Gucci notes Web traffic, organic search gains in 2017
Kering-owned fashion house Gucci had a banner year in 2017 due to increased traffic and engagement rates online.
Kering-owned fashion house Gucci had a banner year in 2017 due to increased traffic and engagement rates online.
As China’s share of global high-net-worth individuals grows, the country’s wealthy elites increasingly believe that in the next 10 years it will overshadow the United States as the country with the most ultra-affluent consumers.
From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends.
From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends.
Despite LVMH Moët Hennessy Louis Vuitton’s cautionary approach toward the end of 2017, the luxury conglomerate closed out the year with double-digit revenue growth.
From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends.
French fashion label Balmain is responding to demand for more red carpet styles with a new line.
Swiss luxury conglomerate Richemont’s intention to acquire the remaining Yoox Net-A-Porter Group shares it does not hold should serve as a wakeup call for other holding groups who have yet to establish a multi-brand ecommerce platform.
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In a world where facts and figures are increasingly called into question, luxury brands will need to lead with emotion and values rather than rationality to succeed.