The United Kingdom’s luxury market continues to show strong growth with 56 percent of brands adding to their workforce since 2014 and 75 percent expecting full-year sales to increase, according to a report by Wealth-X and Walpole.
Department store chain Saks Fifth Avenue is personalizing its online shopping experience to transfer the service received in-store to anywhere consumers wish to shop.
Please mark your calendar: Luxury Daily will host its Luxury Roundtable: Midyear Review 2016 conference in New York on Wednesday, May 4. Confirmed speakers include senior executives from Rolls-Royce Motor Cars, XOJet, Redfin and the Luxury Institute, among others.
The entire world is currently faced with an uncertain economy, but Brazil has been hit especially hard in recent years, according to a new report by Boston Consulting Group.
Hoping to better take advantage of mobile’s influence on in-store and online sales, 39 percent of retailers plan to allocate 50 percent or more of their marketing budget to mobile in 2016, according to a new report from RetailMeNot.
Luxury Daily's live news from March 4 - Manolo Blahnik launches creative collaboration with Rihanna; Four Seasons Maui improves on selfies with photo ambassador; Bentley champions intrepid adventurers for Bentayga-inspired scent; Acqua di Parma reveals passion for tradition through like-minded collaboration.
Today in luxury marketing - Moncler rises after skiwear maker's 2015 earnings beat estimates; 3 key ways luxury brands can fight China's online counterfeits; BMW sees radical new future in world of driverless cars; Luxury home sales in Vancouver, Toronto, to "continue to defy gravity," report says.
Luxury Daily is inviting opinion pieces on luxury advertising, marketing, media and retail issues that affect marketers as they run multichannel programs for branding as well as customer acquisition, retention and reactivation.