| | Marketing Gen Z, millennials three times more likely to spend on luxuries than older counterparts: report  |  Younger generations are feeling more comfortable splurging than their older counterparts, according to a new report from business technology corporation Scorpion. Entire
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| Classic Guides Announcing Luxury Women to Watch 2023 FREE |  Luxury Daily's Luxury Women to Watch 2023 honors include some of the smartest women in the business. See who is on the honors list and what their plans are for the year ahead as luxury undergoes changes in consumer behavior and business models. Entire
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| Food and beverage Hennessy presents Paradis x NBA decanter in honor of league’s 75th anniversary FREE |  LVMH-owned Cognac brand Hennessy U.S. is once again shooting from the three-point line, crafting a basketball-shaped decanter in honor of the NBA’s 75th anniversary. Entire
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 | Marketing Authenticity, human-centricity and net-positivity: Learnings from the 1st Pepperdine Disruptive Luxury Symposium |  The traditional focus on craftsmanship, heritage and exceptional design has become a minimum expectation — it is not a differentiator anymore. To gain competitive advantage, brands have to shift dramatically. Entire
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| Strategy Subscribe now: Full access to 90,000+ articles, reports, videos and images FREE |  We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies. Entire
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| News briefs Four Seasons, Chanel, Lanvin, Mercedes-Benz, Ritz-Carlton and Luxury Women to Watch 2023 |  Luxury Daily's live news: Four Seasons supports strategic shifts with new CEO; Chanel, Pharrell Williams announce partnership, extend support to Black and Latinx entrepreneurs; Lanvin Group valuation, down $250 million, contends with exceptionally high H1 earnings; Mercedes-Benz imbues fleet with immersive audio feature; Ritz-Carlton kicks off first superyacht excursion; Luxury Daily's Women to Watch 2023 live. Entire
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| Government Retail takeaways from China’s 20th National Congress opening day |  China's President Xi Jingping noted the critical importance of common prosperity, highlighting the necessity of “raising the income of those with low income, expanding the size of those with middle-level income, and regulating the order of income distribution and the mechanism of wealth accumulation.” Entire
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