LVMH adds to beauty portfolio with Maison Francis Kurkdjian acquisition
Conglomerate Moët Hennessy Louis Vuitton has acquired a majority stake in fragrance brand Maison Francis Kurkdjian.
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Jumeirah exchanges loyalty points for high-end goods
Jumeirah Hotels & Resorts has responded to guests’ hankering for options by expanding how loyalty points can be redeemed.
Luxury to benefit from developing city-level economies in Africa, Middle East
Political instability and evolving urban economies have propelled consumers into a landscape of uncertainty, making authenticity, convenience and experience all trends to watch, according to a new report from Euromonitor.
How emerging luxury brands can go-it-alone internationally
Up-and-coming luxury brands may feel the pressure to be snapped up by conglomerates to succeed overseas. But there is another way to expand.
Luxury Daily, January 27, 2017 – Luxury Women to Watch 2017
World’s leading luxury business publication January 27, 2017 Read more on luxurydaily.com | Subscribe Classic Guides Luxury Women to Watch 2017 Luxury Daily’s Luxury Women to Watch 2017 list celebrates the smart women who are expected to make a difference in the luxury business in 2017. Entire article Marketing Luxury rings in Chinese […]
Win customer loyalty through personalized interactions across purchase journey
Retailers often overestimate what is necessary to create a positive customer experience and drive loyalty, aiming for a deeper emotional connection than consumers expect, according to a new report from InMoment.
Bricks-and-mortar traditions must break to cater to digital-first consumers: Microsoft
NEW YORK – Luxury retailers must learn to shed their long-standing store operation strategies for one that incorporates digital and blurs offline and online to cater to the new consumer, says a Microsoft executive.
Luxury Daily, December 19, 2016 – Tiffany procures retail solutions for Trump Tower-related security measures
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Parisian retailers capture holiday sentiment to cull seasonal tourism
The Paris Convention and Visitors Bureau and department stores such as Printemps and Galeries Lafayette are wishing consumers a happy holiday at a time when tourism-related purchasing is down.
Why in-store mobile payments are still struggling
It has been a few years since mobile payments were introduced to the world, and while they have gained some popularity as an in-app and online shopping tool, recent data suggests in-store payments have not caught on quite they way they were expected to.