Luxury Daily
Sustainability
Kering sponsors academic research on corporate climate strategies

The French luxury conglomerate is partnering with the National University of Singapore (NUS) Business School on a three-year project.

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Real estate
‘European luxury retail markets exhibiting high levels of resilience’: report

Milan’s Via Montenapoleone and London’s New Bond Street are among the commercial districts returning to pre-pandemic rental highs.

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Apparel and accessories
Prada Linea Rossa backs record-breaking feat

Strategic engagements with the world of extreme sports continue to fuel the Italian fashion brand’s line of technical wear.

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Retail
IWC Schaffhausen opens new flagship on Madison Avenue

The Swiss watchmaker’s monochromatic boutique features an atelier and on-site product testing lab.

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Commerce
Quarterly revenues dip 44pc at Wheels Up

The private aviation firm is exiting the aircraft management and aircraft sale businesses.

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Sports
Lexus expands partnership with World Surf League

The deal renders the automaker title sponsor of multiple key events through the 2025 season.

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Jewelry
Buccellati hosts retrospective exhibition during Venice Biennale

“The Prince of Goldsmiths,” an immersive showcase from the Italian jeweler, remains open through June 18, 2024.

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Home furnishings
Launching new colorways, Kohler casts light on heritage hues

The fixtures maker is collaborating with Los Angeles-based lifestyle brand Flamingo Estate following the revival of three green shades from the archives.

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Columns
How will the ban of noncompete clauses impact the fashion industry?

Effective Aug. 21, 2024, existing agreements will no longer be enforceable.

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Automotive
BEV sales up 28pc at BMW Group

Electric vehicles drove the German automaker’s growth in the first quarter of 2024.

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Sports
LVMH reveals torch relay program for Paris 2024

For fans making stops across the country, the French luxury conglomerate’s maisons are hosting a series of events through June 30, 2024.

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Apparel and accessories
Grand Slam champ dons custom carry-on in Gucci campaign

Documentary-style shots tribute tennis star Jannik Sinner, a three-year global ambassador of the Italian fashion house.

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Commerce
Luxury jewelry company Roberto Coin Inc. sold to Watches of Switzerland for $130M

The British retailer is gaining exclusive brand distribution rights in the Americas.

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Travel and hospitality
Global luxury travel market size to spike 7.9pc by 2030: Mastercard

Tourist arrivals to the Middle East and North Africa are up 22 percent from 2019, according to the company’s latest report.

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Apparel and accessories
OTB Group promotes ‘M.A.D.E.’ docuseries

The 15-episode project zooms in on Italy’s fashion industry and the local value chain.

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Automotive
First quarter revenues down 5pc at Lamborghini

While vehicle deliveries rose, the Italian automaker’s operating profits have decreased year-on-year.

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Travel and hospitality
Equinox Hotel New York hosting two-day sleep retreat this spring

The luxury fitness club’s hospitality arm is carving out a niche in the high-performance health space.

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Fragrance and personal care
UAE’s first Dior Spa debuts at The Lana in Dubai

The French brand is bringing high-end beauty to new heights.

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QUOTE OF THE DAY
Luxury Unfiltered: The call for urgent action from Italian luxury brands
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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How will the ban of noncompete clauses impact the fashion industry?
By

Effective Aug. 21, 2024, existing agreements will no longer be enforceable.

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Luxury Unfiltered: Are luxury brands becoming complacent?
By

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

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Navigating the future of luxury retail with cutting-edge compliance and communication
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Today, nearly 95 percent of customers are turning to online reviews before making a purchase.

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