Luxury Daily, July 14, 2018 – As luxury appetite grows, 74pc of female Chinese HWNIs have self-gifted: survey

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July 14, 2017

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Retail

As luxury appetite grows, 74pc of female Chinese HWNIs have self-gifted: survey

Gift giving is common practice among the Chinese, but the rising percentage of high-net-worth consumers self-gifting can provide luxury brands with an opportunity to forge a personal and emotional connection.

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Strategy

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Strategy

Causes and nonprofits – Luxury Memo special report

Affluent consumers’ disposable incomes paired with the high cost associated with luxury goods have allowed a natural alliance of corporate social responsibility and philanthropic involvement to form for the benefit of countless causes.

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Fragrance and personal care

Givenchy leverages Instagram Stories for Gentleman fragrance reveal FREE

French fashion house Givenchy has unveiled the latest campaign for its Givenchy Gentleman cologne with a saturation of coverage through Instagram Stories.

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Retail

Majority of marketers believe AI will revolutionize their job: Forrester

Retailers and brands are beginning to place more stock in the ability of artificial intelligence to make marketing teams more efficient and lighten their workload.

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Media/publishing

Top 10 media and publishing efforts of H1

Faced with rapidly changing consumer behavior, the media and publishing sector has had to adapt its strategies to keep audiences engaged with content in print and other mediums.

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Real estate

Toronto remains the leading Canadian city for luxury

Despite many drawbacks that could cause issues for real estate markets, major Canadian cities are seeing significant property value increases, according to Sotheby's Realty.

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Automotive

Audi makes notable progress in the race for driverless cars

German automaker Audi is making significant steps forward in keeping up with the race for autonomy with the release of its A8.

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News briefs

Tiffany, Ferragamo, Vertu, IWC, Jaguar, Entrupy and hotels – Live news

Luxury Daily's live news from July 13 - Tiffany hires CEO from Diesel; Ferragamo inspires love affair with products for fall; Vertu cuts 200 jobs amid manufacturing liquidation; IWC makes Canadian debut in Toronto; Jaguar proves performance of SUV release with world record feat; Luxury authentication startup Entrupy raises $2.6M; Ritz-Carlton, JW Marriott top hospitality brands for customer satisfaction: J.D. Power.

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News briefs

Burberry, Qatar, Tag Heuer and real estate – News briefs

Today in luxury - Nearly a third of Burberry investors object to top executives' pay; Tiny Qatar is living large despite monthlong Arab siege; Tag Heuer reaches settlement with Groupe Logo employees; Singapore luxury penthouse on sale for $72M sparks recovery hopes for high-end Asian market.

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Columns

Imparting new impetus to the luxury goods market

Should we not expect luxury with its better margins and smaller dependency on economic fluctuations to take the lead in adopting new technologies?

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