Luxury Daily, April 19, 2019 – Collaborations capturing attention of younger luxury buyers
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As consumers grow more comfortable buying luxury timepieces online, brands are catching up to shoppers’ ecommerce interest with direct-operated digital buying experiences.
Rates of fraud on jewelry and luxury goods were up nearly 20 percent in 2018, as the high sticker value on these items makes these illegal activities more lucrative.
NEW YORK – The idea of luxury has become more accessible to the mainstream consumer, with everyone believing they can live like a celebrity today. But true luxury still relies on taste that can span generations, and Hearst’s Town & Country magazine focuses on creating a quality product that reflects that idea.
Italian fashion label Missoni is moving its Madison Avenue store south.
After years of hesitation, jewelry and watch brands embraced innovative digital selling tactics throughout 2018.
Department store chain Nordstrom is Luxury Daily’s 2018 Retailer of the Year for its innovative retail concepts and ability to evolve with consumers’ shifting values.
Farfetch founder/CEO José Neves is Luxury Daily’s 2018 Luxury Personality of the Year for his forward-thinking approach to high-end retail that has brought new categories and companies into the digital age.
HONG KONG – As consumers of luxury goods change their shopping habits, sales of high-end fashion are primed for steady growth as retailers continue to embrace ecommerce.