Luxury Society’s selection of news articles that are not to be missed this week.
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What We’ve Read: Instagram Launches Shopping Checkout
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Over the last decade, collaborations between luxury brands and contemporary artists have gone beyond mere artistic partnerships towards a new kind of luxury branding.
PARIS – Art and fashion have always developed side by side, for fashion, like art, often gives visual expression to the cultural zeitgeist. During the 1920s, Salvador Dalí created dresses for Coco Chanel and Elsa Schiapparelli. In the 1930s, Ferragamo’s shoes commissioned designs for advertisements from Futurist painter Lucio Venna, while Gianni Versace commissioned works from artists such as Alighiero Boetti and Roy Lichtenstein for the launch of his collections. Yves Saint Laurent’s vast art collection, recently auctioned at Christie’s in Paris, testified to his great love of art and revealed the influence of a variety of artists on his own designs.
In the 1980s, relationships between luxury brands and artists were advanced when Alain Dominique Perrin created the Fondation Cartier. In the Fondation Cartier pour l’Art Contemporain, a book marking the foundation’s 20th anniversary, Perrin says he makes “a connection between all the different sorts of arts, and luxury goods are a kind of art. Luxury goods are handicrafts of art, applied art.”
The Fondation Cartier pour l’Art Contemparain building in Paris
Luxury Society’s selection of news articles that are not to be missed this week.
1. Instagram launches shopping checkout, charging sellers a fee
Instagram is opening a whole new revenue stream. Now the 130 million people who tap Instagram’s product tags on shopping posts will be able to buy those items without leaving the app, thanks to stored payment info. “Checkout with Instagram” launches today in the U.S. with more than 20 top brands, including Adidas, Kylie Cosmetics and Warby Parker, which will no longer have to direct customers to their websites to make a purchase.
Read this on TechCrunch.
2. Baselworld: A watch fair first, and last
The Baselworld watch and jewelry fair, to begin Thursday in the Swiss city of Basel, will be remembered as both the first of its kind — and the last.
Read this on The New York Times.
3. Cadillac brings live showroom experience to digital devices
U.S. automaker Cadillac is looking to change the car-buying experience with a live digital showroom that facilitates one-on-one interactions between consumers and agents.
Read this on Luxury Daily.
4. Hermès still benefiting from buoyant Asian demand
Along with Louis Vuitton and Gucci, Hermès is still riding high on strong demand from Asian clients with net profit up 15 percent to €1.4 billion and operating income up 6 percent to €2 billion.
Read this on The Business of Fashion.
5. It’s impossible to tell the difference between luxury & fast fashion sneakers
The philosopher Confucius taught the importance of imitation. Students learn by copying their master’s work and masters apply what they copied as a student. Centuries before Oscar Wilde declared it the highest form of flattery, Chinese scholars made imitation the root of innovation.
Read this on Highsnobiety
Writer at Luxury Society
Cléa Emery is writer at Luxury Society. Based in Geneva, Cléa was previously part of the Digital Marketing team of Solar Impulse. She now contributes to managing the Luxury Society platform. Cléa is also Marketing & Communication specialist at DLG, the parent company of Luxury Society.
