The in-store experience has traditionally been central to the luxury shopping journey, but threats such as falling foot traffic and changing consumer behavior are eroding bricks-and-mortar retail’s position.
The in-store experience has traditionally been central to the luxury shopping journey, but threats such as falling foot traffic and changing consumer behavior are eroding bricks-and-mortar retail’s position.
Ahead of Lunar New Year on Jan. 28, luxury retailers are looking to woo Chinese travelers with culturally-inspired campaigns and specially designed collections.
NEW YORK – JGA’s chairman noted that the way millennial and Gen Z consumers grew up has shifted their thoughts on luxury, making experiences, uniqueness and transparency more important than it was for past generations.
U.S. fashion label Ralph Lauren is expanding its hospitality portfolio with the opening of its first eatery in London.
Luxury Daily’s live news from Nov. 10 – Burberry honors British craftsmanship via in-store programs; Ralph Lauren upholds confidence in Way Forward plan for Q2; Armani likens lip product’s long-lasting qualities to magnetism; Asprey goes by locomotive to tout product offerings ahead of holiday gifting.
British fashion house Burberry is continuing its commitment to craft by extending its collaborative efforts with The New Craftsman to its all-day cafe, Thomas’s.
NEW YORK – Across all regions, luxury ecommerce is growing at a faster rate than total sales, according to a senior analyst from Euromonitor International speaking at Luxury Interactive 2016 on Oct. 19.
Luxury retailers and brands are having trouble keeping up with millennials’ demand for instant-gratification brought on by digital advancements.
British apparel and accessories label Burberry is promoting its first full, direct-to-consumer runway presentation with consumer activation touchpoints found across social media channels.
