Luxury Daily

News briefs

Day’s wrap: Elon Musk, Twitter, Burberry, Cartier, Lexus and Mandarin Oriental

Luxury Daily’s live news: Elon Musk reinstates full price bid for Twitter; Burberry, major fashion players back new diversity nonprofit; Cartier crowns Deepika Padukone as its latest regal ambassador; Lexus goes Wakandan in new Marvel collaboration film; Mandarin Oriental debuts first Indian ambassador in digital series.

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Cartier crowns Deepika Padukone as its latest regal ambassador

French jewelry maison Cartier has a new ambassador, Bollywood celebrity Deepika Padukone, as the historic brand hints that it is expanding its focus to India.

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News briefs
Tiffany & Co., Rolls-Royce, LVMH and Jimmy Choo

Luxury Daily’s live news: Tiffany & Co., Beyoncé prove art imitates life with latest campaign drop; Rolls-Royce releases custom Phantoms for charitable collaboration; LVMH combats inflation with employee stimulus; Jimmy Choo launches resale with The RealReal for National Consignment Day.

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Marketing
Will Gen Z break up with your luxury brand?

The driving force is the deep disruption happening in luxury.

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News briefs
Day’s wrap: Tiffany & Co., Rolls-Royce, LVMH and Jimmy Choo

Luxury Daily’s live news: Tiffany & Co., Beyoncé prove art imitates life with latest campaign drop; Rolls-Royce releases custom Phantoms for charitable collaboration; LVMH combats inflation with employee stimulus; Jimmy Choo launches resale with The RealReal for National Consignment Day.

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Apparel and accessories
LVMH combats inflation with employee stimulus

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton is credited with distributing financial aid to its workforce amid a global cost-of-living crisis.

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Automotive
Rolls-Royce releases custom Phantoms for charitable collaboration

British automaker Rolls-Royce is immersing select luxury models in the elements.

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Jewelry
Tiffany & Co., Beyoncé prove art imitates life with latest campaign drop

U.S. jeweler Tiffany & Co. is not quite done celebrating self-expression and unapologetic individuality with its leading lady.

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Sustainability
Jimmy Choo launches resale with The RealReal for National Consignment Day

British footwear label Jimmy Choo is supporting the circular economy with help from luxury resale platform TheRealReal.

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Apparel and accesories
Ryan Gosling vouches for vagabond luxury in #GucciValigeria

Italian fashion label Gucci’s Savoy collection serves as a portal into the unknown and a nod to the brand’s heritage in a new star-studded spot.

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Apparel and accessories
Daniel Lee’s first day: What is next for Burberry?

After an executive reshuffling, British fashion house Burberry is in need of a fiscal makeover to transition towards greatness.

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Sustainability
Is green washing en vogue for luxury fashion giants?

Italian fashion company Prada and Italian fashion house Giorgio Armani were among the luxury brands that won big at the recent CNMI Sustainable Fashion Awards, while others missed the mark entirely.

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Automotive
Porsche continues its spotlight on dreamers in poignant series

German automaker Porsche is depicting the importance of one’s dreams in a continuation of an emotional series.

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Strategy
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News briefs
The Macallan, Karl Lagerfeld, Chopard and eBay

Luxury Daily’s live news: The Macallan releases tribute whiskey to beloved spy character James Bond; Karl Lagerfeld’s enduring legacy to be honored at 2023 Met Gala; Chopard gets zoological with latest watch collection; EBay, Heron Preston debut inaugural streetwear drop.

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Marketing
From junkies to elites: The six types of men who love luxury in China

During COVID, a dynamic male consumer has emerged due to the accelerated conversion to online luxury purchases as well as a swelling middle class across Tier 2–4 cities.

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News briefs
Day’s wrap: The Macallan, Karl Lagerfeld, Chopard and eBay

Luxury Daily’s live news: The Macallan releases tribute whiskey to beloved spy character James Bond; Karl Lagerfeld’s enduring legacy to be honored at 2023 Met Gala; Chopard gets zoological with latest watch collection; EBay, Heron Preston debut inaugural streetwear drop.

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Apparel and accessories
EBay, Heron Preston debut inaugural streetwear drop

Online retail platform eBay is working with streetwear legend Heron Preston on a new series of exclusive drops with exclusive items from artists, athletes and entertainers.

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Jewelry
Chopard gets zoological with latest watch collection

Swiss jeweler Chopard is infusing its glamorous jewelry with animal activism with its latest offering.

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Apparel and accessories
Karl Lagerfeld’s enduring legacy to be honored at 2023 Met Gala

Fashion designer Karl Lagerfeld will be honored as the subject of The Metropolitan Museum of Art’s Spring 2023 Costume Institute Exhibition and the May 2023 Met Gala.

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QUOTE OF THE DAY
Digital transitions that will help luxury brands stay relevant
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Innovation is the parameter for exclusivity, and what better ally than the shape-shifting panorama of digitalization?

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What tech CEOs get wrong about positioning
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Positioning is critical to the success of every tech business, but executives often overlook its importance.

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Q2 luxury real estate: Time on market to increase for luxury listings
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Agents and brokers will have to be more creative in marketing and pricing, leveling with sellers that luxury housing demand is returning to pre-pandemic levels.

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How social media marketing could hurt your business
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So many business leaders think that if they post something about their product on Facebook, Instagram and Twitter, every single day, eventually they will gain traction.

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