Luxury Daily, December 13, 2017 – Impact of GDPR on luxury brands

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December 13, 2017

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Impact of GDPR on luxury brands

What effect will the rollout next year of the European Union’s General Data Protection Regulation (GDPR) have on a business that relies on strictly targeted marketing?

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Strategy

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Luxury FirstLook

Register now for the nation's premier conference focused on how the luxury business will have to evolve in 2018 as the notion of exclusivity through product, distribution, marketing and experience is challenged. Event on Jan. 17 in New York. Speaker list, agenda and registration link in article.

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Retail

Global luxury’s growth in 2017 driven by strong showing in China

While the overall global luxury business is finishing the year with a healthy 4 percent growth, the year ahead is teeming with risks and potential pitfalls for luxury brands.

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Media/publishing

Condé Nast is 2017 Luxury Publisher of the Year FREE

Condé Nast is Luxury Daily’s 2017 Publisher of the Year for its innovative approach to tackling some of the thornier issues facing the media industry this year, including the digital revolution and smart use of video.

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Apparel and accessories

Armarium recreates high-end customer service on digital portal

Apparel and accessories rental service Armarium is investing in new high-end digital initiatives to better connect with luxury consumers via tailored experiences and refined customer service.

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Consumer electronics

Apple acquires Shazam in bid to outshine competitors in AR FREE

Silicon Valley's Apple has fully acquired music-recognition application Shazam, but the purchase represents more than just the tech giant's bid to amass Apple Music subscribers.

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Retail

Net-A-Porter creates streamlined view of product life management

As part of its mission to manage its abundance of information, Yoox Net-A-Porter Group has developed a clear picture of its product process through the use of data.

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Food and beverage

Food and beverage sector’s Top 10 headlines of 2017

Driven by consumers' preference of experiences over material objects, 2017 was an excellent year for the high-end food and beverage sector.

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News briefs

Mercedes, Westfield, Loewe, Ferragamo, Barnebys and Tiffany – Live news

Luxury Daily's live news from Dec. 12 - Mercedes looks to Star Wars following for a following of its own; France’s Unibail-Rodamco valued at $72B following Westfield acquisition; Loewe to relocate from Mount to New Bond Street following UK success; Ferragamo melds industry, craftsmanship to protect leather savoir-faire; Barnebys acquires auction software to cement auctioneer relations; Tiffany touts conservationist philosophy in #MonumentsForAll message.

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News briefs

Books, Birkin bags, diversity and handcuffs – News briefs

Today in luxury - Book stores may be dying, but fashion brands are giving them new life; The Birkin bag mechanics; Diversity on magazine covers saw slight decline in 2017; A pair of Gucci handcuffs from the Tom Ford era have popped up on the Internet for $65K.

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