News

IMF’s take on lockdown: “Worst economic downturn since the Great Depression”

Brands should nurture loyal wealthy customers as retention is key to bounceback

Four Seasons is most Instagrammed luxury hotel brand worldwide

The WeChat Luxury Index 2020: Content is no longer king

McKinsey: Perspective for the luxury goods industry during and after coronavirus

Three out of five U.S. consumers believe retail stores should reopen by May-end: study

Affluent consumers cannot wait to go on vacation: study

In-house agencies most important for producing new creative assets in shadow of COVID-19: survey

Communications in a pandemic: Why now is not the time for silence

With no trade shows, ramp up PR, content marketing and digital outreach

“Slow fashion” term gets 90M social impressions in shopping-behavior shift: Lyst report

Luxury items are becoming a luxury in COVID-19 shutdown

Luxury executives expect shutdowns to go on for months

UK consumers changing shopping behavior as COVID-19 measures tighten

Luxury business, while resilient, likely to contract $66B to $77B in 2020

Addenda to Luxury Daily, Altiant luxury consumer research report with COVID-19 effect

How dramatically are US retail consumer trends shifting amid the COVID-19 crisis?

Mall traffic started dropping in early March ahead of lockdowns

57pc of employees would take a pay cut for better health and retirement benefits

Consumers making more online purchases amid coronavirus crisis

Spot survey finds 86pc Chinese consumers to spend less this year