Luxury housing prices keep soaring: report
Luxury home sales in the United States continue to be on the upswing, with 19 markets hitting double-digit growth in July.
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Financial services – Luxury Memo special report
The world of financial services has undergone significant change over the past few years. For luxury brands, keeping abreast of how wealth travels and is maintained is paramount to understanding the modern luxury consumer.
Luxury’s main houses are doing well, but investors are scared
Luxury is having its long-awaited comeback, but this past month investors have been scared thanks to Trump’s tariffs, according to Savigny Partners.
U.S. marketing trade groups oppose Census question
Since the census is the foundation for population estimates that support the marketing industry, inaccurate census data would lead to misallocated marketing resources.
Millennial women’s shopping habits lean towards self-purchasing
Contrary to traditional marketing that positions jewelry as a gifting item, millennial women are more apt to buy pieces for themselves than to receive them from others.
Tariffs could encourage drivers to choose pre-owned vehicles
Automakers need to prepare for the impact that possible tariffs may have on sales in the U.S., as a new study finds prospective buyers could consider opting for used cars.
Louis Vuitton or Hermès: Which brand wins in the battle for authenticity?
When a luxury brand is seen and available everywhere, its luxury value – its authenticity as true luxury – becomes diluted.
Nordstrom hosts back-to-school benefit for students in need
Department store chain Nordstrom is helping 25,000 children in need head back to school with more confidence.
Digital customer services heighten live agent expectations
The need for advanced customer service solutions and highly trained agents is more important now than ever for luxury retailers, as consumers demand more.
Real estate firms must focus on relationships: J.D. Power
For residential real estate companies, building customer relationships has become even more important as digital services continue to impact the industry.