Luxury Daily

U.S. beauty group The Estée Lauder Companies Inc.’s 2024 fiscal year, which ended June 30, 2024, closed with a whimper. Over the year-long period, the company generated $15.61 billion in net sales, a 2 percent year-over-year drop on a reported basis. Alongside the decreased cash flow, the corporation will also be losing its longtime leader soon, as president and CEO Fabrizio Freda will retire at the end of the 2025 fiscal calendar. Read the full article: https://bit.ly/4fO1ZCJ #LuxuryDaily #LuxuryNews #LuxuryBeauty #EstéeLauderCompanies #EstéeLauder #LuxuryReport

Italian fashion label PUCCI and French beauty brand Guerlain are coming together for a limited-edition fall release. Pucci artistic director #CamilleMiceli and Guerlain creative makeup director #VioletteSerrat are merging cosmetics and house codes, launching the Guerlain x Pucci Fall Makeup Collection. Due out on Aug. 26, the capsule includes new takes on Guerlain's Rouge G lipsticks, Météorites powders, Ombres G eyeshadows and Terracotta bronzers, among other items; a waitlist to purchase the items is now available online. Read the full article: https://lnkd.in/gy8KF8rs #LuxuryDaily #LuxuryNews #GuerlainxPucci #Pucci #Guerlain #LuxuryFashion #LuxuryBeauty

U.S. retailer Neiman Marcus Group is out with the latest entry of a series that began in 1994. For its fall campaign, the company is ringing in the 30th anniversary of “The Art of Fashion,” an annual portfolio that brings together the talents of leading designers and photographers. Released exclusively on the retailer’s digital channels on Thursday, Aug. 15, the next chapter reveals this season’s looks using the star power of some of the biggest names in Hollywood, social media, journalism and the runway. Read the full article: https://lnkd.in/grBeTGEE #LuxuryDaily #LuxuryNews #NeimanMarcus #LuxuryRetail #LuxuryFashion

Swiss multibrand watch retailer TimeVallée is moving into new territories. On Sept. 5th, 2024, the Richemont-owned business will open its first Canadian flagship, located inside the soon-to-launch luxury mall Royalmount Center in midtown Montreal, Québec. The debut follows the arrival of the maison’s inaugural boutique in the United States, which landed at the American Dream shopping complex in East Rutherford, New Jersey, earlier this summer. Read the full article: https://bit.ly/3M6Uklt #LuxuryDaily #LuxuryNews #TimeVallée #Richemont #LuxuryTimepieces #LuxuryWatch

American Express is bringing new perks to travelers in the Western United States. Come 2025, the company is landing a Centurion Lounge at Utah’s Salt Lake City International Airport in Concourse B. With exclusive amenities for eligible cardholders, the 16,000-square-foot space will offer relaxation, dining, beverages, a wellness room and an outdoor terrace that boasts views of the Wasatch Mountains. Read the full article: https://bit.ly/4fNWW5a #LuxuryDaily #LuxuryNews #AmericanExpress #LuxuryTravel #SaltLakeCity #CenturionLounge

German automaker BMW Group is launching an activation at an international trade fair with the help of American toy manufacturer Mattel, Inc. Exhibiting the experience on the all-new BMW X3, Gamescon 2024 attendees taking to Cologne, Germany from Aug. 21 to Aug. 25 will get the chance to witness the world premiere of "Uno Car Party!" The digitized version of the globe's biggest card game reaches more than 500,000 BMW Group models starting Aug. 21. Read the full article: https://lnkd.in/gDzQrDeS #LuxuryDaily #LuxuryNews #BMWGroup #BMW #Mattel #UnoCarParty #Uno #Gamescome

U.S. footwear brand Stuart Weitzman is introducing new representatives. American gymnast #AlyRaisman, American model #ChristyTurlington, American actress and writer Issa Rae, American actress #LucyLiu and Chinese model #MingXi are the label’s new global brand ambassadors. Chosen in a celebration of modern womanhood, the talents will star in a campaign film titled “How Lovely to Be a Woman,” set to debut on Sept. 4, 2024. Read the full article: https://lnkd.in/gYGF2m9Q #LuxuryDaily #LuxuryNews #StuartWeitzman #StandStrong #LuxuryFootwear

French crystal maker Baccarat is shining a light on a new project. The brand has collaborated with Steve Leung Design Group, unveiling Printemps Bleu Zenith Chandelier, a limited-edition centerpiece launching worldwide next year. Baccarat is sharing more about the effort, which helps mark 260 years in business and 60 years of diplomatic relations between France and China, with its audiences. Read the full article: https://lnkd.in/g-pQumqW #LuxuryDaily #LuxuryNews #Baccarat #SteveLeungDesignGroup

Italian fashion label Gucci is preparing for seasonal wear to hit stores. The house is out with a campaign featuring the fall/winter 2024 women's collection, captured by British fashion photographer David Sims. At its center are new handbag designs – the Gucci B shoulder bag and GG Milano top handle included – which debuted on the runway in Milan this past February. Read the full article: https://bit.ly/4fGWZzD #LuxuryDaily #LuxuryNews #Gucci #Milan #LuxuryFashion

This week on Luxury Unfiltered: "How AI undermines the essence of luxury" by Daniel André Langer, founder and CEO of consulting firm Équité. “Most companies and experts embrace AI to signal how progressive and competitive they are, yet the practical applications often don’t match the promises made,” Mr. Langer writes. Luxury is about creating value; it can often be lost through a lack of human touch. Despite that, Mr. Langer is not against it entirely. “It is a powerful tool that, when used correctly, can enhance the customer experience and streamline operations,” Mr Langer believes. “But it must be used as an assistant to human creativity and judgment, not a replacement.” Read the full op-ed: https://lnkd.in/gK5Bp-9b #LuxuryUnfilitered #LuxuryDaily #LuxuryNews #Equite #AI #ArtificalIntelligence #Luxury