MONTE-CARLO, Monaco - Only the United States and China will account for more sales in the luxury industry than collective ecommerce by 2025, according to a McKinsey analyst at the Financial Times' Business of Luxury Summit June 8.
Registration is open for the second annual Mobile Research Summit: Data & Insights 2015 on Thursday, June 18 featuring analyst speakers from IDC, Deloitte, Javelin, Euromonitor, BIA/Kelsey, Boston Retail Partners and Nielsen. This daylong New York event is an immersion in invaluable market research and analysis focused on evolving consumer behavior and marketers’ adaptation to trends and changed needs via mobile use.
MONTE-CARLO, Monaco – Powerhouses such as LVMH, Richemont and Estée Lauder Companies continue to use portfolio-wide best practices to nurture both newcomers and finely tuned veterans, according to research by Deloitte.
MONTE-CARLO, Monaco – The relationship between online and bricks-and-mortar stores is reciprocal, with each driving traffic and sales to the other, according to panelists at the Financial Times' Business of Luxury Summit June 8.
MONTE-CARLO, Monaco – The global economy is facing a stagnant year overall, with a general environment of disinflation, according to “The Macroeconomic Outlook” panel at the Financial Times' Business of Luxury Summit June 8.
MONTE-CARLO, Monaco – Technology has disrupted the luxury industry, but the impact varies across sectors and depends on how innovation has been incorporated, according to a panel session at the Financial Times’ Business of Luxury Summit June 8.
MONTE-CARLO, Monaco - A brand's style should be recognizable on a person walking down the street, according to photographer Mario Testino at the Financial Times' Business of Luxury Summit June 8.
MONTE-CARLO, Monaco – During the Financial Times’ Business of Luxury Summit June 7-9, brand delegates and attendees came together to discuss technology, legacy and the new consumer.
Luxury Daily's live news from June 8 - Aston Martin teases consumers with details about new powerboat; Montblanc collaborates with designer for collection of pens; Guerlain explores fantastical galaxy in short video for new collection; Fabergé spreads brand awareness by bringing exhibit to new locations.
Today in luxury marketing - Richemont invites LVMH to join site to compete with Amazon; Graff Diamonds to sponsor Art Southampton Preview; Luxury labels take on Dallas, where runway fashion is ‘a sport’; Chinese are piling money into stocks instead of buying cars.
Mobile commerce is without a doubt the riskiest method of sales. In 2014, merchants experienced nearly double the fraud rate in mobile commerce versus ecommerce.