Luxury Daily, November 13, 2019 – French silversmith Christofle undertakes its most radical makeover yet
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German automaker Porsche was named the world’s most valuable luxury and premium brand, growing its brand value by 54 percent to $29.3 billion.
The effect of general economic conditions has a fragmented effect on luxury consumption in China, with certain verticals such as wines and spirits or watches hit more immediately than, say, leather goods or high-end cosmetics.
The rise of digital media has dramatically disrupted the print industry, but for luxury book publishing, it may have just made these items more precious.
Political and economic tensions persist in Europe and Asia, but the prospect of a busy holiday shopping season on the horizon has eased some luxury investors’ concerns.
As environmental consciousness becomes a larger consideration for contemporary consumers, the cosmetics industry has generated more conversation and media impact value around sustainability than the fashion industry.
NEW YORK – In the beauty business, labels need to carefully consider their multi-brand distribution, since bigger is not always better.
Hospitality chain Mandarin Oriental Hotel Group is adding to its footprint in mainland China with a new property in Nanjing expected to open in 2022.
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