The pandemic is far from over, but consumers were in a very different mindset in the second quarter compared to the same period in 2020. According to The Lyst Index, a quarterly ranking of fashion’s hottest brands and products, searches for dresses increased 371%, sunglasses 198% and beachwear 192%, as the TSA reported the … Read more
Estée Lauder Signs Acclaimed Model Adut Akech as New Global Brand Ambassador Estée Lauder has signed one of the fashion industry’s brightest stars, Adut Akech, as its newest Global Brand Ambassador. Adut will feature in makeup and skincare campaigns across digital, in-store, TV and print, with her first campaigns debuting July 2021. Adut joins … Read more
January 21st marks an exciting milestone for Mytheresa luxury online platform. MYT Netherlands Parent B.V., the parent company of the Mytheresa Group GmbH, celebrated its debut on the New York Stock Exchange (“NYSE”) as a publicly traded company with the stock beginning to trade under the ticker symbol “MYTE” Mytheresa is … Read more
2020 luxury industry drop is the largest recorded since global consultancy have been tracking the industry. Covid-19 Crisis Pushes Luxury To Sharpest Fall Ever But Catalyses Industry’s Ability To Transform. Bain & Company Luxury Study. It has been a year of profound global change in the way we live, the way we shop … Read more
“The growth potential of luxury e-commerce has never been so promising, and the importance of China for the luxury industry is only becoming more obvious every day.” – François-Henri Pinault, Chairman, Artemis (the controlling shareholder of global Luxury group Kering (Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, … Read more
Kering luxury group and all its brands stand in solidarity against racism. “Too many Black lives have been lost in the fight for equality in America. We will not stand by silently.” – Kering Since January, Kering and its luxury Houses have carried out a growing number of initiatives to help in … Read more