| | Retail Strong storytelling key for digital, physical spaces | NEW YORK – As more affluent consumers embrace ecommerce, luxury brands need to craft valuable experiences that exist both online and offline. Entire
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Fragrance and personal care Chinese beauty buyers show growing interest in niche labels | While blockbuster beauty brands have strong awareness and trust in the Chinese market, consumers are increasingly interested in trying lesser-known labels. Entire
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Financial services Economic upheaval likely looms as global growth slows | MADRID – Despite a strong global economy, political developments and population changes are likely to put pressure on many countries’ resources. Entire
article | Food and beverage Global wine market sees shifts in production, consumption | MADRID – Investments in high-end wine may not be as lucrative as they once were, but the beverage industry remains a low-risk avenue for affluents to begin experimenting with investing. Entire
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Research Luxury Daily releases 44-page State of Luxury 2019 report polling industry insiders FREE | This third annual State of Luxury: The Insider View report by Luxury Daily and Unity Marketing surveys 600-plus luxury insiders on their reasons for optimism and caution in 2019. Buy the 44-page exclusive research to arm yourself with invaluable intelligence, or get it free with an annual subscription to Luxury Daily. Entire
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Strategy Subscribe now: Full access to 80,000+ articles, reports, videos and images FREE | Stay abreast of the latest news, analysis, research and developments in the fast-evolving luxury business worldwide. Access more than 80,000 articles, reports, videos and images from Luxury Daily, the world's leading luxury business publication. Check out the monthly and annual subscription plans and gain full access to must-have luxury intelligence. Entire
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News briefs Mercedes, Prada, Franck Muller, Nordstrom, Cunard and Loro Piana – Live news | Luxury Daily's live news from May 22 - Mercedes inspires girls to be anything they want; Movement to ban fur grows stronger with Prada; Franck Muller designs “first ever functional” bitcoin timepiece; Nordstrom highlights children’s wear with Maisonette; Cunard reveals Alaskan itineraries, Glacial Bay trips; Reverence for beauty, nature central to Loro Piana DNA. Entire
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News briefs LVMH, Nordstrom, Tesla, Bergdorf Goodman – News briefs | Today in luxury - LVMH takes majority stake in Repossi; Nordstrom’s shares slide on poor Q1 results; Tesla insider stock sales are on pace to eclipse 2013 peak; Bergdorf Goodman’s new breakfast series is all about empowering women. Entire
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