93

The Italian fashion label’s cofounder passed away in Italy on Jan. 2, leaving behind a legacy of glamor.

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Apparel and accessories
Louis Vuitton rekindles connection with artist Takashi Murakami

The French fashion house is reviving a set of playful designs, marking the 20-year anniversary of an epoch-making collaboration with a re-edition.

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Sponsored
Global contemporary art community shined at SCOPE Art Show 2024

This year’s show had a successful run during Miami Art Week with a theme of “interdependence.”

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Travel and hospitality
Kimpton Hotels to unveil hotel, branded residences in Mexico

The IHG-owned property is slated to open in 2026 and will be located in the largest skyscraper in Latin America.

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Watches and jewelry
The 1916 Company invests in jewelry vertical  

The jewelry group aims to transform the client experience with educational and entertaining content.

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Commerce
Saks Global completes Neiman Marcus acquisition

The American division of the Canadian holding company Hudson’s Bay Company purchased the U.S. department store for a total enterprise value of $2.7 billion.

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Automotive
Maserati unleashes anniversary activations worldwide

The brand celebrated the occasion with the Maserati GT2 Stradale and the Maserati GranTurismo “110 ANNIVERSARIO”.

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Food and beverage
Veuve Clicquot talks Champagne etiquette in digital content

The LVMH-owned brand is granting lessons in luxury in time for holiday festivities.

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Columns
The art of subtlety: ‘Solving’ the luxury market’s slump

If luxury brands are to rally against the market slump, they must think carefully about how their design resonates with today’s consumer values.

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Editorial calendar
Happy Holidays!

Luxury Daily will not publish from Monday, Dec. 23 to Friday, Dec. 27 in observance of Christmas. We will resume publication on Monday, Dec. 30.

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QUOTE OF THE DAY
Lions, tigers, bears and ‘Wirkins,’ oh my!: The legality of Walmart’s Hermès Birkin dupe
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For better or worse, dupes are not illegal if they meet certain requirements.

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The art of subtlety: ‘Solving’ the luxury market’s slump
By

If luxury brands are to rally against the market slump, they must think carefully about how their design resonates with today’s consumer values.

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Luxury Unfiltered: Reclaiming luxury leadership when client expectations shift
By

Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.

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Luxury Unfiltered: When brands fall spectacularly short on client service
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Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.

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More Columns