Watchmakers across the board are considering new options to entice the youth segment of the market, with tactics ranging from online selling to wearables and increased customization, as horology interest continues to stagnate.
Shifts in the demographics and mindset of today’s luxury consumers have brought about profound changes in the way they shop and buy and how luxury fits into their lifestyle.
As the Russian market has matured and become more competitive, the country’s retail sector is entering a period of optimization led by mobile purchasing and cross-border commerce, according to a new report by East-West Digital News.
Conglomerate Kering’s eyewear subsidiary and Richemont-owned Cartier are teaming up to produce and distribute branded eyewear under the jeweler’s label.
Ecommerce sales in Europe have been rising around 12 percent each year, a trend that is expected to continue.
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Political instability and evolving urban economies have propelled consumers into a landscape of uncertainty, making authenticity, convenience and experience all trends to watch, according to a new report from Euromonitor.
Beauty group L’Oreal is responding to growth in its upscale division with the appointment of Cyril Chapuy as deputy general manager of L’Oreal Luxe, in charge of international brands.
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Italian atelier Valentino ventured onto New York’s streets to observe consumers’ hopes and thoughts through personal testimonies.
