Emigration from China is now the lowest the country has seen in five years and 90 percent of Chinese millionaires are more confident in the nation's economic development, according to a new report from Hurun.
NEW YORK – The vocabulary consumers use to describe luxury is evolving, with the term “exclusive” falling out of fashion, according to the CEO of Shullman Research Center.
The Madison Avenue Business Improvement District has banded its stores together to share exclusive red envelope deals in congruence with the Chinese Lunar New Year to celebrate the holiday.
Preparing for a year of tumult, Luxury Daily surveyed experienced luxury insiders to gain insights into what marketers can expect in 2017 with geopolitical issues, customer acquisition and retention challenges, media and marketing shifts, and, most important, evolving consumer consumption patterns affecting products and experiential offerings.
Luxury Daily's live news from Jan. 20 - Emanuele Farneti named editor in chief of Vogue Italia, L’Uomo Vogue; Harrods to let waitstaff keep 100pc of tips received; Ferragamo explores Sicily’s natural beauty for spring/summer 2017; Chanel stages martial arts duel to pinpoint J12 favorite.
Today in luxury marketing - Balmain’s Olivier Rousteing discusses the relaunch of the house’s accessories collection; Wynn Las Vegas pulls Tom Ford items from shelves over Melania Trump dis; Tourists' luxury spending up in December for first time since February; On men’s runways, something unexpected: Women.
There is one particular signal that unpacks the information that U.S. millennial women are unconsciously filtering during the luxury purchase cycle: the identity and portrayal of the female persona.
