In 2018 ecommerce sales of luxury goods – which includes apparel, beauty products, perfume, jewelry and watches, leather goods and accessories – accounted for 8 percent of the more than $280 billion global luxury market.
Aside from considering the format of videos for each platform, new research finds that different types of content resonate better within certain social media communities.
Fashion and luxury brands have long been used as an extension of the self. But now they have become more than just signifiers of status.
While retailers’ branded mobile apps are effective in increasing customer engagement and growing sales on their Web sites and in-stores, they are also responsible for increasing the rate of product returns.
The Couture Council of the Museum at FIT is honoring French footwear designer Christian Louboutin for his impact on the fashion business.
Amid growing consumer concern that a recession will hit in the next three years, a new survey finds that in the event of an economic downturn, half of homebuyers would put their housing search on hold.
Turnaround, reboot, comeback, do-or-die, last stand: these are words thrown around any Cadillac discussion – today or in the past couple of decades.
Impending further tariffs on Chinese imports could dent the holiday shopping season, as a new survey finds that 54 percent of consumers are worried about price increases related to greater import taxes.
A boost in ecommerce and rising demand for organic personal care and cosmetics products will propel growth in the luxury cosmetics business worldwide.
While jewelers and marketers the world over are focused on millennials and Gen Z, Japan’s more mature female population leads the consumption of platinum over other generational cohorts.
