Luxury Daily, May 17, 2018 – Billionaire population reached record high in 2017
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| | Financial services Billionaire population reached record high in 2017 | In 2017 the number of billionaires and their wealth grew at a faster rate than the overall ultra-high-net-worth population. Entire
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Jewelry Richemont looks to future with accessible, sustainable watch label | Luxury conglomerate Richemont is preparing for the future with a new brand as the heritage Swiss watch industry remains turbulent. Entire
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Marketing Gen Z looks for shared values in purchasing decisions FREE | While many question whether brands should comment on social or political issues, research shows that for Generation Z, social justice is the way to their hearts. Entire
article | Retail Selfridges invests in art via contemporary commissions | British department store chain Selfridges is turning part of its flagship location into a permanent gallery, mixing shopping and the arts. 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 Kering, Montblanc, Mulberry, Burberry, Estée Lauder and Reebonz – Live news | Luxury Daily's live news from May 16 – Kering officially parts with Puma in effort to focus on luxury; Montblanc opens 2 new boutiques in India; Mulberry makes comparison between country house, contemporary artist; Burberry sees profit growth in midst of leadership changes; Estée Lauder gets new public face with model Grace Elizabeth; Reebonz brings mid-season luxury sale to South Asian audience. Entire
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News briefs The RealReal, streetwear, French luxury and model advocacy – News briefs | Today in luxury – The RealReal’s radical vision of secondhand luxury; The new luxury: How streetwear changes everything; Luxury stocks are reshaping France's CAC 40; Karen Elson, Doutzen Kroes, Edie Campbell among 100 models launching "Respect" program. Entire
article | Arts and entertainment 23rd Annual American Art Conference May 18-19 focuses on multiple modernities FREE | Initiatives in Art and Culture will host the 23rd annual edition of its American Art Conference in New York on May 18-19, with the theme of “Multiple Modernities in American Art.” Entire
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