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luxury - Page 4

  • [#Luxurylab] Italie : un redressement fiscal de plus de 1,4 milliard d’euros pour @Kering

    Kering risque un redressement fiscal d’environ 1,4 milliard d’euros en Italie, selon un premier « audit » rendu par les autorités fiscales de la péninsule. Celles-ci soupçonnent le géant français du luxe d’avoir déclaré en Suisse des activités menées en Italie, via sa filiale Luxury Goods International (LGI), pour bénéficier d’une fiscalité plus favorable via @LeMonde https://lemde.fr/2HA7qZL #luxury #Promiseconsulting

  • #LUXURYLAB Sharing cosmetics in China: Pretty unhygienic?

    Such pods are the latest fad to enter China's large sharing economy, aimed at young urban women on the go; The booths are located in shopping malls, office buildings, and transportation hub. The "shareable make-up" pods have sparked discussions on hygiene issues in sharing make-up with strangers, though some customers view it as a convenient way to freshen up before rushing to important meetings. #Promiseconsulting #makeup #China via @TheStraitsTimes http://bit.ly/2sRxTrz

  • [#LUXURYLAB] [SHOP] | #Stella #McCartney joins #Alibaba’s exclusive #Luxury #Pavilion | @STYLE

    DE YILING PAN | STYLE | http://bit.ly/2BMrocF

    #Stella #McCartney joins #Alibaba’s exclusive #Luxury #Pavilion

    British luxury brand Stella McCartney has launched a flash sale store on Alibaba’s invitation-only Luxury Pavilion portal, which is reserved for the country’s VIP members, to sell items from fashion to footwear and handbags. The move is a first among fashion labels owned by Kering, the parent company of Gucci, Yves Saint Laurent and Bottega Veneta.

    Stella McCartney is using Tmall Space, an “online pop-up store” marketing tool. The flash sale continues until January 15. Stella McCartney’s eco-friendly fashion is fuelled by her innovative and tenacious spirit
    The British fashion powerhouse follows LVMH-owned Spanish fashion brand Loewe as the second big-name luxury player to utilise Luxury Pavilion since its launch in August.

    We’re delighted to work with Stella McCartney and are excited to see how Chinese consumers respond to their presence,” says Sébastien Badault, Alibaba Group’s director of international fashion and luxury and managing director for France. The development signals an easing in tension between the French luxury conglomerate and China’s e-commerce behemoth.

    In August, Kering Group dropped a lawsuit against Alibaba, which it accused of being involved in the sales of fake designer handbags, and signed a joint agreement to fight against fake goods sellers and to protect its brands’ intellectual property rights. The about-turn highlights the importance of the Chinese e-commerce retail market for international luxury brands. According to KPMG, half of domestic luxury consumption in China will be generated online by 2020.

    For Alibaba, which owns the South China Morning Post, receiving the endorsement from Kering is a strong boost to the expansion of its luxury business. Whether Luxury Pavilion will become a key place for luxury brands to sell products in the country remains to be seen. The e-commerce giant, which traditionally targets the mass market, faces an uphill battle to reposition itself as a legitimate luxury goods e-tail platform.

  • [#CONSOLAB] [SUSTAINABLE DEVELOPMENT] | #Guerlain, #luxury #cosmetics flag-bearer for #sustainable #development | @PREMIUM BEAUTYNEWS

    DE FRISTEL MILET | PREMIUM BEAUTY NEWS | http://bit.ly/2hLXpcr

    #Guerlain, #luxury #cosmetics flag-bearer for #sustainable #development

    Spurred on by CEO Laurent Boillot, Guerlain included sustainable development to the company’s strategy as soon as 2007. Although they had remained discreet about their approach since then, the brand has just published a third report celebrating “10 years of sustainable commitment, In the Name of Beauty”, highlighting both their achievements and ambitions for 2020. The decision to finally communicate on this resulted from a nurtured strategic commitment for the future, on all levels. Sandrine Sommer, Sustainable Development Director of the prestigious brand, detailed its content and scope for Premium Beauty News.

    Premium Beauty News - In 2007, luxury and sustainable development hardly worked hand in hand. How was this initiative born? 

    Sandrine Sommer - It was born from a strong-willed man, Laurent Boillot, who had just taken over Maison Guerlain. Sustainable commitment was mainly a personal belief. But beyond that, sustainable development definitely had to be an integral part of the company’s strategy to develop, pass on, and preserve Guerlain’s heritage.

    Premium Beauty News - Protection of bees (they are the Maison’s emblem), biodiversity, climate, eco-design, social responsibility… your commitment is global and you have already made very concrete achievements, like the new Orchidée Impériale pack lightened by 60%. After 10 years, what are your greatest satisfactions?

    Sandrine Sommer - Internal mobilization and involvement, first. From the very beginning, we implemented an efficient collaborative organization with a “sustainable development” steering committee composed of 18 people from every department in the company. For sustainable development to be a project on the level of the whole company, with a real will to change and the right structure to do it, and for our employees to be the best ambassadors, it was essential for me to have all trades involved and get one referent per department. In addition, I am very proud of having brought up to date the Abeille bottles, making them indefinitely refillable, thanks to our perfume fountains. To me, the perfumer Guerlain concept embodies sustainable luxury. And we have great ambitions to gradually deploy the concept.

    Guerlain, luxury, cosmetics, sustainable development

    Premium Beauty News - What are your objectives for 2020?

    Sandrine Sommer - There are many of them, but they can be grouped into four main challenges: biodiversity preservation. We already work with sustainable sourcing players for Guerlain’s iconic raw materials. Also, we have made a lot of efforts for bee protection, in particular on Brittany’s Île d’Ouessant, and we are now developing our projects on the global level. The second challenge for us is ecodesign. It is probably one of the most complex. The idea is to make things as, or even more beautiful, while preserving the planet’s resources. We aim for 100% of our new products to be ecodesigned by 2020. Then, as far as climate is concerned, we have committed to reduce our CO2 emissions by half compared to 2007, for example by choosing maritime transport. Lastly, as regards social responsibility, definitely one of our own priorities, we support a global association dedicated to self-esteem: Look Good Feel Better. They offer women receiving cancer treatment free beauty workshops in hospitals. By 2020, we would like to be able to support them in all countries where Guerlain has settled.

    Premium Beauty News - How did the transition go with your suppliers?

    Sandrine Sommer - We worked together with the LVMH Perfume & Cosmetics branch to develop a responsible purchasing charter and define a number of guidelines that would help us make progress. The charter was co-set up with steering suppliers and is used as a working basis to go forward together, that was most important.

    Premium Beauty News - How did you make the notions of environmental protection and luxury match?

    Sandrine Sommer - They are not incompatible, there are actually matching elements between luxury and sustainable development that are almost natural, even consubstantial, in particular the notions of long periods of time, of the selection of rare and precious raw materials that require protection, or of know-how that needs to be passed on…

    On the contrary, it can be difficult to communicate, because we are aware of the fact that we are not exemplary yet – no one is. It is an issue on which we have been innovating on a daily basis. Many luxury companies have been working for a long time on this, but they do not make it public that much. Guerlain has only just started, but we still want to keep humble and sincere in how we do it. It is a continuous improvement process, a long, step-by-step building process, without compromising on the quality and prestige perceived with luxury houses.

    The “green” vision of sustainable development is behind us now. It is time to highlight beautiful, sustainable innovations to reconcile both. That is what the challenge involves.

    Premium Beauty News - Is your public ready to hear these arguments?

    Sandrine Sommer - The luxury public is getting increasingly sensitive to this. To our customers, it is just obvious, as long as you are a luxury brand, you should do things well. It is up to us to go farther and anticipate their questions and aspirations. For example, we have communicated on our rare, natural materials for long. Today, we are going further, by putting an emphasis on our commitment to protect biodiversity in light of these rare ecosystems.

    We have a prescribing, training role: it is up to us to raise customer awareness.

    Premium Beauty News - How are you going to communicate on this issue?

    Sandrine Sommer - Every year, we organize two events at Guerlain Champs-Élysées to put forward committed men and women. These players work on Sustainable Development on a daily basis. They come to share their experiences with a concerned public, my counterparts from different companies and industries, associations, all our stakeholders… It is a different way to communicate, but we do believe in the pollination of ideas and the strength of committed networks.

  • [LUXURY LAB] [ONLINE] | #JD.com launches #luxury #e-commerce #platform #Toplife | @STYLE

    DE VIVAN CHEN | STYLE | http://bit.ly/2i4D1GO

    #JD.com launches #luxury #e-commerce #platform #Toplife

    Chinese online retailer flexes its muscles in the luxury sector with the launch of its new site, Toplife, rivalling Alibaba’s Luxury Pavilion.

    Chinese e-commerce sites have been warring over who gets the biggest slice of the luxury sector. Following Alibaba’s launch in August of Luxury Pavilion – an e-commerce platform on its TMall shopping site dedicated to high-end, premier luxury brands the likes of Burberry, Hugo Boss and La Mer – JD.com has unveiled today its first-ever luxury online platform called Toplife. Alibaba Group is the owner of the South China Morning Post.

    The site is said to be “an exclusive full-price online shopping platform” that allows brands to sell directly to consumers through a luxury e-commerce ecosystem that incorporates online stores, premium customer service, delivery and marketing, and warehousing and inventory.

    “Our deep understanding of high-end consumers has enabled us to launch a luxury e-commerce ecosystem that provides a truly premium shopping experience, and helps partners tell their brand story to local consumers,” says Richard Liu, chairman and CEO of JD.com, in a statement. “Toplife aims to mirror the offline luxury shopping experience in a premium e-commerce experience.”

    JD.com, luxury, e-commerce, plateform, Toplife

    Toplife, a smart device application, is now available for downloading.

    So far, six luxury brands including La Perla, Rimowa, B&O Play, Trussardi and Emporio Armani have joined the Toplife platform. JD.com suggested in the statement that more brands will be joining the platform, including ones that will be launching their first ever online stores in China.

     

  • [LUXURY] | #Luxury #Brands Are In Danger Of Losing American #Millennials | @Forbes

    FROM PAMELA N. DANZIGER | FORBES | http://bit.ly/2gZkH16