Luxury Daily, March 19, 2019 – Retailers leverage FOMO, customization for experiential push: Fashionbi
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Jimmy Choo tests fashion foothold with limited-edition
Capri Holdings’ Jimmy Choo is dipping its toe into apparel with little to no risk by focusing on selling streetwear online. But will the collection grow into something more sustainable for the brand?
Luxury Daily, March 14, 2019 – Luxury marketers can no longer view Chinese consumers as a monolith
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Luxury stocks grow as Chinese slowdown fears subside
After taking a hit due to worries that Chinese consumers would be cutting back on their spending, luxury share prices continued to rebound in February.
Chanel, McQueen, Luxottica and Aston Martin – News briefs
Today in luxury – Chanel bids farewell to Karl Lagerfeld in last glitzy show; Mastering the McQueen challenge: How to grow a young luxury business; Luxottica delists from Milan Stock Exchange; Aston Martin CEO says company, brand tied to UK regardless of Brexit.
Stella McCartney plants awareness for Indonesian forest
British fashion label Stella McCartney is mobilizing consumers to bring attention to the at-risk Leuser Ecosystem in Sumatra, Indonesia.
More women in decision-making fashion positions means more women fashion customers
The outsider status of women is particularly troubling in women’s fashion. Women make up half of the population, spend three times more on clothing than men and, at least, in the women’s fashion segment, account for virtually 100 percent of customers.
Changing consumers pushing luxury brands to innovate
The luxury business is not immune to disruptions, as emerging affluent consumers continue to embrace technology, social media and sustainability at rapid rates.
LVMH appeals to eco-conscious consumers with new sourcing standards
Luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton is introducing new requirements for its crocodilian leather sourcing, as the group continues its quest to be more transparent about animal welfare and other sustainability issues.
Italian brands contributing to revenues of French luxury groups: Mediobanca
Italy’s fashion sector is booming, but almost one-third of the country’s fashion sales are generated by brands owned by foreign shareholders.