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Headlines: Frédéric Malle, China, Louis Vuitton, Californization of Texas housing, Saks

October 11, 2023

The founder of Editions de Parfums Frédéric Malle speaks to the oversaturation of niche perfume in the online age and why fragrance education is more crucial than ever. Image credit: Editions de Parfums Frédéric Malle The founder of Editions de Parfums Frédéric Malle speaks to the oversaturation of niche perfume in the online age and why fragrance education is more crucial than ever. Image credit: Editions de Parfums Frédéric Malle

 

Curated headlines by Luxury Roundtable

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Frédéric Malle on the state of modern perfumery and why the China market excites him
A glance through the decades reveals how perfume has reflected evolving cultural norms. (Jing Daily)

Can luxury make tech wearables cool?
In June, Apple unveiled its widely-anticipated mixed reality headset, the Vision Pro. The first wearable headset device to arrive from the company, it boasts spatial audio functionality, ultra high-resolution display systems, and AI-enabled eye-tracking features for navigation. There was just one fatal flaw. (Jing Daily)

A gilded age is fading for luxury brands
The latest results from Louis Vuitton owner LVMH show that luxury shoppers are sobering up after years of heavy spending. (The Wall Street Journal)

The Californization of the Texas housing market
Migration from more expensive states has pushed home prices out of reach for many locals; ‘a very hard market for first-time buyers.’ (The Wall Street Journal)

Louis Vuitton’s books and gifts pop-up lands in Shanghai
To coincide with the occasion, the LVMH-owned megabrand also released its first Chinese podcast series, "Louis Vuitton [Extended]." (WWD)

Saks furthers support for mental health
Since 2017, the Saks Fifth Avenue Foundation has invested nearly $7 million in U.S. mental health initiatives. (WWD)