Day’s wrap: Nordstrom, Louis Vuitton, Net-A-Porter, Coty and 1 Hotels

News briefs

July 12, 2021 With the new site, consumers can pick up their orders at the Louis Vuitton flagship store in Mexico City. Image credit: Louis Vuitton

By Luxury Daily News Service

Luxury Daily’s live news for July 12:

Nordstrom takes minority stake in Topshop in bid for younger shoppers

U.S. department store chain Nordstrom has announced its acquisition of a minority interest in four Asos brands, fostering a mutually beneficial partnership.

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Louis Vuitton debuts ecommerce in Mexico in Latin American push

French fashion house Louis Vuitton is furthering its reach in Latin America with a new ecommerce site and boutique.

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Net-A-Porter, Mr Porter enter pre-owned timepiece space

Online retailers Net-A-Porter and Mr Porter have partnered with pre-owned watch specialist Watchfinder & Co., marking the brands’ first move into secondhand luxury watches.

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Coty to launch innovative, contactless fragrance testing

Beauty group Coty is announcing a hands-free fragrance testing device that will be available for retailer use in the next 12 months.

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1 Hotels set to open first Canada property in Toronto

Hospitality group 1 Hotels is now accepting reservations for its Toronto space, set to open next month.

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Luxury brands leverage livestreams, influencers for successful 618

Second to Double 11, or Single’s Day, the 618 shopping festival is the largest mid-year ecommerce promotion in China, with sales surpassing $53 billion this year.

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