Luxury Daily, April 4, 2017 – Travelers from Southeast Asia drive majority of luxury growth: report
A new report from L2 is showing that between standard luxury and ultra-luxury auto brands, there is a substantial gap in digital offerings with the latter falling increasingly behind.
The automotive show is making a comeback in a big way now that millennials are increasing their participation, causing a 57 percent rise in attendance within four years, according to a new report by Foresight Research.
Luxury Daily’s live news from March 27 – Consumers seeing more value in pre-owned luxury: Reebonz CEO; Burberry gets back to beauty basics with “effortless” collection; Aventura Mall makes room for hospitality in expansion; Regent hops aboard wellness travel trend with Mediterranean program; Damiani makes case for continued Italian jewelry production in Milanese exhibition.
The buy-and-sell market for auto dealerships has been slow these past few years, but 2017 is poised to see an exponential increase, while Mercedes-Benz is one of the most sought-after for dealership purchases.
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Toyota Motor Corp.’s Lexus is expanding further into the Asian market with a first-time presence in a potentially lucrative region as it competes against Germany’s Mercedes-Benz and BMW.
Swiss watchmaker Zenith is making it easier for Baselworld attendees to get from point A to point B as the horology industry transcends on Basel, Switzerland March 23-30.
French house Chanel is painting its Coco Mademoiselle fragrance in a mysterious light through an interactive Instagram campaign that resembles a scavenger hunt.
With the growth of digital assistants such as Amazon’s Alexa and Google Home expecting to reach more than 1.8 billion consumers by 2021, the luxury landscape is open for a multitude of capabilities by integrating with this technology, illustrated in a new report from iProspect and Bing.