The luxury jewelry sector will not be the only segment seriously affected by the growing gold and diamond demands, whose scarcity and prices could lead to an expensive increase in high-end products. However, these changes could serve to single out true luxury consumers.
American Express is offering consumers an incentive when they check-in via foursquare as part of its strategy to increase profits for small businesses this holiday season.
Today in luxury marketing - Menswear field leaving the ladies behind; The next face of Chanel?; Luxury automakers eye record numbers; Wall St. ends lower as Europe woes resume.
Readers are invited to nominate brand marketer candidates for Luxury Marketer of the Year, the most prestigious award in luxury advertising, marketing and media.