Luxury Daily, June 15, 2018 – Young HNWIs in US put values over value
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| | Financial services Young HNWIs in US put values over value | Luxury brands need to consider their social and environmental impact, not only for their own values but to attract affluents who are more concerned with social contributions in terms of legacy. Entire
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Retail Vip.com courts US labels as Chinese ecommerce market accelerates | NEW YORK – Chinese ecommerce site Vip.com is making a push in the United States as it aims to almost triple its sales of U.S. brands by 2020. Entire
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Fragrance and personal care Chanel ushers in mass-marketed 3D-printed mascara | French fashion label Chanel is bringing high-tech solutions into makeup design to better facilitate personalization and precision as 3D printing proves to be a growing tool in luxury. Entire
article | Automotive Jaguar Land Rover joins growing luxury car subscription market | British automaker Jaguar Land Rover is the latest luxury car brand to launch an all-inclusive car subscription service to keep up with evolving consumer demands. Entire
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Retail Alibaba’s investment in logistics could see different future for delivery FREE | Chinese ecommerce giant Alibaba is investing in logistics services that could drastically alter luxury goods delivery, as mailing service in China gets exponentially busier and shipping in the United States lags. 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
article | 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 Dries Van Noten, Porsche, Jaguar, Pucci, Rolls-Royce, Jaeger-LeCoultre and L’Oreal – Live news | Luxury Daily's live news from June 14 - Dries Van Noten acquired by Spanish group Puig; Porsche seeks to define Taycan’s soul in electric teaser; Jaguar recruits Jose Mourinho for soccer-themed campaign; Bonaveri, Pucci collaborate on joint exhibition in Florence; Rolls-Royce Motor Cars clarifies: No layoffs or cost-cutting; Jaeger-LeCoultre offers charitable auction and watch exhibit at Shanghai Film Festival; L’Oreal partners with Isabel Marant for exclusive cosmetics collection. Entire
article | News briefs Bottega Veneta, Royal Caribbean, kid-friendly kitchens and Leica – News briefs | Today in luxury - Next for Bottega? Philo, Green seen as contenders; Royal Caribbean to take majority stake in luxury line Silversea Cruises; The rise of the child-friendly luxury kitchen; Leica puts fancy watches in focus -- for $12K and up. Entire
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Food and beverage Moët & Chandon toasts Sub-Saharan and East Africa for Champagne growth | Sub-Saharan and East Africa are turning into important markets for Moët & Chandon to market its Champagne line to the affluent and emerging rich as the region's economy booms. Entire
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