Kering

Global Luxury Fashion Market Outlook 2023-2028 with LVMH, Kering, Burberry, Armani Group, and Prada Group Dominating - ResearchAndMarkets.com

Retrieved on: 
Friday, December 8, 2023

APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.

Key Points: 
  • APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.
  • Moreover, the continuous rising disposable income of the middle-class population supports the region's luxury fashion market.
  • Further, luxury fashion retailers are also taking initiatives to make sustainability more visible in the luxury fashion market.
  • The global luxury fashion market by generation can be segmented as Gen X, millennials & Gen Z, and baby boomers & silent gen.

FONTAINEBLEAU LAS VEGAS UNVEILS DAY ONE LUXURY RETAIL PARTNERS FEATURING GLOBALLY ACCLAIMED BRANDS AND FONTAINEBLEAU ORIGINAL CONCEPTS

Retrieved on: 
Monday, December 11, 2023

LAS VEGAS, Dec. 11, 2023 /PRNewswire/ -- Fontainebleau Las Vegas, the luxury resort and casino brought to life by Fontainebleau Development, is unveiling the day-one partners of its visionary luxury retail experience – eight distinct concepts seamlessly integrated within 90,000 square feet across two levels, with additional concepts to debut throughout 2024. Inspired by the Fontainebleau legacy of personalized, one-of-a-kind experiences and offerings, the collection features multiple globally acclaimed designers, and notable brands such as Chrome Hearts, Missoni and Giuseppe Zanotti, alongside numerous Fontainebleau Development original concepts.

Key Points: 
  • This way, every interaction between guests and our retail partners becomes part of their Fontainebleau Las Vegas memories.
  • Timeless icons, influential fashion brands, and original concepts form the foundation of the Fontainebleau Las Vegas retail experience.
  • Each Chrome Hearts product is handmade at the brand's factory in Hollywood and designed specifically for the Fontainebleau Las Vegas guest.
  • Now, the Italian luxury footwear and fashion designer opens his exclusive Las Vegas flagship store on the Bleau Galerie level of Fontainebleau Las Vegas.

As Sarah Burton leaves Alexander McQueen, an expert explores her legacy through five iconic designs

Retrieved on: 
Saturday, September 16, 2023

Sarah Burton, the creative director for Alexander McQueen, has announced that she is leaving the fashion house after two decades.

Key Points: 
  • Sarah Burton, the creative director for Alexander McQueen, has announced that she is leaving the fashion house after two decades.
  • Burton, born in Macclesfield, initially joined McQueen in 1996 as a placement student, while studying at Central Saint Martins in London.
  • During her 26 years at McQueen Burton has made a significant contribution to both the fashion industry and to the legacy of the fashion house.

1. Kate Middleton’s wedding dress, 2011

    • The choice of designer remained a secret until the day of the wedding.
    • Following the royal wedding, sales at Alexander McQueen reportedly increased by 29%.
    • Burton herself has stated that while legacy can sometimes be seen as curse it is also a “wonderful opportunity for invention”.

2. Gisele Bündchen at the Met Gala, 2011

    • Burton dressed Gisele Bündchen – a top supermodel of the 1990s and 2000s who often walked McQueen’s runway shows – for the Met Gala.
    • In 2015, Forbes named Burton’s dress for Bündchen as one of the most unforgettable Met Gala dresses of all time.

3. Nicole Kidman at the Met Gala, 2016

    • The theme for the 2016 gala was Manus X Machina: Fashion in an Age of Technology.
    • Burton’s design for Nicole Kidman was an art deco-inspired celestial gown that had been adapted from the 2016 runway collection.

4. Lady Gaga, A Star is Born premiere, 2018

    • Lady Gaga is well known for her eccentric approach to fashion and she was a great fan, and personal friend, of Lee Alexander McQueen.
    • In 2018, Gaga wowed the crowds at the London Premiere to her Star is Born movie.

5. Lady Gaga, the Oscars, 2019

    • Burton’s design had an exaggerated silhouette with padded hips and a long train, reflecting the designer’s skill for combining tailoring with drama.
    • Gaga accessorised the McQueen gown with a 142-year-old Tiffany diamond, that had only been worn three times and was worth USD$30 million (£24 million).
    • Burton’s departure from McQueen comes as the label’s parent company, the French luxury goods group Kering SA, is restructuring.

Electric Car Makers, Luxury Goods, Electronics Manufacturers Continue to be Among Top Shorted Securities in August – Hazeltree’s Shortside Crowdedness Report

Retrieved on: 
Tuesday, September 12, 2023

The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA and APAC regions in the large-, mid-, and small-cap ranges.

Key Points: 
  • The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA and APAC regions in the large-, mid-, and small-cap ranges.
  • Highlights from the August 2023 report include:
    In the large-cap group, Tesla was the most crowded security (99).
  • This was Tesla’s third consecutive month as the top shorted security in the large-cap category in the region.
  • Also notable in this section is Plug Power with the highest institutional supply utilization (93.00%) and community borrow fee (0.99%).

Affordable Luxury Market in Europe to grow by USD 3.55 billion from 2022 to 2027 | The rise in disposable income of people in the region to boost market growth - Technavio

Retrieved on: 
Wednesday, August 23, 2023

Affordable Luxury Market in Europe 2023-2027: Market Dynamics

Key Points: 
  • Affordable Luxury Market in Europe 2023-2027: Market Dynamics
    The rise in disposable income of people in the region is a key factor driving market growth.
  • The increasing focus on influencer marketing and social media engagement is a major trend in the market.
  • Affordable Luxury Market in Europe 2023-2027: Company Analysis
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
  • Affordable Luxury Market in Europe 2023-2027: Key Highlights
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Nature Coatings Secures $2.45 Million in Funding Led by Regeneration.VC and The 22 Fund

Retrieved on: 
Thursday, August 10, 2023

LOS ANGELES, Aug. 10, 2023 /PRNewswire/ -- Nature Coatings, a leading biochemicals company transforming waste materials into bio-based, safe, and renewable solutions, is proud to announce the successful completion of an oversubscribed $2.45 million Seed funding round. The investment round was led by Regeneration.VC and The 22 Fund, with participation from actor and environmentalist Leonardo DiCaprio, Safer Made, and Portfolia.

Key Points: 
  • Nature Coatings secures $2.45 million in funding, led by Regeneration.VC and The 22 Fund, with participation from Leonardo DiCaprio, Safer Made, and Portfolia.
  • The funding enables Nature Coatings to expand manufacturing capabilities, strengthen the senior team, and establish a global distribution network for BioBlack TX.
  • The investment round was led by Regeneration.VC and The 22 Fund , with participation from actor and environmentalist Leonardo DiCaprio, Safer Made, and Portfolia.
  • Regeneration.VC and The 22 Fund, leading investment firms in the field, spearheaded the financing of Nature Coatings.

THE KERING FOUNDATION WILL HOST ITS SECOND ANNUAL CARING FOR WOMEN DINNER IN NEW YORK

Retrieved on: 
Tuesday, July 18, 2023

NEW YORK, July 18, 2023 /PRNewswire/ -- To celebrate its 15th anniversary, the Kering Foundation will raise funds through its second annual Caring For Women Dinner to benefit NGOs that address gender-based violence. Co-chaired by Salma Hayek Pinault, François-Henri Pinault, Zoë Kravitz, Cindy Sherman, Christy Turlington Burns, Olivia Wilde, Oprah Winfrey and Malala Yousafzai, the sold-out event will take place on Tuesday, September 12th at The Pool in Manhattan. The inaugural Caring For Women Dinner raised over 3 million dollars.

Key Points: 
  • The inaugural Caring For Women Dinner raised over 3 million dollars.
  • This year, net proceeds will benefit the Malala Fund, National Network to End Domestic Violence (NNEDV), and New York City Alliance Against Sexual Assault.
  • Since 2008, the Kering Foundation has worked toward a world free from gender-based violence by partnering with local, feminist NGOs in six countries.
  • NNEDV tracks and reports survivors' payments to the three credit bureaus to help build a good credit history.

Emerging environmentally-conscious menswear brand Cavia showcased Spiber's Brewed Protein™ materials at the "S|Style sustainable style" exhibition at Pitti Immagine Uomo

Retrieved on: 
Thursday, June 22, 2023

This renowned exhibition brought together ten handpicked emerging brands which exemplify a harmonious blend of social consciousness and environmental responsibility while maintaining creativity and design.

Key Points: 
  • This renowned exhibition brought together ten handpicked emerging brands which exemplify a harmonious blend of social consciousness and environmental responsibility while maintaining creativity and design.
  • The brand unveiled an exclusive knit top and pants set collection crafted from Brewed Protein fibers for the first time.
  • The collection will also be exhibited at Pitti Immagine Filati at Spiber's booth Q/11 in the CustomEasy area from June 28–30.
  • In 2013, Kering created the Material Innovation Lab (MIL), which is dedicated to the sourcing of sustainable materials and fabrics.

Emerging environmentally-conscious menswear brand Cavia showcased Spiber's Brewed Protein™ materials at the "S|Style sustainable style" exhibition at Pitti Immagine Uomo

Retrieved on: 
Thursday, June 22, 2023

This renowned exhibition brought together ten handpicked emerging brands which exemplify a harmonious blend of social consciousness and environmental responsibility while maintaining creativity and design.

Key Points: 
  • This renowned exhibition brought together ten handpicked emerging brands which exemplify a harmonious blend of social consciousness and environmental responsibility while maintaining creativity and design.
  • The brand unveiled an exclusive knit top and pants set collection crafted from Brewed Protein fibers for the first time.
  • The collection will also be exhibited at Pitti Immagine Filati at Spiber's booth Q/11 in the CustomEasy area from June 28–30.
  • In 2013, Kering created the Material Innovation Lab (MIL), which is dedicated to the sourcing of sustainable materials and fabrics.

AB Tasty and Google Deepen Alliance

Retrieved on: 
Tuesday, May 9, 2023

NEW YORK, May 9, 2023 /PRNewswire/ -- AB Tasty announced today it has been made an official Google Cloud partner with availability on Google Cloud Marketplace. The partnership will enable customers to access existing vendor relationships with Google Cloud, streamlining the deployment of AB Tasty on the platform.

Key Points: 
  • NEW YORK, May 9, 2023 /PRNewswire/ -- AB Tasty announced today it has been made an official Google Cloud partner with availability on Google Cloud Marketplace.
  • The partnership will enable customers to access existing vendor relationships with Google Cloud, streamlining the deployment of AB Tasty on the platform.
  • Companies currently using Google Cloud Marketplace will be able to quickly deploy AB Tasty, allowing them to focus on their core business goals.
  • "We're thrilled to partner with Google Cloud and be available on Google Cloud Marketplace," said Remi Aubert, CEO of AB Tasty.