Hermès feeds appetite for transparency with look inside Petit h workshop
French fashion house Hermès is giving consumers a peek behind-the-scenes at the inner workings of its Petit h line with a new series of videos.
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Barneys prompts social activism for International Women’s Day
Department store chain Barneys New York is spreading the message that gender equality is a concern for everyone through a social initiative.
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Save the date May 4: Luxury Roundtable: Midyear Review 2016
Please mark your calendar: Luxury Daily will host its Luxury Roundtable: Midyear Review 2016 conference in New York on Wednesday, May 4. Confirmed speakers include senior executives from Rolls-Royce Motor Cars, XOJet, Redfin and the Luxury Institute, among others.
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McQueen courts nature for re-launch of fragrance house
British fashion label Alexander McQueen is traveling the world for flowers that #BloomAtNight with the launch of its first fragrance with Procter & Gamble Prestige Beauty.
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Jaeger-LeCoultre flaunts cinematic ties via Chaplin’s World partnership
Swiss watchmaker Jaeger-LeCoultre is paying homage to film star Charlie Chaplin by supporting a soon-to-open museum dedicated to the actor’s final decades.
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BMW presents sustainable, connected Vision for next 100 years
German automaker BMW is marking its centennial not only by looking back, but also by looking forward.
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Starwood Hotels brings MLB partnership into gamified loyalty contest
Starwood Hotels & Resorts is furthering its loyalty program perks via a partnership with Major League Baseball, giving Starwood Preferred Guest members the ability to play a responsively designed game for a chance to win World Series tickets.
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Yoox Net-A-Porter, British Vogue, Lancôme and Lexus – Live news
Luxury Daily’s live news from March 7 – Yoox Net-A-Porter, IBM establish strategic partnership to advance fashion ecommerce; British Vogue Festival to commemorate magazine’s centennial; Lancôme welcomes back Isabella Rossellini as spokesmodel for accomplished beauty; Lexus engages Quantico fans with scripted virtual reality experience.
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Fendi, Burberry, China and Valentino – News briefs
Today in luxury marketing – Palazzo Fendi to be officially unveiled on March 10; Burberry faces a reality check as weak demand invites trench war; 5 ways China’s daigou market does more harm than good for luxury brands; Valentino eyes IPO in 2017 after revenue exceeds $1B.
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Capital trends for the ultra-wealthy
Increasingly, the ultra-wealthy – those with a net worth of $30 million or more – are taking a closer look at how they handle their financial affairs due to the low returns and high fluctuations experienced in 2000-2002, 2008-2009, 2011 and now early 2016.
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Counting on social capital: New way to evaluate entrepreneurial worth
In a three-year examination of the challenges faced by skilled entrepreneurs with highly developed social capital operating in geographies with underdeveloped “financial capital” markets, the dislocation between the two proved to be profound and stifling.
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