| | Retail China will account for 45pc of global luxury sales by 2025 | NEW YORK – In just the past few years, China has evolved from being the “factory of the world” to the consumer of the world, according to an executive from Chinese ecommerce giant Alibaba. Entire
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Retail Neiman Marcus personalizes in-store experience by giving employees strong digital tools | NEW YORK – Digital has changed the way consumers interact with bricks-and-mortar stores, and no sector has felt this more than luxury retail. Entire
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Apparel and accessories Balmain captures “youthful spirit” via spontaneous campaign | French fashion house Balmain’s millennial creative director, Olivier Rousteing, is speaking to his generation’s perspective through the brand’s latest advertising campaign. Entire
article | Retail As retail transforms, luxury will be last to join the movement FREE | Consumers today are more interested in the convenient services that automation can offer, but luxury brands will be the last to replace human interaction. Entire
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Retail Emerging markets are valuable, but require cultural understanding | NEW YORK – China, India and the Middle East are three of the most important emerging markets for retailers today, but to truly succeed there, Western brands need to understand how to translate ideas across cultures. Entire
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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. Entire
article | Strategy Subscribe now: $12 for 12 weeks FREE | 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. Entire
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Luxury FirstLook Registration closing soon for Luxury FirstLook 2018: Exclusivity Redefined, New York, Jan. 17 FREE | 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. Entire
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News briefs Galeries Lafayette, Karl Lagerfeld, YNAP, Piaget and Lexus – Live news | Luxury Daily's live news from Jan. 16 - Galeries Lafayette to open in Shanghai; Kaia Gerber turns designer for Karl Lagerfeld collaboration; YNAP sales up 12pc in 2017; Piaget takes inspiration from Ibiza for brand campaign; Lexus looks to expanding families to tout its own growing RX family. Entire
article | News briefs Mario Testino, Cartier, Hugo Boss and Trump Hotels – News briefs | Today in luxury - Burberry drops Mario Testino over sexual misconduct claims; Cartier watch inventory levels are healthy: CEO; The Boss is back; Panama Hotel votes to drop Trump, but his company won’t go. Entire
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Columns Disruption: 6 insights to help luxury brands stay desirable | A recent IPSOS survey found that 65 per cent of Europeans complain that the prices of luxury goods have increased significantly without any real quality improvements. Entire
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Retail At risk of being left behind, Prada finally sells online in China | When asked “Why not ecommerce?” in 2014, Prada CEO Patrizio Bertelli responded that he had “more important things to do, like opening stores, for example.” Entire
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