Luxury Daily, March 23, 2018 – Premium stores see biggest bump from divided retail environment
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Yoox Net-A-Porter sees significant growth led by new projects, international expansion
Yoox Net-A-Porter Group has released its yearly earnings report for 2017, revealing more than $2 billion in revenue driven by exclusive collections and further growth in the Middle East and Dubai.
Bovet strengthens US presence with two new hires
Swiss watchmaker Bovet is starting the new year off with two new hires for its United States operations, signaling the brand’s commitment to developing its presence in North America.
Luxury retooled Chinese ecommerce strategy in 2017
Throughout 2017, Chinese digital retailers have implemented bullish strategies that dominated ecommerce and successfully captured the attention of luxury brands looking to build awareness in China through online efforts.
Burberry turns brand ambassador Kris Wu into co-designer
British fashion label Burberry is translating its mutual admiration with Chinese Canadian musician Kris Wu into a design partnership.
CSR and sustainability: Luxury Memo special report
Ethical and purpose-based business practices are quickly becoming brand identifiers, on par with quality, craftsmanship and service, as luxury buyers turn increasingly conscious of their environmental footprint.
CSR and sustainability: Luxury Memo special report
Ethical and purpose-based business practices are quickly becoming brand identifiers, on par with quality, craftsmanship and service, as luxury buyers turn increasingly conscious of their environmental footprint.
YNAP net revenues up 17.7pc for Q3 2017
Online retail’s Yoox Net-A-Porter Group has recorded solid organic growth in the third quarter of 2017, with net revenues totaling 481.8 million euros, or $557.7 million at current exchange rates.
Entertainment marketing – Luxury Memo special report
While luxury brands have long had relationships with the fields of theater, dance, film, music and literature, now they are taking on more active roles in the entertainment industry, raising their profile from partner to producer.
Entertainment marketing – Luxury Memo special report
While luxury brands have long had relationships with the fields of theater, dance, film, music and literature, now they are taking on more active roles in the entertainment industry, raising their profile from partner to producer.