Despite making up less than a third of all active consumers during the holidays, millennials comprise the majority of luxury holiday shoppers, according to a new report from Shullman Research Center.
Despite the buzz around beacons, WiFi is the better method right now for helping retailers streamline store layouts, enhance loyalty programs and support new mobile services, according to a new report from ABI Research.
Luxury Daily's live news from Nov. 2 - Fendi keeps up pace in Miami, opens Design District shop; Estée Lauder rewards loyal shoppers with perks, exclusives; Christian Louboutin doubles Madison Avenue boutique size; Selfridges optimistic for year ahead after record financial performance.
Today in luxury marketing - US stocks slightly higher as Coty makes a deal, Estée Lauder beats; Luxury attire and accessory stores woo the well-heeled; Can Dubai really become a global fashion capital?; Protecting underage models becomes a federal issue.
Luxury Daily is inviting opinion pieces on luxury advertising, marketing, media and retail issues that affect marketers as they run multichannel programs for branding as well as customer acquisition, retention and reactivation.