LVMH-owned cognac house Hennessy is celebrating the 150th anniversary of one its most enduring spirits with a unique tasting experience and exhibition.

French jeweler Chaumet has tapped South Korean actress Song Hye Kyo for the Maison’s newest Bee My Love campaign.

Fashion group Capri Holdings saw its revenues fall 66.5 percent in the first quarter of fiscal 2021, joining a growing number of luxury groups that have seen significant losses due to the ongoing COVID-19 pandemic.

As consumers are spending more time in digital environments and less time in physical stores, many companies are experimenting with new forms of digital commerce through video.

French fashion house Chanel is taking a closer look at the influence of dance on its founder’s life and work, and how her love for the art form inspired her designs through the latest episode of “Inside Chanel.”

“What you say is not as important as the bookcase behind you,” is a tagline of a Twitter account titled Bookcase Credibility. Bookcase Credibility was launched in April 2020 and has since amassed more than 105,000 followers.

Many cruelty-free beauty brands have found it difficult to enter the Chinese market due to conflicts between mandatory animal testing and their brand ideals. Now with possible relaxations to this law on the horizon, will they finally be able to seize the China opportunity?

Based on this premise of a major disease outbreak ravaging the global supply chain, JD.com’s performance is a strong benchmark to scrutinize.

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Luxury Daily’s live news for Aug. 4: Ralph Lauren Q1 2020-21 revenues fall 66pc amid prolonged store closures; Luxury consumers seek meaningful jewelry purchases; Bloomingdale’s launches Shop for Good for COVID-19 relief; Ferretti Group sees unprecedented growth in Asia Pacific.

The price for retailers over-building, overextending and overestimating their importance in the lives of customers has now come due after the disruption caused by the COVID-19 pandemic.

Luxury Daily’s live news for Aug. 4: Ralph Lauren Q1 2020-21 revenues fall 66pc amid prolonged store closures; Luxury consumers seek meaningful jewelry purchases; Bloomingdale’s launches Shop for Good for COVID-19 relief; Ferretti Group sees unprecedented growth in Asia Pacific.

Italian yacht maker Ferretti Group had its strongest first half in Asia Pacific since entering the market, overcoming any challenges posed by the coronavirus pandemic.

Department store chain Bloomingdale’s is partnering with 12 local charities combatting the effects of COVID-19 as part of its biannual Fashionable Fundraiser.

Positioning precious jewelry as personally meaningful purchases will encourage consumers as the industry looks to recover from the economic impact of the coronavirus pandemic, according to a new report from Platinum Guild International.

U.S. fashion label Ralph Lauren saw its revenues fall to $487 million in the first quarter of fiscal year 2020-21, with the coronavirus pandemic leading to declines across all regions.

British fashion label Burberry is turning to its core values to survive the pandemic, and its reliance on its transparency and ethics, along with investment in adaptable digital strategies, could help the brand come out stronger on the other side.

Even as many brands have taken a stand with Black Lives Matter and committed to more equitable hiring practices, there is a disconnect between intentions and actions when it comes to diversity and inclusion programs.