Cities of luxury: Dubai – Luxury Memo special report
As the business hub of the Middle East and one of the world’s wealthiest cities, Dubai has attracted its fair share of affluents and luxury brands.
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What is up with affluent Shanghai women consumers six months on?
Affluent women in Shanghai are finding that life is slowly going back to normal after the coronavirus hit last January. This hints at a new normal that includes socializing with friends and even going to Disneyland.
Why are top luxury brands flocking to WeChat Channels?
A relatively new player on the short videos market, WeChat Channels lacks high traffic existing players such as Douyin have built up over the years. So why are luxury brands are still making the budding platform a part of their WeChat strategy?
How to build an “It’ bag in China with Mr. Bags
Liang Tao created an entirely new content style in China by analyzing the prices, collection values and styles of luxury bags while providing practical tips to millions.
Franco-American tussle over taxes adds wrinkle for luxury recovery
The United States has announced plans to add an import tax to French beauty and luxury goods as part of its ongoing disagreement with France after the Gallic nation threatened U.S. tech companies with a digital services levy. The timing could not be worse.
Why digital mastery is the only option for today’s luxury brands
It is no longer just about going through a digital transformation – that was years ago. Today, the focus must be on digital mastery.
Luxury Daily, July 10, 2020 – Global wealthy begin shift to sustainable investing with pandemic overhang
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Can COVID-19 cool off China’s scalding sneaker market?
Two popular Chinese marketplaces specializing in the resale of sneakers, Nice and Poizon, both list the price for a pair of Dior x Air Jordan 1 High OG sneakers at a whopping $14,123 (RMB 99,999). That is quite a jump from the Dior WeChat boutique’s initial price of $2,563 (RMB 18,000).
Luxury Daily, July 8, 2020 – CMOs remain optimistic about post-COVID-19 marketing budgets
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US luxury is well positioned to recover post-crisis: Coresight
The rapid rebound of the Chinese luxury shopper may well be repeated in the United States, barring further waves of the COVID-19 coronavirus that force re-closures and the implementation of quarantine measures.