Luxury Daily, February 23, 2018 – Wealthy investors keep calm, carry on amid stock market turbulence

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February 23, 2018

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Financial services

Wealthy investors keep calm, carry on amid stock market turbulence

The recent stock market volatility has made high-net-worth individuals more cautious, but the majority believe the period of fluctuations is only temporary.

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Luxury Memo special reports

Cities of luxury: Paris – Luxury Memo special report

Luxury is found in many cities across the world, but Paris is often among the first metropolitan locations that come to mind when one hears "luxury."

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Apparel and accessories

DVF to hold 4-day event exploring women in charge

U.S. fashion label Diane von Furstenberg is hosting a four-day event at its headquarters in New York for a series of discussions about women’s empowerment.

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Apparel and accessories

Made in Italy gets museum treatment in Milan FREE

Bottega Veneta and Missoni are among the luxury labels featured in a new exhibit at Palazzo Reale that aims to place fashion history within a broader cultural context.

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Fragrance and personal care

Givenchy follows modern muse from dusk to dawn

France’s Givenchy Beauty is inviting consumers to fall for its latest fragrance through a youthful campaign.

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Strategy

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Never miss a luxury moment. Access the latest luxury business news and analysis, marketing and retail campaigns, features, special reports and live coverage during business hours. Check the $12 for 12 weeks offer for 22 percent off the annual subscription price.

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Marketing

Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders FREE

The rise of the digital economy simultaneously poses the biggest challenge and growth opportunity to the luxury business, according to the newly released “State of Luxury 2018: The Insider View” report from Luxury Daily and Unity Marketing that surveyed 599 decision-making luxury industry insiders. More details in article on how to buy or get the report free with a new annual subscription.

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News briefs

Lanvin, Rolls-Royce, Galeries Lafayette and British Vogue – Live news

Luxury Daily's live news from Feb. 22 – Fosun finalizes deal to acquire Lanvin; Rolls-Royce employees pick neonatal care organization as House Charity for 2018; British Vogue chases young audiences with hire of new digital editor; Galeries Lafayette's watchmaking division names new managing director.

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News briefs

Charlotte Olympia, Mercedes-Benz, Airbnb and Aston Martin – News briefs

Today in luxury – Charlotte Olympia files for bankruptcy in US, set to liquidate; The $179.5K Mercedes S63 AMG convertible is cushy but cutthroat; Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth; Aston Martin's luxury condo revs up for 2021 completion.

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Columns

Sampling is a highly underrated but effective marketing tool

The massive in-store promotions industry is ultimately going to be dwarfed by out-of-store sampling.

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Fragrance and personal care

Italian government aids country’s beauty brands to break into US market

Targeting the opportunities ahead, the Italian government has for the first time created a program geared to promoting Italian beauty brands entering the United States market.

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