NEW YORK – While many start to fear that “retail is dead,” according to Deloitte numbers in the economy show a positive economic environment, alluding to a retail renaissance rather than a death.
Luxury buyers want the brands they use to reflect their concerns and aspirations for a better world.
German automaker Mercedes-Benz is considered the most emotionally intelligent premium automotive brand among affluent U.S. consumers, driven in part by the quality of its vehicles.
The global beauty market is growing and is on pace to reach a value of more than $800 billion in the next five years, propelled by consumers’ appetites for innovative skincare and fun, new products.
When it comes to bricks-and-mortar shopping, consumers’ decisions are driven more by convenience than by brand loyalty.
India is a long-term play. A luxury marketer needs to be patient, keep controls in place and let the brand–customer relationship evolve.
As the holiday season is expected to see a healthy spend from consumers, luxury marketers need to attract gift shoppers with an emphasis on experiential retail that ties into the holiday spirit.
More brands are turning to influencers to authentically connect them to new audiences as influencer engagement increases, with more room to grow.
U.S. fashion label Michael Kors is celebrating the fifth anniversary of Watch Hunger Stop, its anti-hunger initiative that partners with the United Nations World Food Program.
The Madison Avenue Business Improvement District is teaming with American Ballet Theatre for a weeklong dance celebration.
