Do luxury brands really know the Chinese customer, or do they simply view them as walking dollar signs? The numbers are eye-popping, with Chinese accounting for 32 percent of the $319.6 billion spent on luxury goods worldwide and only 10 percent of those sales occurring in China.
The Madison Avenue Business Improvement District is aiming to make Chinese shoppers feel more welcome at its retailers through the use of mobile technology.
NEW YORK – Adding a new layer to the overlap between the fashion and art worlds, the Madison Avenue Business Improvement District is bringing an accessories-focused showcase to its high street.
The Madison Avenue Business Improvement District is teaming up with Hearst’s Marie Claire magazine for a celebration of the connection between fashion and art.
Luxury Daily’s live news from Sept. 21 – Jean-Claude Biver steps down as head of LVMH watch division; Farfetch sets share price for IPO; Michael Kors taps former Zegna exec as men’s president; Swiss watch exports up 6pc in August; AR beauty app brings cryptocurrency to more women; ABT brings ballet to Madison Avenue boutiques.
Luxury Daily’s live news from Sept. 21 – Jean-Claude Biver steps down as head of LVMH watch division; Farfetch sets share price for IPO; Michael Kors taps former Zegna exec as men’s president; Swiss watch exports up 6pc in August; AR beauty app brings cryptocurrency to more women; ABT brings ballet to Madison Avenue boutiques.
The Madison Avenue Business Improvement District is teaming with American Ballet Theatre for a weeklong dance celebration.
This year’s Madison Avenue Watch Week includes some of the biggest names in luxury watches from across the world.
Ghurka and Stella McCartney are among the new brands to call Madison Avenue in New York home with store openings during the second half of 2017.
Luxury Daily’s live news from Oct. 24 – Madison Avenue BID hosts one-off shopping event, art installation; Net-A-Porter, Mr Porter revel in the holiday spirit for gifting campaign; Nordstrom encourages consumers to clean out closets via seamless donations; Condé Nast nixes relationship with Terry Richardson; HBC sells off Lord & Taylor building to make way for co-working space; Kering confident in record-breaking year based on Q3 2017 results.
