Luxury Daily, July 19, 2019 – Ownership is dead. Long live usership

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July 19, 2019

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Retail

Ownership is dead. Long live usership

The dominant economic model of the last 150 years is coming to a close.

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Luxury Memo special reports

Alternative materials – Luxury Memo special report

Luxury has traditionally been associated with specific naturally derived materials such as leather and diamonds, but technology and changing attitudes are paving the way for manmade alternatives.

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Retail

Register now for the world's first luxury customer experience conference: Luxury Daily's LuxeCX on Wednesday, Sept. 25 in New York. Hear from experts at Apple, Piaget, Forrester Research, InterContinental Hotels’ parent IHG, Ritz-Carlton Leadership Center, Christie's, South Coast Plaza, UBS, Taj Hotels’ The Pierre, IBM, Magellan Jets, Gaggenau, Altiant, Shanker Inc., Customer Experience Group and the Luxury Institute.

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Retail

Saks leans into menswear for interpretation of New Luxury

Department store chain Saks Fifth Avenue is pushing even further with its strategy to reevaluate the in-store shopping experience while also heightening menswear offerings with a new male shoe department.

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Webinars

Webinar on Aug. 21: “Property and Furnishings: How to Hit a Home Run” FREE

Register now for this free hour-long webinar Aug. 21 on how younger affluent consumers are shaping the way property is bought and sold and influencing what goes into these homes based on their values and concerns for the environment. Experts will weigh in with insights, analysis, tips and examples to keep home-oriented marketers competitive and relevant.

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Apparel and accessories

Balenciaga captures private, everyday moments in winter campaign FREE

French fashion label Balenciaga is continuing its playful balance of originality and accessibility by featuring real-life couples in its winter 2019 campaign.

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Real estate

New York’s luxury real estate falters ahead of increased taxes

Luxury home sales in New York fell 5 percent over the first half of the year, even with a revised mansion tax acting as incentive for buyers to finalize purchases.

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Jewelry

Top 10 jewelry headlines of H1

As new technologies emerge and consumer behavior changes, jewelry and watch brands have had to adapt their company-wide strategies to keep up with the shifting industry.

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Research

Luxury Daily releases 44-page State of Luxury 2019 report polling industry insiders FREE

This third annual State of Luxury: The Insider View report by Luxury Daily and Unity Marketing surveys 600-plus luxury insiders on their reasons for optimism and caution in 2019. Buy the 44-page exclusive research to arm yourself with invaluable intelligence, or get it free with an annual subscription to Luxury Daily.

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Strategy

Subscribe now: Full access to 80,000+ articles, reports, videos and images FREE

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

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News briefs

Richemont, Michael Kors, Gucci, Lladró, Maisonette and Lancôme – Live news

Luxury Daily's live news from July 18 - Double-digit growth in Asia helps drive Richemont’s Q1 sales; Michael Kors turns to Tmall for China reach; Gucci spreads mask message through runway-inspired collection; Lladró casts Star Wars characters in porcelain; Maisonette taps influential moms for baby registry launch; Lancôme sponsors date night for Makeup.com fan.

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News briefs

Hong Kong, Sotheby’s, yachts and Remy Cointreau – News briefs

Today in luxury - Pain from Hong Kong protests spreads as luxury brands get hit; Sotheby’s and Stadium Goods sell sneaker collection in private sale; Yacht owners ditch life on land for the high seas; Remy Cointreau confident on China after weak start of year.

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