While Singles' Day catches the eye of most luxury retailers rather than Black Friday deals, those that continue to skip the discount-focused day will miss out, as even affluent consumers still appreciate a good deal.
Register now for the nation's premier conference focused on how the luxury business will rapidly evolve in 2017, calling for a reset to Luxury 2.0. Speaker list, agenda and registration link in article.
The luxury apparel market is forecasted to be worth $60.7 billion by the end of 2024, up from $1.8 billion in 2015, according to a report by Transparency Market Research.
In the midst of reformatting its print edition, The Wall Street Journal is launching a virtual reality application in hopes that consumers looking for an alternative to cable news will gravitate towards immersive business and financial reportage.
With consumers becoming more invested in longer vacation stays overseas, Iceland has dramatically increased in interest with not just adventure seekers but with affluent families as well, according to Virtuoso.
Luxury Daily's live news from Nov. 21 - Marc Jacobs looks to social audience to recruit beauty vloggers; Bergdorf Goodman styles holiday shopping trips; Hermès seeks remedies for quirky Cape Cod syndrome; Georg Jensen aims to spoil via online gifting guide.
Today in luxury marketing - Maintaining his memory: The archive of Oscar de la Renta; Life lessons from the luxury-brand world; Ralph Lauren to be honored for outstanding achievement; Porsche: We won't go below Macan, Boxster.
Millennials grew up in the age of the Internet and no longer see the majority of online ad inventory, let alone engage and click. How do you truly grab their attention?