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Dec. 22, 2024
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  7. Meta drops price on paid subscription tier in EU
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Marketing

Changing consumers pushing luxury brands to innovate

February 26, 2019

Fendi Baguette Friends Forever Today's luxury consumer is most likely to be young and Chinese. Image credit: Fendi

 

By Sarah Ramirez

The luxury business is not immune to disruptions, as emerging affluent consumers continue to embrace technology, social media and sustainability at rapid rates.

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  1. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  2. Happy Holidays!
  3. Mergers and growth and consolidation, oh my!: Courts disallow Tapestry-Capri deal
  4. Vera Wang sells IP to brand management firm WHP Global
  5. Mood of global millionaires in the pandemic-era
  6. Quarterly sales down at Versace, Jimmy Choo
  7. Meta drops price on paid subscription tier in EU
  8. MGallery Collection wins Grand Prize for luxury tourism
  9. Tiffany & Co., Sotheby’s team up on auction, pop-up experience
  10. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
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