Alternative materials – Luxury Memo special report
Luxury has traditionally been associated with specific naturally derived materials such as leather and diamonds, but technology and changing attitudes are paving the way for manmade alternatives.
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How is JD’s 618 Grand Promotion faring?
According to a JD.com press release, on the first day of the 618 Grand Promotion event, transaction volume increased 74 percent year-on-year, and sales of luxury products increased by 400 percent year-on-year. Meanwhile, 40 brands individually reached sales of RMB 100 million.
Can Amazon succeed in luxury?
Amazon has been clandestinely operating a luxury retail site called VRSNL since September.
Sales associate service still key differentiator for retailers
Almost three-quarters of consumers say that personalized service from frontline staff plays an integral role in shaping their decisions of which retailer to do business with, pointing to the continued importance of human help amid an increasingly independent retail environment.
Will protests cause more luxury brands to follow Louis Vuitton and reduce exposure to Hong Kong?
Hong Kong retailers are under siege as protests are increasingly targeting shopping areas and spreading to weekdays after the early days when they were limited to weekends.
6 key trends reinventing the luxury retail industry
Luxury companies are reassessing the value of brand history and heritage for their new consumers: millennials and Gen Z.
Regionally tailored approach needed in India’s rapidly growing fashion market
While India’s apparel and textile market is only fifth in the world by size, it is growing at a faster rate than the fashion and fabric businesses in China and the United States.
Safilo to cut 700 jobs, turn consumer-facing and digital as loss of $220M LVMH business stings
The 2020 reorganization is designed to make Safilo more focused on building a digitally oriented, direct-to-consumer business even as it seeks licenses to make eyeglasses, frames and sunglasses for leading luxury and premium brands.
Why luxury brands need to get personal with today’s digital natives
If the goal is long-term loyalty, how should luxury brands create end-to-end personalization throughout the customer journey in the online retail space?
Luxury Daily, October 14, 2019 – Louis Vuitton, Tiffany empower associates to streamline omnichannel experiences
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