Gucci offers consumers stylish avatars in gaming collaboration
Italian fashion label Gucci is partnering with social app Zepeto in its latest gaming-centric push to engage consumers.
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Savvy luxury labels diversifying digital offerings
Luxury fashion brands have leveraged technology at unprecedented levels since the start of the COVID-19 pandemic, but these efforts are going beyond more mainstream or “traditional” digital channels.
Luxury Daily, Jan. 22, 2021 – Pandemic accelerating in-store, online changes: Saks Fifth Avenue CEO
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Richemont sees sales gains in Q3, boosted by ecommerce, China
Swiss luxury group Richemont saw double-digit growth in online sales, as its recovery continued into the third quarter of its fiscal year.
Audemars Piguet taps L’Oréal vet as North America CEO
Swiss watchmaker Audemars Piguet has named Ginny Wright as chief executive for its North America business.
Happy New Year: Luxury flocks to the Year of the Ox
Luxury brands are celebrating the Year of the Ox through unique capsule collections and ox-inspired accessories.
Outlook 2021: Home improvement to remain a big task in coming months
A lasting consequence of the COVID-19 crisis is that affluents are now aficionados at the home improvement game and this means the current boom in home furnishings is set to continue in 2021.
Saks Fifth Avenue is 2020 Luxury Retailer of the Year
Department store chain Saks Fifth Avenue is Luxury Daily’s 2020 Retailer of the Year for its adaptability and successful digital advancements amidst the COVID-19 pandemic.
Why China could leapfrog the luxury ecommerce wars
With housebound consumers around the world doing more high-end shopping online this year, luxury’s longstanding resistance to embracing ecommerce has dissolved as major online retail platforms, luxury groups and brands have rushed to invest in the space and ensure that they are not left behind.
Farfetch joins other luxury retailers in outlining long-term sustainability efforts
Online retailer Farfetch is furthering its push towards sustainability by unveiling a set of 2030 goals as part of its “Positively Farfetch” strategy.