Retailers are currently in the investment and adoption phase of the future of retail, a plateau on which practices and consumer behavior have yet to catch up with technology, according to a report by Walker Sands.
International tourism will grow 4.3 percent in 2016, with demand highest in Asia and North America, according to a Positive Luxury study on the state of travel.
Brands such as Chanel and Gucci showed how their offerings fit into W magazine’s coverage of “the people, the places, the parties” found in the June/July issue.
Although the art of purchasing via Apple Watch applications has not yet reached its zenith – with 24 percent of consumers wary of making impulse buys on the wearable – retailers can fuel sales by offering in-store shoppers easy access to coupons and loyalty programs, according to a GPShopper report.
Luxury Daily's live news from June 10 - Comité Colbert chooses Hermès exec as chairman; Cunard pairs with Aspinal of London on co-branded collection; Mercedes-Benz boasts top dealer service satisfaction among premium automakers; Luxury gets into the game with UEFA Euro 2016 efforts.
Today in luxury marketing - Gucci's British love affair continues; Anna Cleveland talks Moschino campaign; Burberry COO Smith to leave, heaping pressure on CEO Bailey; Men’s fashion hits $20B worth ahead of London Collections Men showcase.
A decade ago if you asked 100 luxury brands in a room for a show of hands as to how many had engaged in a strategic partnership or collaboration with a kindred-spirit luxury brand, you would be lucky to see five hands raised.
RSS
