Luxury Daily, July 22, 2020 – 4 shocks to hit current workforce strategy as CEOs face new urgency
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As the business hub of the Middle East and one of the world’s wealthiest cities, Dubai has attracted its fair share of affluents and luxury brands.
Only a decade ago, widespread use of augmented and virtual reality seemed clunky or out of reach. But brands and developers have focused on innovative activations of this technology and have allowed it to flourish, especially in luxury.
Bold and gutsy, but that is what can be expected from Celeste Markey and Elizabeth Rickard Shah as they officially roll the welcome mat for their direct-to-consumer, sustainably-focused fashion label, Careste.
With the introduction of its Mini Shop, micro-blogging platform Weibo is no longer just a content platform, but a transactional one as well. How can beauty brands benefit from this change and adapt their Weibo strategies accordingly?
The days of foolproof key success factors such as media investment, cost reduction and discounts are long gone due to a new consumer mindset. How will the luxury fashion sector move forward?
Luxury brands develop their reputation by being exclusive, which makes selling products off-price inherently risky.
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.
Confronted with an economic slowdown, a spreading anti-fur movement and an international COVID-19 pandemic, is it possible for the fur industry to survive today’s hyper-politicized climate and rapidly changing markets?
Michael Kors has joined a slew of rebel designers in renouncing the hurried fashion week hoopla for a slower-pace, two-collection showing at a time of his choice.