Investors are confident with personal finances: UBS
High-net-worth investors believe that the market’s tumultuous nature right now is only temporary and hope in personal finances remains high.
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Social influencers hold sway for HENRY buying decisions
While many many associate luxury items with a particular price point, a new group of up-and-coming affluents cite quality and reputation over price in terms of declaring what is luxury.
IoT poised to revolutionize how retailers shape store experiences
A growing number of retailers see the power of harnessing the Internet of Things, especially as a way to improve store operations and inventory management.
Holiday House gathers home furnishings brands for a cause
Christofle and Frette are among the interior brands sponsoring a New York showhouse to benefit the Breast Cancer Research Foundation.
Chinese travelers’ spend will continue to balloon
As luxury marketers look to reach the valuable and growing population of Chinese outbound travelers, it is imperative for them to capture this segment’s attention before they leave home since they are planners.
Luxury fashion facing challenge as speed to store spells success
The rapid pace of shoppers’ social media discovery and fashion buying habits is hurting luxury brands that have longer journeys to market, according to a new report from McKinsey.
Investing in gender equality boosts company culture
NEW YORK – Beyond giving a brand an image boost, achieving greater gender parity among employees and leadership can have an impact on a company’s bottom line.
Retailers missing cross-channel opportunities: OrderDynamics
Luxury retailers are failing to leverage click-and-collect services, with only a third of high-end brands offering an option to buy online and pick up in store.
Luxury real estate prices growing, but slowing: Knight Frank
Singapore’s luxury residential real estate market has grown 13 percent over the last year, while prices across the globe grew 2.7 percent on average.
Cunard embarks on entertainment partnership with BAFTA Los Angeles
Cruise line Cunard is furthering its ties to show business through a partnership with the British Academy of Film and Television Arts, Los Angeles.