Jewelry industry poised to benefit from Trump administration: Rapaport
With the United States election over, President-elect Donald Trump and the Republican-led Congress are seen as a potential boon to the jewelry business.
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Beauty begins retail strategy overhaul, moves toward standalone stores
Thanks to the success of the color cosmetics category, a number of luxury brands are beginning to update their beauty retail strategies to include standalone storefronts.
What impact will a Trump presidency have on the luxury market?
As President-elect Donald Trump prepares to take office next January, luxury marketers will have to recalibrate their strategies and wonder if the billionaire will keep all his campaign promises.
Trussardi eyes entertainment value in immersive musical project
Italian fashion house Trussardi is giving consumers a front row seat to a band’s creative process through a 360-degree experience.
Luxury market to see 4pc compound annual growth revenue increase by 2020
While many luxury brands were slow to take on ecommerce in the beginning, the sector is now leading the charge in luxury sales growth at 7 percent penetration in 2016, according to Bain & Company.
Luxury Daily, October 21, 2016 – Can luxury brands bridge gap between ecommerce and brand experience?
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Saks, Claridge’s, Rolls-Royce and luxury market – Live news
Luxury Daily’s live news from Oct. 20 – Saks solely retails shoes in standalone Greenwich storefront; Claridge’s turns to Apple designers for Christmas tree; Rolls-Royce meets Scandinavian demand with Stockholm dealership; Ecommerce a bright spot amid luxury’s otherwise stagnant growth: Euromonitor.
Luxury Daily, October 10, 2016 – Diamond industry adapts to millennial values, taps into objective relationship traditions
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Russia’s economic trials pave opportunity for luxury
Devalued currency rates in Russia have spurred an uptick in tourism and the purchase of luxury accessories within the market, according to Euromonitor.
Baume & Mercier design meets demand for feminine timepieces
Swiss watchmaker Baume & Mercier is helping women wear their personality on their wrist with the release of a fashion-focused timepiece collection.