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June 8, 2015 – Ecommerce to account for 18pc of luxury sales by 2025: McKinsey

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Research
Ecommerce to account for 18pc of luxury sales by 2025: McKinsey

MONTE-CARLO, Monaco - Only the United States and China will account for more sales in the luxury industry than collective ecommerce by 2025, according to a McKinsey analyst at the Financial Times' Business of Luxury Summit June 8.

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Research
Mobile Research Summit 2015 New York June 18: IDC, Deloitte, Javelin, Euromonitor, BIA/Kelsey, Nielsen, Boston Retail

Registration is open for the second annual Mobile Research Summit: Data & Insights 2015 on Thursday, June 18 featuring analyst speakers from IDC, Deloitte, Javelin, Euromonitor, BIA/Kelsey, Boston Retail Partners and Nielsen. This daylong New York event is an immersion in invaluable market research and analysis focused on evolving consumer behavior and marketers’ adaptation to trends and changed needs via mobile use.

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Research
10 luxury houses net 50pc of sales among top 100 global brands: Deloitte

MONTE-CARLO, Monaco – Powerhouses such as LVMH, Richemont and Estée Lauder Companies continue to use portfolio-wide best practices to nurture both newcomers and finely tuned veterans, according to research by Deloitte.

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Multichannel
Connecting physical, digital touchpoints builds consumer relationships

MONTE-CARLO, Monaco – The relationship between online and bricks-and-mortar stores is reciprocal, with each driving traffic and sales to the other, according to panelists at the Financial Times' Business of Luxury Summit June 8.

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Commerce
Robust economic recovery stalled by debt addiction, says Citi economist

MONTE-CARLO, Monaco – The global economy is facing a stagnant year overall, with a general environment of disinflation, according to “The Macroeconomic Outlook” panel at the Financial Times' Business of Luxury Summit June 8.

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Multichannel
Technology alters familiar pillars by going beyond consumer expectations

MONTE-CARLO, Monaco – Technology has disrupted the luxury industry, but the impact varies across sectors and depends on how innovation has been incorporated, according to a panel session at the Financial Times’ Business of Luxury Summit June 8.

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Advertising
Introduce house codes through repetition, claims Mario Testino

MONTE-CARLO, Monaco - A brand's style should be recognizable on a person walking down the street, according to photographer Mario Testino at the Financial Times' Business of Luxury Summit June 8.

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Mobile
Lexus unites racing, lifestyle aspects of brand through Webisodes

Toyota Corp.'s Lexus is releasing a Webisode series that follows its professional racing driver James Rossiter through different aspects of the brand.

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Events/Causes
Photos from Financial Times’ Business of Luxury Summit Day 1

MONTE-CARLO, Monaco – During the Financial Times’ Business of Luxury Summit June 7-9, brand delegates and attendees came together to discuss technology, legacy and the new consumer.

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News briefs
Aston Martin, Montblanc, Guerlain and Fabergé – Live news

Luxury Daily's live news from June 8 - Aston Martin teases consumers with details about new powerboat; Montblanc collaborates with designer for collection of pens; Guerlain explores fantastical galaxy in short video for new collection; Fabergé spreads brand awareness by bringing exhibit to new locations.

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News briefs
Richemont, Graff, Dallas and Chinese consumers – News briefs

Today in luxury marketing - Richemont invites LVMH to join site to compete with Amazon; Graff Diamonds to sponsor Art Southampton Preview; Luxury labels take on Dallas, where runway fashion is ‘a sport’; Chinese are piling money into stocks instead of buying cars.

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Columns
3 tips to protect against mobile commerce fraud

Mobile commerce is without a doubt the riskiest method of sales. In 2014, merchants experienced nearly double the fraud rate in mobile commerce versus ecommerce.

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