| | Government Trump’s G7 recusal puts further strain on luxury trade partners  |  The G7 Summit is traditionally a time for leaders of nations to come together and discuss mutually beneficial agreements, but this year’s event went in a considerably different direction. Entire
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| Retail Try-before-you-buy services could shift spending online |  Three-quarters of consumers are interested in being able to see and try on merchandise before making a payment, according to a new report from Klarna. Entire
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| Arts and entertainment Art Basel highlights intersections of art with luxury, technology |  As the art world descends on Basel, Switzerland for Art Basel, luxury brands are getting in on the action. Entire
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 | Marketing Facebook to crack down on brands with poor customer reviews FREE |  After the backlash Facebook has faced for its plethora of issues, from data breaches to accusations of lax moderation of advertising and ecommerce, the social network has announced it will begin cracking down on vendors with subpar business models on its platform. Entire
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| Travel and hospitality Waldorf Astoria’s new digital campaign is inspired by consumer data |  Hilton’s Waldorf Astoria Hotels & Resorts has launched its first digital-led campaign motivated by consumer insight data as rapidly-changing luxury travel trends shift how travel brands need to cater to affluent guests. Entire
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| Financial services Young investors far more environmentally, socially conscious than older counterparts |  Young high-net-worth individuals differ from their older counterparts in key ways, from a greater emphasis on international holdings to placing less of an importance on financial education. Entire
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 | Research 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
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| Classic Guides The China Report: Innovation in Luxury |  This special report, in collaboration with Jing Daily, is a gift from Luxury Daily to its loyal paid subscribers for their continuing support. China is the beating heart of the global luxury market. Most luxury marketers have their eyes and ears tuned to the likes and evolving tastes of Chinese customers buying luxury goods and services domestically and overseas. Here is a thorough examination of the state of innovation in China's luxury market. Entire
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 | News briefs Hennessy, Rimowa, Fendi, Bottega Veneta, WSJ, Toyota and Chanel – Live news |  Luxury Daily's live news from June 13 - Hennessy rolls out eighth artist collaboration with limited-edition bottle; Rimowa, Fendi build on previous relationship with new luggage flair; Bottega Veneta parts ways with Tomas Maier; Wall Street Journal’s new brand council to tackle digital metrics’ credibility; Toyota invests in the future via ride-sharing app; Chanel opens rooftop game club to promote Rouge Coco. Entire
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| News briefs Tesla, influencers, J. Mendel and Mulberry – News briefs |  Today in luxury - Tesla is coming to its financial senses. That has its own risks; Instagram’s wannabe-stars are driving luxury hotels crazy; J.Mendel in court again over unpaid bills; Weak British market drags on handbag maker Mulberry's sales. Entire
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| Retail Great store experiences defined by 5 senses: Wharton’s Barbara E. Kahn |  Barbara E. Kahn is the Patty and Jay H. Baker professor of marketing at the University of Pennsylvania’s Wharton School and author of a newly published book, The Shopping Revolution: How Successful Retailers Win Customers in an Era of Endless Disruption. Entire
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