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Day’s wrap: Consumer behavior, Cunard, Seabourn, Tom Ford and La Perla

March 31, 2020

Luxury Daily's live news: COVID-19 will force brands to let consumers experience products and services outside the store; Cunard, Seabourn extend voyage moratorium through mid-May as COVID-19 lockdowns continue; How Tom Ford innovates with consultations as stores remain shut; La Perla donates 10,000 masks to Bologna as hometown grapples with COVID-19.

42pc of American luxury shoppers buying high-end items as ‘rewards’: YouGov

April 26, 2024

These U.S. consumers are driven by emotion more often than functional factors such as quality when making designer purchases, according to a new report.

Mercedes-Benz adds celebrity touch to G-Class rollout

April 26, 2024

Famous musicians, models and social media personalities recently flocked to Los Angeles for a reveal of the German automaker's all-electric off-roader.

Follow @LuxuryDaily for the latest in luxury news

April 26, 2024

Are you fluent in the language of luxury? For content, conversation and more, check out @luxurydaily on Instagram, LinkedIn and Twitter.

La Mer appoints first male brand ambassador

April 25, 2024

Starring in a new campaign, 45-year-old bestselling Taiwanese singer Jay Chou now represents the Estée Lauder Companies subsidiary.

Double-digit growth streak continues at Hermès

April 25, 2024

All of the French fashion and leather goods house's business areas and segments reported sustained spikes in revenue.

Prada Group sees first quarter sales rise 16pc

April 25, 2024

The company’s performance was uplifted by strong retail showings and maintained sales momentum at Italian fashion house Miu Miu.

Nobu to open hotel, restaurant in East Cairo

April 25, 2024

The global hospitality group's third property to be based in Egypt is soon to come, thanks to a partnership with local real estate developer SODIC.

Gucci makes splash with ‘Lido’ collection

April 25, 2024

Creative director Sabato De Sarno continues his love of applying modern twists to the Italian fashion house's classics.

Sofitel leverages local ties in new campaign film

April 25, 2024

The hospitality brand's values have received a refresh — shot in Mexico City, its cinematic release promotes “a desire to create encounters between cultures, people and ideas.”

Zegna Group raises revenue 8pc in first quarter

April 24, 2024

Strong performances in the Americas and across EMEA pushed the Italian luxury conglomerate toward positive growth.

Porsche named official electric vehicle of 2024 Met Gala

April 24, 2024

The German automaker's Macan model will shine alongside the stars during one of the biggest nights in luxury fashion.

Kering rocked by 11pc sales dip in Q1

April 24, 2024

The French luxury conglomerate's financial losses are attributed to its underperformance in Asia, as well as Italian fashion label Gucci's declining sales.

Christofle opens pop-up showroom in West Hollywood

April 24, 2024

The French silversmith is hosting an appointment-only boutique inside a high-end residential community through May 31, 2024.

YSL Beauty adds Bahamas, Colombia to rewilding project scope

April 24, 2024

The French brand's charitable effort enters Latin America and the Caribbean, where luxury markets are blossoming.

Luxury Unfiltered: Redefining luxury trainings and masterclasses for a world of disruption

April 24, 2024

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.

The RealReal ends Earth Month with in-store donation program

April 23, 2024

Proceeds from the luxury resale platform's new initiative running through April 30 will benefit environmental protection nonprofit Conservation International.

Annual operating profits down 18pc at Valentino

April 23, 2024

The Italian fashion house is joining a list of fellow luxury names continuing to navigate a global sales slowdown.

Bon Appétit out with first ‘Drinks’ issue in over 50 years

April 23, 2024

The special issue hits newsstands on April 23.

Tapestry, Capri Holdings respond to FTC lawsuit opposing merger

April 23, 2024

The U.S. fashion groups are in talks over an attempt from the U.S. Federal Trade Commission to stop the deal.

Annual report from Vestiaire Collective makes business case for circularity

April 23, 2024

On average, secondhand items sourced from the luxury resale platform are worn 76 percent more times than fast fashion pieces purchased elsewhere.

Ginori 1735 applies pastel twists to tableware staples

April 23, 2024

The Kering-owned Italian porcelain brand is leaning into the midcentury design craze taking hold of luxury consumers with the release of the Diva collection.