| | Retail Will Richemont’s YNAP proposal prompt Kering to launch an ecommerce platform? | Swiss luxury conglomerate Richemont's intention to acquire the remaining Yoox Net-A-Porter Group shares it does not hold should serve as a wakeup call for other holding groups who have yet to establish a multi-brand ecommerce platform. Entire
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Retail Offline sales are not dead, but transformed | In the face of industry change, it is not the end for bricks-and-mortar because, despite the number of stores declining, in-store sales are on the rise. Entire
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Apparel and accessories Valentino looks inside its atelier to find passion, craftsmanship FREE | Italian fashion label Valentino is highlighting its craftsmanship ahead of its Haute Couture show, leveraging what gives luxury products true quality. Entire
article | Retail Courtesy, product knowledge are most-valuable traits of luxury sales associates | While digital tools may be appealing, a new report from the Luxury Institute shows that many consumers value the personalized touch of a human sales associate to guide them through the shopping process. Entire
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Fragrance and personal care Shiseido collaborates with Japanese high schoolers for new product line | Japanese cosmetics company Shiseido is crafting a unique partnership not with a notable designer or agency, but with everyday high school girls. 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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News briefs Kering, Tesla, John Varvatos, Louis XIII, Shangri-La and Stella McCartney – Live news | Luxury Daily's live news from Jan. 23 - BMW, Kering named among top sustainable companies; Tesla ties Elon Musk’s compensation to company performance; John Varvatos taps Nick Jonas as campaign star, collaborator; Louis XIII teams with Baccarat for one-of-a-kind creation; Shangri-La rewards consumers for mobile engagement; Stella McCartney looks to sustainability in effort to transform fashion. Entire
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News briefs Louis Vuitton, secondhand watches, Tom Ford and Paddle8 – News briefs | Today in luxury - Louis Vuitton’s Michael Burke talks fragrance; Hong Kong’s status as Asia’s "watch hub" draws luxury pre-owned trading platform Watchbox; Tom Ford to show men’s at New York Fashion Week; Paddle8, online art auctioneer, is merging with Swiss tech company. Entire
article | Marketing Chinese customer a demographic concept, not geographic | Luxury brands are usually 30 percent to 40 percent cheaper abroad than inside China, so Chinese customers love shopping abroad. But they are the same group of shoppers, no matter where they go, and brands should be aware of this reality. Entire
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