Luxury Daily, January 29, 2018 – Chinese ultra-affluent showing increased economic confidence
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| | Retail Chinese ultra-affluent showing increased economic confidence | As China’s share of global high-net-worth individuals grows, the country’s wealthy elites increasingly believe that in the next 10 years it will overshadow the United States as the country with the most ultra-affluent consumers. Entire
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Travel and hospitality Uncertainty is new normal for global travel industry | NEW YORK – Despite facing geopolitical and technological disruptions, 2018 is shaping up to be a record year for the travel industry. Entire
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Apparel and accessories Versace taps into youthful rebellion and independence | Italian fashion label Versus Versace’s latest campaign, “Sub Versus 2,” celebrates the individuality and non-conformity of today’s youth in a photo and video series following several independent young people in Southern California. Entire
article | Travel and hospitality Personalized travel gives affluents chance to be authentic selves FREE | NEW YORK – The definition of luxury travel has evolved more in the last 10 to 15 years than it had in the entire century before, according to panelists speaking at the 2018 New York Times Travel Show Jan. 26. Entire
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Automotive Porsche adapts to future tech, but will focus on driving experience | German automaker Porsche is the most recent luxury brand to create a forward-looking strategy that leans on electric vehicles, despite the “burden” it is. Entire
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Blog Top 5 brand moments from last week | Luxury brands are learning to take themes such as influencers and technology in marketing and take them to the next level in hopes to wow affluents and stand out from the noise. Entire
article | Luxury Memo special reports Food, beverage and experiential luxury: Luxury Memo special report | From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends. 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
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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
article | News briefs Stella McCartney, Burberry, Comité Colbert, Missoni, Claremont and Breguet – Live news | Luxury Daily's live news from Jan. 26 - Are Kering and Stella McCartney parting ways?; Burberry brings slice of British life to Paris; Comité Colbert makes local, international push to cement luxury’s future; Missoni decamps to the desert for colorful spring campaign; Claremont Rug Company turns to digital for carpet collecting education; Breguet takes cinematic creation on tour. Entire
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News briefs Chinese consumers, Swarovski, Citizen and real estate – News briefs | Today in luxury - New wave of Chinese shoppers splurges on luxury goods; Swarovski says an IPO could help propel jeweler's expansion; Citizen considers luxury acquisitions to attract high-net-worth customers; Ghost towers: Half of new-build luxury London flats fail to sell. Entire
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Columns How to build a brand that lasts a century | Deliberately niche brands that are betting against mass luxury and not following the retail race are on a winning streak. Entire
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