The investment will allow Vivrelle to grow its membership and add more inventory from brands including Chanel and Hermès.
Louis Vuitton’s Pochette Accessories saw a 46.2 percent increase in price, while Chanel hiked the price for Classic Flap bags by 20 to 31 percent in 2020.
The tote is created by Los Angeles-based entrepreneurs Paul Kradin and Steve Bauerfeind.
A diverse selection of products from the brand will be available to Tmall’s 902 million monthly active users beginning in July.
Called Sesia, the bag is named after the valley housing Loro Piana’s headquarters and the river that crosses through it and d’Angelantonio believes it encompasses the brand’s values.
Dee Ocleppo-Hilfiger is strategizing how to grow her online fan base and sees Farfetch as a major partner for distribution.
The Rome-based jeweler on March 21 will launch the “Bulgari Serpenti Through the Eyes of Mary Katrantzou” collection with a digital and editorial campaign fronted by Natalia Vodianova.
Bulgari is also expanding its luxury hotel network and Babin said the company will open its first unit in the U.S. in Miami in early 2024.
Nancy Gonzalez has used the pandemic as a time to reconsider her approach to sales and product offerings.