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Vogue editor in chief Anna Wintour has excoriated U.S. President Trump for inadequate action on the coronavirus outbreak in a March 16 editorial letter posted on Vogue.com.

British luxury trade organization Walpole has reacted to the first budget from Rishi Sunak, new chancellor of the exchequer, and what it means for the country’s luxury brands.

This third annual State of Luxury: The Insider View report by Luxury Daily and Unity Marketing surveys 600-plus luxury insiders on their reasons for optimism and caution in 2019. Buy the 44-page exclusive research to arm yourself with invaluable intelligence, or get it free with an annual subscription to Luxury Daily.

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

Elsewhere in luxury: Dow falls nearly 3,000 points as virus fears spread; N.Y.C.’s economy could be ravaged by coronavirus outbreak; U.S. workers brace as coronavirus ripples through real economy; As LVMH pledges to mass produce hand sanitiser for hospitals, how the global luxury market is responding to the coronavirus.

Luxury Daily's live news: Hyundai’s Genesis luxury car marque rolls out job loss protection program for customers; Italy’s Ferrari suspends production of cars at plants over COVID-19 precaution, supply chain issues; Cunard, free of COVID-19 so far, takes a month’s break from North American departures; LVMH diverts beauty resources to make hand sanitizers for French.

Luxury Daily's live news: Marriott to furlough tens of thousands of employees as coronavirus slams hospitality business; Swiss watch brand Hublot goes beyond government recommendation, shuts factory; Sephora, Nordstrom to close North American stores as COVID-19 fears amplify; UK’s De Beers Jewelers turns to Oracle for mobile PoS tech; Federal government needs to act quickly to put floor under US economy.

With markets in turmoil and uncertainty at peak levels, CEOs of brands — both in and out of the luxury business — are asking me: What now?

Luxury Daily's live news: Hyundai’s Genesis luxury car marque rolls out job loss protection program for customers; Italy’s Ferrari suspends production of cars at plants over COVID-19 precaution, supply chain issues; Cunard, free of COVID-19 so far, takes a month’s break from North American departures; LVMH diverts beauty resources to make hand sanitizers for French.

Hyundai Motor’s Genesis luxury car brand has launched a new program targeted to U.S. customers who stand to lose their jobs this year over the fallout of the coronavirus outbreak.

Italian sports car maker Ferrari has suspended production of vehicles at its Maranello and Modena plants in Italy until March 27.

Cross-Atlantic cruise line company Cunard has ceased new North American departures for a month through April 11 as it addresses concerns over the global coronavirus outbreak.

The effort is aimed at stemming the shortage of anti-viral products in France as the country tackles the coronavirus outbreak.

As these consumers are seeing their wealth disappear overnight from the end of the bull market, luxury brands from every sector are concerned about what it will mean for them.

Register now for Luxury Daily's fourth annual Women in Luxury conference Wednesday, April 15 in New York. Meet with speakers from BMW, Chanel, Piaget, Apple, Moët Hennessy, Ritz-Carlton, Mandarin Oriental, Maison Atia, Diamond Producers Association, Forrester Research, Ana Andjelic, Shanker Inc., Accenture, Modern Luxury, Worth, Meredith’s Travel + Leisure, China Luxury Advisors, Sedhom Law Group, Reputation Dynamics, Luxury Portfolio International and LVMH's Starboard Cruise Services.

With travel bans and cancelled flights, the airline industry is taking a beating because of the spread of COVID-19, but many affluent travelers are opting for private jets for travel.

For years, industry experts have been announcing the end of fashion shows, but until the COVID-19 outbreak, this idea seemed too radical for fashion loving-crowds to accept.

This third annual State of Luxury: The Insider View report by Luxury Daily and Unity Marketing surveys 600-plus luxury insiders on their reasons for optimism and caution in 2019. Buy the 44-page exclusive research to arm yourself with invaluable intelligence, or get it free with an annual subscription to Luxury Daily.

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

Luxury Daily's live news: President Trump declares US national emergency in response to coronavirus; UK’s Globe-Trotter rolls out “No Time To Die” luggage set even as movie release is pushed; British designer JW Anderson opens first flagship retail location worldwide in London’s Soho; 81pc of wealthy Chinese interviewed see sense of normality returning by mid-June.

The modern-day Indian luxury consumer is incredibly dynamic, with behavior and attitudes toward wealth undergoing radical changes.