Luxury Daily, Feb. 9, 2021 – What changes at Amazon mean for luxury ecommerce
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Neiman Marcus looks forward with merchandising, personnel advancements
U.S. retail company Neiman Marcus Group is reshaping the luxury customer experience with advances in digital, merchandising and supply chain through new investments and key hires.
Luxury Daily, Jan. 28, 2021 – Resilience, adaptability drive consumer trends in 2021: Euromonitor
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Ecommerce growth underscores need for frictionless retail
Digital sales can no longer be the sidekick to a retailer’s main business, as the COVID-19 pandemic has made ecommerce a matter of survival for brands.
Balmain delves into brand heritage with podcast series
French fashion label Balmain is the latest to join the roster of brands experimenting with podcasts with the launch of a new series hosted by creative director Olivier Rousteing.
Savigny Luxury Index posts strong performance in November
The unveiling of a trio of COVID-19 vaccines as well as better-than-expected performances by Tiffany, Richemont and Brunello Cuccinelli fueled optimism for the luxury sector in November.
Affluent tech adopters present marketing opportunity for brands
Early technology adopters are a lucrative audience for brands to target since they are predominantly young, male and affluent, according to research from YouGov.
Nordstrom reports positive growth in third quarter earnings
U.S. department store chain Nordstrom reported third quarter results on Nov. 24, which reflected sequential improvement in sales and earnings relative to the prior quarter.
Luxury Daily, Nov. 25, 2020 – Brands must embrace transparency to add credibility to sustainability efforts
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As luxury spending shifts to China, brands must adapt to reach shoppers
While the strong rebound of the Chinese market has been able to uplift the luxury industry, marketers are meeting a new type of affluent consumer in China as the recovery continues.