| | Research China’s affluent consumers redefining the meaning of luxury | Luxury brands that want to appeal to affluent Chinese consumers over the next decade will need to be tech savvy, deliver Chinese-focused messaging and understand the evolving tastes of sophisticated Chinese consumers. Entire
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Real estate Rosewood Hotels targets branded private residential market for global growth | Rosewood Hotels & Resorts, like its peers Four Seasons, Ritz-Carlton and Mandarin Oriental, is expanding its offerings as the chain identifies strong demand for hotel-branded private residences worldwide. Entire
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Retail Could Capri Holdings lose $100M over the coronavirus? | Around 150 of Capri Holdings’ 225 the stores in mainland China are closed, said the owner of Michael Kors, Versace and Jimmy Choo. Of the stores that remain open, both foot traffic and sales have been severely reduced. Entire
article | Retail In the new age of rentable luxury, consumers are less concerned with ownership than ever | From environmental concerns to a new wave of minimalism, wealthy consumers are shifting toward the economy of sharing rather than the absolute ownership of luxury goods. Entire
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Strategy Subscribe now: Full access to 90,000+ articles, reports, videos and images FREE | 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. Entire
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News briefs Elsewhere: Tesla, Gartner, New York renters and Brookfield | Elsewhere in luxury - GM and Ford face slowing demand as Tesla revs up; Gartner: Luxury execs see change coming in 2020; Surprise for New York renters: No more broker fees; Brookfield: inside the $500B secretive investment firm. Entire
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News briefs Hermès, Burberry, Louis Vuitton, Tiffany and LVMH | Luxury Daily's live news - Hermès challenges cosmetics establishment with official debut of Hermès Beauty; Burberry gives voice to models with spring-summer 2020 campaign; Louis Vuitton’s new menu for growth: restaurants; Tiffany & Co. shareholders approve acquisition by LVMH for $16.2B. Entire
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Retail It is time for the retail industry to challenge the tech titans | Four technology companies – Apple, Amazon, Alphabet (Google) and Facebook – have a collective market capitalization of more than $3 trillion. That is 15 percent of U.S. GDP. Entire
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