What the coronavirus outbreak means for the luxury business
As the outbreak of the coronavirus in China worsens, there could be significant ramifications for the luxury business that has grown dependent on Chinese consumers for growth.
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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.
Coronavirus could affect luxury goods sales to Chinese consumers and travelers
The spread of the coronavirus in China, especially during the busy Lunar New Year season, may affect tourism and luxury consumption in that market, threatening near-term revenue for leading European luxury houses.
Luxury Daily, January 13, 2020 – African consumers want the same thing as consumers everywhere else: Lux Afrique CEO
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Sustainability is 2019 Luxury Word of the Year
Sustainability is 2019 Luxury Word of the Year for its vast influence on luxury brands’ strategies and philosophies, spanning sectors and supply chains. Inclusivity and transparency were runners’-up.
New Altagamma chief’s warning: Italy stands to lose 236,000 artisans in next 5 years
Matteo Lunelli has his work cut out. On Jan. 1, he becomes the new president of Altagamma, succeeding the formidable Andrea Illy, with a mandate to support and save Italian craftsmanship.
How luxury retail can capture last-minute holiday shopping
With about a week left before Christmas and Hanukkah, retailers have the opportunity to simplify holiday shopping by offering a seamless omnichannel and stress-free purchase path.
Luxury Daily, November 19, 2019 – Prada rethinks advertising by taking campaign into the everyday
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How will Chinese luxury shoppers react to price increases?
It is no secret that luxury brands have not had it easy in the Greater China market this year for myriad reasons.
Heritage and disruption rule in luxury, but is there a third path to success?
While some luxury companies are leveraging their heritage, others are dramatically disrupting their brands to meet consumer needs. But is there a third path to success in the luxury market to consider?