Luxury Daily, June 13, 2017 – Decrease in Chinese philanthropy among affluents could indicate tightened wallets in 2017
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| | Retail Decrease in Chinese philanthropy among affluents could indicate tightened wallets in 2017 | Overall donations to philanthropic efforts in China decreased this year by 45 percent, suggesting that wealthy Chinese customers may be feeling a bit more reticent with their cash. 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
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Apparel and accessories Prada casts from behind the camera for fall campaign | Prada is using its latest menswear campaign to turn the camera on a man who is typically behind it, making Spanish film director Pedro Almodóvar the star of its fall/winter 2017 menswear advertising effort. Entire
article | Automotive Land Rover brings Jaguars to Lyft’s fleet, suggesting luxury-ridesharing crossover | Ridesharing app Lyft has just secured a huge investment from Land Rover to the tune of $25 million, suggesting that the relationship between luxury automotive brands and popular ridesharing services could expand. Entire
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Research World settling into slower structural growth rate, albeit with challenges: Conference Board FREE | NEW YORK – The world seems to be getting more comfortable with a slower structural growth rate, although key challenges remain, according to the latest global outlook briefing by The Conference Board. Entire
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Strategy Call for nominations: Luxury Women to Watch 2018 FREE | While more women are entering senior and decision-making ranks at luxury marketers, more work needs to be done to attract them to key marketing, retail, media and digital positions in an industry that has shown its resilience in good times and bad. Entire
article | News briefs Fendi, Safilo, Lexus, Moynat, Shangri-La, real estate and Robb Report – Live news | Luxury Daily's live news from June 12 - Fendi embraces Chinese celebrity for Peekaboo Project; Safilo eyes Middle Eastern growth potential with local partnerships; Lexus drives brand awareness via US Open presence; Moynat honors founder’s spirit in traveling retrospective; Shangri-La taps Loews exec as president; New York’s new developments push increase in contracts signed: report; Robb Report explores pillars of menswear staple in Italian exhibit. Entire
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News briefs Versace, Patek Philippe, Belstaff and Tesla – News briefs | Today in luxury - Versace, Tisci deal hitting a snag?; The $1.6M question: Was this Patek watch meant for Putin?; Can a new creative director revive the Belstaff brand?; Tesla's real capacity problem: Too many people. Entire
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Columns Luxury market prospects for 2017? Keep your expectations low | The real problem in the United States luxury market currently is that luxury brands are simply out of touch with the evolving mindset and values of the American affluent consumers. Entire
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