YouTube is critical for increasing long-term brand value: Launchmetrics
In an evolving technological age, the fashion industry has quickly pivoted to meet digital expectations and engage consumers where they are: social channels.
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Government crackdowns, Evergrande and COVID-19 dampen luxury boom
It is China, the world’s leading growth market for luxury, that has spooked investors, with September bringing a slew of threats after August’s Common Prosperity push and a broader crackdown on Chinese tech companies.
Day’s wrap: LVMH, Salvatore Ferragamo, Porsche and The Macallan
Luxury Daily’s live news: LVMH’s fashion and leather goods category achieves record revenue; Ferragamo names Barney’s alum Daniella Vitale as CEO North America; Porsche Design announces new luxury hotel brand; The Macallan brings together chocolate and whisky in new release.
Ferragamo names Barney’s alum Daniella Vitale as CEO North America
Italy’s Salvatore Ferragamo Group has named two luxury industry veterans to its management structure, focusing attention in two key markets.
LVMH’s fashion and leather goods category achieves record revenue
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton saw its third quarter 2021 revenues grow 20 percent year-over-year on an organic basis, continuing its growth trajectory.
Luxury Daily, Oct. 12, 2021 – Sustainability needs to be inclusive, cross-functional: Burberry exec
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To reach Chinese big spenders, luxury brands should open their vaults
Crimped by the government’s ongoing war on celebrities and the “fan economy,” a (hopefully short-term) spending slowdown, and a growing crop of up-and-coming local brands, 2022 is shaping up to be a complicated year for luxury brands in China.
How LVMH dominated luxury and where the “Bling Supremacy” goes next
Indeed, the only element of guidance the group has ever offered is its commitment to taking market share.
What is behind China’s luxury shopping slowdown?
Beauty and cosmetics are particularly sensitive to the changing attitudes of Chinese consumers.
Key lessons from China brand failures
The reality is that numerous fashion, premium and luxury brands have failed in this mega-market.