Luxury Daily
Food and beverage
‘Shifting consumer mindsets are set to enable longer-term premiumization’: report

Several trends are set to impact the industry in 2025, including a growing appetite for curated cocktail experiences.

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Automotive
Lexus logs 25 years of ‘December to Remember’

This Christmas, the automaker is commemorating the hallmarks that have defined its holiday messaging since the turn of the century.

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Retail
Dior welcomes first beauty boutique in North America

The French fashion house is bringing the fragrance and makeup retail concept stateside, with its inaugural location now operational in New York’s Soho neighborhood.

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Commerce
Trinity Investments acquires The Standard, London

The private real estate firm is purchasing the five-star hotel from multinational hospitality company Hyatt Hotels & Resorts for an undisclosed sum.

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Home furnishings
Christofle spotlights two centuries of innovation at Paris’ Musée des Arts Décoratifs

The French silversmith is showcasing brand history with its very first comprehensive retrospective exhibition.

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Sustainability
Kering launches Generation Award X Jewelry to support sustainable design

The French luxury conglomerate is challenging emerging talents to reimagine waste through its latest initiative.

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Research
Luxury brands losing ground with younger audiences: Bain

Spending on high-end goods is expected to reach $1.5 trillion by the end of 2024, remaining stagnant as consumers recede from the market.

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Apparel and accessories
Gucci channels spirit of giving

Academy Award-winning actress Jessica Chastain, supermodel Kendall Jenner and tennis player Jannik Sinner are among the stars of the episodic holiday initiative.

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Commerce
Alexandre Arnault named CEO of wines, spirits division at LVMH

Effective February 2025, Mr. Arnault will serve in this position alongside Jean-Jacques Guiony, the French luxury conglomerate’s CFO.

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Real estate
Authentic announces Barneys New York Residences in Tulum

Located in the Luum Zama community, the American brand management company’s project will blend modern design elements with the Barneys New York experience.

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Automotive
Genesis House presents winter light installation

The multisensory experience is inspired by the night sky and Dongji, the Korean Winter Solstice.

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Retail
Louis Vuitton goes big with temporary NYC store

While the French fashion house’s Fifth Avenue flagship undergoes a multiyear renovation, the interim store can be found at 6 East 57th Street.

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Retail
Vestiaire Collective partners with influencers to combat fast fashion

The French luxury resale platform is flipping the script on excess consumption.

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Q&A
Off the Cuff: A Q&A with Natura Bissé’s Patricia Fisas

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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Commerce
Burberry overhauls strategy amid rocky interim results

The British fashion house staging a comeback after sharing “disappointing” sales results.

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Retail
Neiman Marcus honors Leonard A. Lauder in New York City

Guests celebrated Mr. Lauder’s innovative career and contributions to luxury.

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Watches and jewelry
IWC Schaffhausen wins top prize at Grand Prix D’Horlogerie de Genève 2024

The Swiss watchmaker was crowned with the competition’s best-in-show award for its Portugieser Eternal Calendar, an expert mechanical complication.

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Commerce
Capri Holdings, Tapestry abandon plan to merge

It appears unlikely that U.S. regulatory approvals will be obtained before the deal expires in February 2025.

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QUOTE OF THE DAY
Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
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: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
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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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Mergers and growth and consolidation, oh my!: Courts disallow Tapestry-Capri deal
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The FTC appears to be pro-consumer, but it is uncertain whether blocking this merger will ultimately help this goal.

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Luxury Unfiltered: Surface changes are not enough. Luxury must master the art of rebranding
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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