The flailing euro, sluggish stock market and general economic malaise has made the luxury industry wary about whether or not the United States is headed for a double-dip recession.
Luxury brands such as Saks Fifth Avenue, Ralph Lauren, Elie Tahari and Domaine Chandon are standing up for their core consumers, not to mention driving sales, by supporting breast cancer research throughout the month of October.
London-based jewelry brand Astley Clarke has rolled out a new customization tool allowing consumers to create their own stacks of rings, share the creation with friends and then buy in one quick step.
Windstar Cruises is offering three new yacht cruising experiences into the French and Italian Rivieras in an attempt to woo a younger affluent audience to the brand’s travel experience offerings.
Jeweler Cartier is targeting brides-to-be with the release of its Cartier Bridal iPad and iPhone applications that allow consumers to search collections, find the nearest boutique and create their own ring.
A breakdown of how Brazilians spend their time while online using their mobile devices shows that most of the time is spent in social media platforms, followed by email, search and news.