Luxury brands have wealth of opportunities as UHNWI successfully manage crisis
NEW YORK – As the coronavirus pandemic recovery continues, there is a growing population of high-net-worth individuals that luxury brands can engage with in the future.
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Gucci partners with The RealReal to sell pre-owned pieces online
Resale platform The RealReal has partnered with Gucci to set up an online shop featuring pre-owned Gucci pieces from past collections until the end of 2020.
Real estate trends do not spell the end of cities after lockdowns: Knight Frank
NEW YORK – The death of city centers has been greatly exaggerated, though urbanities will have to adapt after the coronavirus pandemic has upended lifestyles.
Digitization essential for luxury brands to prevent supply chain, overstock issues
With retailers and brands hoping to start the holiday shopping season early, many continue to face challenges with excess inventory after the coronavirus pandemic led to lockdowns and dramatic sales drops.
What does LVMH and Tiffany’s battle mean for the luxury industry?
The tussle between the two companies is just one of a series of abandoned transactions in the midst of the global COVID-19 pandemic, albeit, one of the most high profile.
Luxury recovery in China likely to determine industry trajectory in coming years
NEW YORK – Cautious optimism for slow growth in the luxury industry during 2020 was quickly extinguished by the rapid spread of the coronavirus, with the repercussions reverberating for years to come.
Luxury flagships will remain key for brands to connect with consumers
NEW YORK – While the coronavirus pandemic brought physical shopping to a halt at upscale corridors around the world, there is now an opportunity for luxury brands to reevaluate their flagship stores.
Luxury Daily, Sept. 22, 2020 – Net-A-Porter spotlights sustainable brands with latest Vanguard selections
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Luxury Daily, Sept. 21, 2020 – Bond actor Ana de Arnas stars in Natural Diamond Council campaign
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Podcast: Luxury Daily’s editor on the future of luxury
On the latest Luxury Item podcast, host Scott Kerr is joined by Luxury Daily editor in chief Mickey Alam Khan to share his thoughts on how luxury brands can successfully respond to industry changes, and recalibrate their business in a post-COVID-19 world.