Kering acquires family-owned Danish luxury eyewear company. Kering Eyewear acquires the Danish luxury eyewear brand Lindberg, a family-owned Danish eyewear company, renowned and awarded for its exceptional titanium optical frames, design, innovative and patented technology and impeccable craftsmanship. According to Kering luxury group, the high-end brand has a unique positioning and solid growth … Read more
Gucci retains the top position as Italy’s most valuable brand for the third year. Despite a turbulent year, and the threat of a lasting economic recession, the Kantar BrandZ Most Valuable Italian Brands ranking has risen by 11%, to reach a total brand value of $114.6 billion. Gucci retains the top position as … Read more
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