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Elsewhere: Coca-Cola resurrects post of chief marketing officer; What does being best dressed mean?; UBS to wind down unit for the super-rich; George Laurer obituary.

Luxury Daily's live news from Dec. 16 - Alrosa, No. 1 producer of rough diamonds, offers blockchain transparency for Chinese consumers via WeChat; LVMH’s Clos19 taps social media to create holiday music album with Jamie Cullum; Dior shows augmented reality makeup holiday look; Saks parent Hudson’s Bay Co. postpones Dec. 17 shareholder meeting in continuing saga to take company private; Versace owner Capri Holdings buys Italian footwear maker Alberto Gozzi.

Luxury marketers and retailers are facing turbulent times with a new generation of wealthy customers embracing an enlightened set of values.

Luxury Daily's live news from Dec. 16 - Alrosa, No. 1 producer of rough diamonds, offers blockchain transparency for Chinese consumers via WeChat; LVMH’s Clos19 taps social media to create holiday music album with Jamie Cullum; Dior shows augmented reality makeup holiday look; Saks parent Hudson’s Bay Co. postpones Dec. 17 shareholder meeting in continuing saga to take company private; Versace owner Capri Holdings buys Italian footwear maker Alberto Gozzi.

The use of blockchain via a new WeChat Mini Program ecommerce offering for Chinese retailers is designed to ensure transparency of Alrosa diamonds’ origin, characteristics and ownership.

Clos19, the online store for LVMH Champagnes, wines and spirits, has collaborated with British singer-songwriter Jamie Cullum for a musical holiday gift whose origins lie in social media feedback.

Marking the holiday season, Dior has debuted a 3Dior Makeup experience that blends the world of cosmetics with technology.

The announcement, made today, can mean one thing that was alluded to by sources in a WWD article: that HBC executive chairman Richard Baker and his Rupert Acquisition LLC consortium owning 57 percent could not convince most of the remaining minority shareholders to accept the go-private offer for HBC.

The acquisition will combine Alberto Gozzi with Michael Kors, Jimmy Choo and Versace.

The hospitality giant will debut 30 new hotels and resorts worldwide next year to tap into the notion of transformative travel that has given rise to the “Purposeful Luxurian.”

Register now for the 8th annual Luxury FirstLook 2020 conference Jan. 15 in New York focused on the outlook for the year ahead. Find out from the smartest minds how the race is on for luxury products and services to match needs and values as a sine qua non of doing business. Seating limited to 100 - won't you join us?

The luxury business is in for tremendous upheaval in 2020. Register now for Luxury Daily's 8th annual Luxury FirstLook 2020 conference in New York Jan. 15. Speakers include senior execs from Kering, David Yurman, Pernod-Ricard, Boston Consulting Group, Forrester Research, UBS, Meredith Luxury, Blade, Mitchells Stores, Crown & Caliber, McCann Truth Central, Dentsu Luxe, Publicis Sapient, Shullman Research Center, Digital Luxury Group and Resonance.

While luxury consumers tend to have higher incomes, aspects such as where an individual lives and their occupation can give a clearer picture at their likely purchase interest.

LVMH-owned cognac house Hennessy is embarking on a cross-continental journey to document the ways in which a change of place can help to shape a person’s trajectory.

Shopping on Taobao boutiques for fashion items has become extremely trendy with young and fickle Chinese consumers because they offer strong branding and design as well as more value for money.

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.

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 - Gildo Zegna: tailoring masculinity for changing tastes; Facebook won’t change Web tracking in response to California privacy law; How the superrich took over the museum world; Chinese-owned luxury brands struggle as rest of industry prospers.

Luxury Daily's live news from Dec. 13 - Gold’s investment potential limited by lack of awareness, education; Fashion, retail trade bodies welcome US-China tariff tension easing; Balmain, looking for CEO, yanks Jean-Jacques Guével from Zadig & Voltaire; 42pc of British luxury is exported to EU. What happens now with thumping Tory victory?; Major brands share outlook for 2020 - join us at Luxury FirstLook Jan. 15.

Register now for the 8th annual Luxury FirstLook 2020 conference Jan. 15 in New York focused on the outlook for the year ahead. Find out from the smartest minds how the race is on for luxury products and services to match needs and values as a sine qua non of doing business. Seating limited to 100 - won't you join us?