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Mate Rimac is the new CEO of Bugatti Rimac. Image credit: Bugatti

Luxury Daily’s live news for Nov. 2:

Porsche, Rimac collaboration gets in gear

Volkswagen Group’s Bugatti and Porsche marques have begun doing business with Croatian hypercar maker Rimac as part of a new joint company.

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Estée Lauder Cos. sales jump double-digits in Q1 2022

Beauty group Estée Lauder Companies is seeing its bricks-and-mortar business recover, as all regions and product categories recorded a jump in net sales during the first quarter of fiscal year 2022.

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Fendi celebrates ‘hand in hand’ artisanship with new exhibit

Italian fashion house Fendi has unveiled a new, state-of-the-art exhibition honoring “hand in hand” craftsmanship.

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Neiman Marcus focuses on sustainable goods, services with enhanced partnerships

U.S. retailer Neiman Marcus Group is expanding several partnerships as it increases its focus on sustainable goods and services.

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Saks kicks off holiday shopping with interactive digital events

Luxury ecommerce platform Saks is celebrating the holiday season with virtual experiences to engage consumers.

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Future of influencer promotions lies with gamers: YouGov

Brands have increasingly shifted their focus and marketing spending on digital influencers to promote products and messages through channels including YouTube, Instagram and Twitch.

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