European debt crises, shaky stock markets and a worldwide slump in consumer confidence have all plagued the third quarter, but luxury marketers have been showing impressive results during this time. Is the luxury industry resistant to the world's economic struggles?
Italian label Gucci is continuing its participation in the United Nations Children's Fund’s holiday Gifts That Give Back program through a $250,000 donation and a specially-designed bag.
The current economy combined with emerging luxury markets have led to shifts in the affluent consumer demographic, desires, passions and spending habits. These changes and how they should be handled will be discussed at the Luxury Briefing Wealth Summit 2011.
Audi is speeding into photography with a new Instagram photo application account that will display new and vintage pictures from the brand to increase the German automaker’s mobile presence and social media network.
Aston Martin is partnering with J. P. Morgan Chase’s auto finance division to finance the British automaker’s first U.S. retail subvention program, offering easy financing and interest rates in 32 dealerships nationwide.
The global SMS market is expected to grow from $150 billion in 2009 to $233 billion by the end of 2014, per Portio Research. But it is also key to note that SMS is growing far beyond the simple text message.
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