Luxury Daily, June 27, 2018 – Independent luxury houses seek scale, growth via M&A
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| | Financial services Independent luxury houses seek scale, growth via M&A | In response to an increasingly competitive and expensive luxury business, a number of independent luxury houses have sought outside capital through acquisitions or investments. Entire
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Apparel and accessories Tod’s taps WeChat’s ecommerce capabilities to launch influencer collection | Italian fashion label Tod’s is partnering with Chinese social network WeChat and influencer Mr. Bags for a new digital pop-up shop. Entire
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Retail In-person experiences, services keep shoppers coming back FREE | While consumers consider retailers’ ecommerce convenience when choosing where to shop, physical experiences and amenities remain a key loyalty driver. Entire
article | Apparel and accessories Tamara Mellon takes to Instagram TV for new footwear campaign | Fashion label Tamara Mellon is capitalizing on female empowerment for a new marketing campaign promoting its footwear. Entire
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Real Estate $3M mansion up for grabs in global contest | As high-end homeowners embrace alternative sales methods, one couple is making their British country mansion the grand prize in what is reportedly the first global luxury house competition. Entire
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Automotive Slow progress on Brexit negotiations could stall UK auto’s growth | Automakers throughout the United Kingdom are concerned over the progress of Brexit negotiations, fearing that a stalling-out of the talks could reverse the progress the industry has made. Entire
article | Strategy Call for nominations: Luxury Women to Watch 2019 FREE | Even as more women ascend the decision-making ranks at luxury marketers, work needs to be done to attract them to C-suite and key marketing, retail, media and digital positions in a business that shows resilience and long-term focus in good times and bad. 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
article | 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 Bergdorf Goodman, Marriott, MadaLuxe, Knight Frank, YouTube and Audemars Piguet – Live news | Luxury Daily's live news from June 26 - Marriott sees worker strikes across the US; MadaLuxe invests to be closer to New York brands, retailers; Knight Frank touts private island listing in the Bahamas; YouTube hires fashion journalist Derek Blasberg; Audemars Piguet captures golf enthusiasts’ attention via new social forum. Entire
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News briefs Salvatore Ferragamo, menswear, Rolls-Royce and Spotify – News briefs | Today in luxury - Antonio Burrello exits Salvatore Ferragamo; Menswear in vogue for luxury brands with designs on growth; Rolls-Royce and Mini plants may shut after hard Brexit; Spotify hires Condé Nast executive Dawn Ostroff to manage content. Entire
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Columns Dangers of password-based loyalty programs | Attacks on loyalty programs are on the rise and it is concerning to retailers since they bear the costs of fraud in the form of lost dollars and trust. Entire
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