;
Image: Stella McCartney
Share

1. ‘Unstoppable’ Luxury Stocks Remind Some Investors of U.S. Tech: Companies such as LVMH, which just acquired the U.S. jeweler Tiffany & Co., are considered high-quality, cash-generating assets that will continue benefiting from long-term structural trends such as the emergence of the Chinese middle class and from diversified, best-in-class brand portfolios that help reduce risks. – Read More on Bloomberg

2. Stella McCartney, Burberry, and Kering Forge a New Kind of Sustainable Partnership: Informally called “The Italy Project,” it’s focused on improving the environmental footprint of Italy’s luxury fashion supply chain. The top-line goal is to “establish a platform for manufacturers to coordinate, fund, and scale environmental programs with measurable impact” following AII’s scientific guidelines. – Read More on Vogue

3. Saks Fifth chief says luxury retail has been ‘comfort food’ for some shoppers during the pandemic: Luxury retailers including the high-end department store chain Neiman Marcus and jeweler Tiffany have reported a similar trend over the past year: Wealthy shoppers looking to splurge even more on themselves during hard times. – Read More on CNBC

4. Sephora’s Deborah Yeh: Unconscious Bias in Retail and Marketing. “Retail is a system. And so in terms of approaching our work, we’ve been thinking a lot about, ‘All right, what can we do to make the system more equitable and inclusive for all?’ It is not just about a marketing campaign … I think a much deeper digging into the decisions that we’re making as leaders at all levels of the company.” – Hear More on HBR

5. Understanding the Power of Luxury’s Iconic Products: “The game to please both newcomers and loyal consumers is thus to re-interpret icons on a very regular basis (see the endless versions of the Chanel jacket season after season), so newcomers are thrilled but repeat purchasers remain entertained.” – Read More on Jing