French luxury goods conglomerate LVMH is celebrating the 25th anniversary of its corporate social responsibility-focused Environment Department in an event dubbed “Future Life.”
The worldwide luxury business spent $1.01 billion on digital advertising in 2016, an increase of 63 percent since 2013, per media services agency Zenith Media. Over the same period, spending on magazine ads dropped 8 percent to $2.6 billion, claimed Zenith.
Gucci’s creative director Alessandro Michele has designed an otherworldly garment for Icelandic singer-songwriter Björk’s latest music video.
LVMH-owned Champagne house Dom Pérignon has interpreted a phrase said by its namesake Benedictine monk through a commissioned piece of art.
For the third year running, French conglomerate Kering Group has been named the most sustainable company in the luxury sector by the Dow Jones Sustainability Index (DJSI).
While wine held the top spot for wealth investment last quarter, jewelry took a surprising leap, surpassing classic cars as a more valuable method for the wealthy to store their assets, according to new research from Knight Frank.
LVMH-owned Sephora is ranked as the top customer experience provider as it continues to stronghold the digital and in-store retail experience, based on what its audience wants.
British retailer Matchesfashion.com is teaming up with sustainability consultancy Eco-Age in an effort to make its entire operations more ethical.
While a fixer-upper home offers greater options of customization, affluent consumers are not interested in doing renovations and are looking for the convenience of a turnkey.
What might appear as necessary for survival in the non-luxury retail world – in this case, data-driven marketing – might destroy what makes luxury so special.
