Market researcher Euromonitor focuses on cross-industry themes to help marketers adapt to a new business landscape where per-capita global consumer expenditure is expected to drop by nearly 5 percent.
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More than three years since the United Kingdom voted to leave the European Union, the nation has officially made its exit. However, uncertainty still surrounds the break up.
Consumers are increasingly looking online for luxury beauty products in a category that was once challenged by digital sales because of difficulty testing new products virtually.
While the COVID-19 crisis has slashed profits for most brands, the luxury industry remains hopeful that Chinese consumers will return to previous levels of consumption after the outbreak ends. This assumption, however, is questionable.
Rather than relying on governmental regulations alone to combat climate change, companies should get involved and go beyond these guidelines in part because it is financially sound, according to a new report from Positive Luxury.
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Luxury Daily’s live news from Jan. 14 – Urus SUV propels 2019 Lamborghini sales numbers to historic highs; Top 10 global consumer trends for 2020: Euromonitor; Google disrupts advertising with decision to phase out third-party cookies on Chrome in 2 years; End of the road for Bentley’s legendary Mulsanne limousine as British automaker goes green; Tiffany Flagship Next Door store opens in New York as original location begins rehab.
Luxury Daily’s live news from Jan. 14 – Urus SUV propels 2019 Lamborghini sales numbers to historic highs; Top 10 global consumer trends for 2020: Euromonitor; Google disrupts advertising with decision to phase out third-party cookies on Chrome in 2 years; End of the road for Bentley’s legendary Mulsanne limousine as British automaker goes green; Tiffany Flagship Next Door store opens in New York as original location begins rehab.
