| | Apparel and accessories Fashion sells dreams, not dresses: Paul Surridge | VENICE, Italy – Luxury fashion is missing an element of aspiration as it focuses on trying to speed up to meet demand for instant gratification, according to the creative director of Roberto Cavalli. Entire
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Retail In luxury, changing consumer habits are of paramount concern | VENICE, Italy – Of the many disruptions to the overall luxury business, none are more directly important than the changing ways that luxury consumers shop. Entire
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Apparel and accessories Rimowa CEO: Luxury needs to balance adaptation, staying true to roots | VENICE, Italy – According to the CEO of Rimowa, the term “luxury” is focused too much on price point, making “high-quality” a more accurate adjective. Entire
article | Marketing Luxury valuation is at peak, but investors must be wary of uncertainties | VENICE, Italy – Today’s luxury business is in a state of upheaval, but for investors, the market is ripe with opportunity. Entire
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Marketing Big ideas, not big budgets, make great luxury advertising: Giovanna Battaglia Engelbert | VENICE, Italy – Influencers are a major new factor in the world of luxury, but luxury brands need to understand that the number of followers an influencer has is less important than the makeup of that audience. 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 Stuart Weitzman, Sephora, Ferragamo, Jaguar Land Rover, Saks and Erdem Moralioglu – Live news | Luxury Daily's live news from May 22 - Stuart Weitzman lets creative director go, shortly after CEO; Sephora looks to build confidence in the transgender community; Ferragamo debuts first bag design under new creative director; Jaguar Land Rover pleads with British government for straight-forward emissions policy; Saks Fifth Avenue jewelry department joins beauty on second floor; Erdem Moralioglu: Not overextending key to growth. Entire
article | News briefs Barneys, Alibaba, BMW, Mercedes and luxury residences – News briefs | Today in luxury - Future of Barneys on Madison Avenue expected to be decided soon; Alibaba’s anti-counterfeiting efforts appear to pay off; BMW and Mercedes say thank you to Donald Trump; Five-star living: luxury branded residences are hot properties to own. Entire
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Q&A Price no longer major factor in how consumers define luxury: Souler cofounder | With influencers accounting for 10 percent of decisions about luxury purchases – per a Boston Consulting Group study with Italian luxury trade group Altagamma – and with this lever expected to grow, Driscoll Advisors principal Marie Driscoll goes to the source and speaks with Souler cofounder Andrea Tobin about this expanding new media and marketplace. Entire
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