| | Marketing Millennials to inherit $68tn, will spend on values | By the year 2030, millennials are expected to have five times the amount of wealth as they do now. But philanthropy will be a significant part of their expenditure, as this generation is showing an early interest in giving. Entire
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Legal and privacy Must-know basics of copyright law for the luxury business | Copyrights arise immediately upon creation. They are relatively inexpensive to secure through registration, and they last a long time – sometimes more than 100 years. Entire
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Webinars Webinar on June 12: “Automotive: Consumers Truly in Driver’s Seat” FREE | Register now for this free hour-long webinar June 12 at noon ET (New York) on how the automotive business is bracing for a tech-driven future that promises innovation and disruption in equal measures. Experts weigh in and offer insight, analysis and examples. Entire
article | Retail Imposed tariffs could result in inflation, affecting luxury goods FREE | Luxury consumption and the broader retail business in the United States are in for another shakeup, as the current White House administration plans to roll out even greater tariffs on Chinese imports. Entire
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Travel and hospitality Luxury hotel industry becomes more competitive with Langham rebranding | Hong Kong-based Langham Hospitality Group is the latest hotel brand to undergo a repositioning, as the chain hopes to modernize its luxury status amid shifts in the high-end travel industry. 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 Capri, Gucci, Flexjet, Tapestry, WWD and Savoir – Live news | Luxury Daily's live news from May 29 - Capri Holdings’ revenues rise 11pc in 2019 fiscal year; Gucci taps Harry Styles as face of unisex fragrance; Flexjet launches fractional ownership model for longer trips; Tapestry hires chief operations officer from VF Corporation; WWD extends B2B brand to China; Savoir simplifies in rebranding. Entire
article | News briefs Secondhand luxury, cruise ships, Chinese tourists and Porsche – News briefs | Today in luxury - Some luxury brands look frayed secondhand; Are luxury cruise ships the new retirement homes?; Chinese tourism to US drops for first time in 15 years; Porsche CEO's office raided by German prosecutors. Entire
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