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Korean actor Mina Shin for Gucci. Image courtesy of Gucci

Luxury Daily’s live news for Nov. 11:

Burberry revenues return to pre-pandemic levels

British fashion house Burberry is reporting that its revenue has reached pre-pandemic levels in the first half of its financial year.

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Gucci names Mina Shin, Jungjae Lee new global ambassadors

Italian fashion label Gucci is announcing two new global brand ambassadors, Korean actors Mina Shin and Jungjae Lee.

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Balmain partners with Netflix on Western-inspired collection

French fashion label Balmain is collaborating with global video streaming platform Netflix on a collection modeled after a new film.

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Bentley renews carbon neutrality certification at Crewe

British automaker Bentley Motors is renewing its carbon neutrality certification for operations, further emphasizing its appeal as a sustainable marque.

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1stDibs launches new auction service, curated collection

Online marketplace 1stDibs is launching an auction vertical to engage consumers with different buying preferences.

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Future of luxury investment: it is a seller’s market

The luxury sector has seen a recent uptick in merger and acquisition activity as well as innovative investments, and experts believe consolidation will continue and conglomerates will grow stronger.

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