Monobrand stores – Luxury Memo special report
As ecommerce becomes a greater part of the luxury retail ecosystem, the monobrand boutique’s role is evolving.
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Personalization, privacy to play bigger role in luxury evolution
NEW YORK – Personal perspectives give luxury leaders insights into how the industry will change as technology disrupts traditional business models and indulgences become more personal and emotional.
Coty focuses on luxury moving forward following earnings results
Despite buzz around luxury beauty, cosmetics maker Coty Inc. has reported lower-than-expected sales with a drop of 10 percent year-over-year in this year’s third quarter.
Retailers are learning to tap technology for bricks-and-mortar loyalty
As both luxury and mass-market shoppers seek greater omnichannel experiences that enhance their customer journey, retailers that are not using location data are falling exceptionally behind.
Luxury Daily, April 30, 2019 – Luxury labels invest in influencer marketing with bigger budgets
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Majority stake in Coty goes to long-time investor
Beauty group Coty has seen the majority of its shares go to JAB Holdings after the former agreed to an offer.
Outdated POS poses challenge for omnichannel retail: BRP
According to new research, almost all consumers consider the ease of a retailer’s checkout process when choosing where to shop, pointing to the importance of having up-to-date point-of-sale (POS) systems in place at bricks-and-mortar stores.
Outlets: Fashion dreamlands or nightmares?
Only the smartest high-end fashion brands can succeed in selling high volumes of expensive merchandise. And even those that are successful are only profitable thanks to their plan B: outlets stores offering discounted prices.
Brands must find new services to deliver: Forrester
NEW YORK – Marketing products and core values are not enough for modern brands to stand out, as consumers increasingly turn to labels that provide thoughtful experiences.
Top 10 mobile efforts of Q1
Content continues to be a predominant theme in mobile marketing, as brands develop music, podcasts and editorial guides designed to engage consumers on the smallest devices.