LVMH

Robust Growth Predicted for the Global Luggage Market: Analysis Highlights Casual Bags to Business Bags Dynamics by 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 2, 2023

The "Global Luggage Market: Analysis By Luggage Type (Casual Bags, Travel Bags and Business Bags), By Region, Size and Trends and Forecast up to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Luggage Market: Analysis By Luggage Type (Casual Bags, Travel Bags and Business Bags), By Region, Size and Trends and Forecast up to 2026" report has been added to ResearchAndMarkets.com's offering.
  • Luggage has evolved beyond simple storage solutions, encompassing a variety of products from plastic to leather bags, backpacks, and innovative suitcases.
  • The market sees dominant growth from three sectors: casual bags, business bags, and travel bags.
  • Business Bags will likely see the highest CAGR, echoing global business expansions and increased business travel.

DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

Retrieved on: 
Sunday, October 1, 2023

DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.

Key Points: 
  • DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • HONG KONG, China, Oct. 1, 2023 /PRNewswire/ -- DFS Group, the world's leading luxury travel retailer, today announced plans to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • DFS Yalong Bay will become Sanya's premier destination for luxury shopping, world-class accommodation, dining, and entertainment, serving international and domestic tourists with innovative, renowned luxury brands and experiences.
  • We expect DFS Yalong Bay to attract over 16 million visitors per year by 2030 and create sizeable economic opportunities within Yalong Bay."

DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

Retrieved on: 
Sunday, October 1, 2023

DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.

Key Points: 
  • DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • HONG KONG, China, Oct. 1, 2023 /PRNewswire/ -- DFS Group, the world's leading luxury travel retailer, today announced plans to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • DFS Yalong Bay will become Sanya's premier destination for luxury shopping, world-class accommodation, dining, and entertainment, serving international and domestic tourists with innovative, renowned luxury brands and experiences.
  • We expect DFS Yalong Bay to attract over 16 million visitors per year by 2030 and create sizeable economic opportunities within Yalong Bay."

Project Healthy Minds Announces Programming for Second-Annual World Mental Health Day Festival at New York’s Hudson Yards

Retrieved on: 
Thursday, September 28, 2023

Project Healthy Minds, a Millennial & Gen Z-driven mental health tech non-profit, announced today the programming for its second-annual World Mental Health Day Festival, taking place Tuesday, October 10 at Hudson Yards in New York City.

Key Points: 
  • Project Healthy Minds, a Millennial & Gen Z-driven mental health tech non-profit, announced today the programming for its second-annual World Mental Health Day Festival, taking place Tuesday, October 10 at Hudson Yards in New York City.
  • This is the world’s largest festival for World Mental Health Day.
  • The festival’s expansive programming slate includes SoulCycle charity rides, Equinox sound bath meditation experiences, and a “community jog” with Emmy Award-winning content creator Timm Chiusano.
  • “This year’s Project Healthy Minds World Mental Health Day Festival is about convening iconic leaders across public policy, media, culture, sports, business, and academia and curating conversations and experiences about the future of mental health in this country,” said Phillip Schermer, Founder & CEO of Project Healthy Minds.

Superbird Fuego Proves Spicy Tequila Can Be Insanely Delicious

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Share a sip of Superbird tequila, your friends will thank you. Crafted to perfectly balance the iconic agave spirit, Superbird is for tequila drinkers who love a good story, but aren't stuck in the past. Superbird is the latest launch by Casa Komos Brands Group (CKBG), created by Richard Betts and Joe Marchese, maker of ultra-luxury, highest-rated Tequila Komos.

Key Points: 
  • Superbird Premium Tequila ($29.99-32.99) is now available in three electric expressions, including Blanco, Reposado and the innovative Fuego.
  • Fuego, a full-flavored and unrivaled jalapeño-infused spicy tequila, is made for a neat shot or adding delicious heat to any tequila cocktail.
  • "The Superbird brand presents tequila fans with a unique and exciting option in this growing spirit category," said Matthew Slosek, President of Superbird.
  • Suggested retail price is $29.99 (Superbird Blanco and Superbird Reposado - 40% ABV) and $32.99 (Superbird Fuego - 40% ABV).

Global Luggage Market Skyrockets with 7.48% CAGR Through 2023, Boosted by Booming Travel & Tourism Industry - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

The global luggage market is segmented into three categories based on luggage type: Casual Bags, Travel Bags, and Business Bags.

Key Points: 
  • The global luggage market is segmented into three categories based on luggage type: Casual Bags, Travel Bags, and Business Bags.
  • Travel bags are expected to grow at the highest CAGR, driven by the growth of air travel and the global tourism industry.
  • The global luggage market is analyzed across five regions: North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.
  • As the travel industry expands, the demand for various types of luggage products tailored to consumers' needs also increases, driving growth in the luggage market.

Antoine Tessier Named CEO of duPont REGISTRY Group

Retrieved on: 
Tuesday, September 19, 2023

Prior to joining duPont REGISTRY Group, Tessier spent 12 years with LVMH Group , most recently as the Chief Technology Officer of LVMH Americas.

Key Points: 
  • Prior to joining duPont REGISTRY Group, Tessier spent 12 years with LVMH Group , most recently as the Chief Technology Officer of LVMH Americas.
  • “Antoine Tessier is a visionary leader with a passion for driving innovation and growth,” says Christian Clerc, Chairman of duPont REGISTRY Group.
  • Antoine empowers his teams to innovate with a customer-centric mindset, and that is exactly what we need as we begin this exciting journey for the duPont REGISTRY Group.”
    In his role, Tessier will oversee all worldwide aspects of duPont REGISTRY Group’s strategic direction and global business growth, including its ecosystem of brands: duPont REGISTRY, Sotheby’s Motorsport, Canossa Events and FerrariChat.
  • “It’s an honor to be appointed CEO of duPont REGISTRY Group,” states Tessier.

An Alaskan Season to Remember: Starboard and Onboard Media Raise the Sails of Cultural Offerings and Local Engagement

Retrieved on: 
Thursday, September 7, 2023

MIAMI , Sept. 7, 2023 /PRNewswire/ -- Starboard Cruise Services and Onboard Media, sister companies under LVMH Moët Hennessy Louis Vuitton, celebrate a cruising season marked by exceptional cultural enrichment and community support. Building on Onboard Media's successful 2022 first-at-sea initiative with various Alaskan organizations, Starboard placed a spotlight on bolstering the local economy and culture through curated, Alaskan-made mementos and vital partnerships with resident artisans across multiple cruise line partners.

Key Points: 
  • "This initiative emphasizes the significant value we create for not only our cruise partners and guests but also port communities."
  • Onboard Media spotlighted local businesses and the destination's unique offerings for its cruise partners through a diverse range of multimedia programming touchpoints.
  • Adding an extra layer of authenticity to the cruise vacation, Starboard elevated onboard offerings by procuring artisanal products onboard its various cruise line partners.
  • This cruising season was a testament to the remarkable synergy between Starboard and Onboard Media and how seamlessly our offerings intertwine and enhance one another," said Jeffrey Meister, General Manager of Onboard Media.

Roundhill Investments Launches Global Luxury ETF (NYSE Arca: LUXX)

Retrieved on: 
Wednesday, August 23, 2023

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill S&P® Global Luxury ETF (NYSE Arca: LUXX), which begins trading on the NYSE Arca today. At an expense ratio of 0.45%, LUXX provides investors with access to the luxury goods sector in a cost-efficient and liquid ETF format.

Key Points: 
  • LUXX tracks the S&P® Global Luxury Index, providing access to 80 leading global luxury companies across Europe, Asia, and North America
    NEW YORK, Aug. 23, 2023 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill S&P® Global Luxury ETF (NYSE Arca: LUXX), which begins trading on the NYSE Arca today.
  • At an expense ratio of 0.45%, LUXX provides investors with access to the luxury goods sector in a cost-efficient and liquid ETF format.
  • LUXX tracks the S&P® Global Luxury Index, providing access to 80 leading luxury companies across the globe.
  • "Luxury goods have shown resilience through challenging economic conditions, and we believe the sector has long-term growth potential.," said Dave Mazza, Chief Strategy Officer at Roundhill Investments.

Lulus Appoints Kelly McCarthy to the Board of Directors

Retrieved on: 
Tuesday, August 22, 2023

CHICO, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today announced the expansion of the size of the Board of Directors (the “Board”) from ten (10) directors to eleven (11) directors and the appointment of Kelly McCarthy to serve as a Class I director, effective as of August 18, 2023.

Key Points: 
  • CHICO, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today announced the expansion of the size of the Board of Directors (the “Board”) from ten (10) directors to eleven (11) directors and the appointment of Kelly McCarthy to serve as a Class I director, effective as of August 18, 2023.
  • The Board has determined that Ms. McCarthy qualifies as an independent director under Nasdaq rules.
  • “We are pleased to announce the addition of Kelly McCarthy to our Board of Directors,” said Crystal Landsem, Chief Executive Officer of Lulus.
  • Prior to LVMH, Ms. McCarthy held various leadership roles at Nike overseeing aspects of product creation, distribution, development and marketing.