Number of UHNWIs worldwide will continue to rebound: Wealth-X
The population of ultra-high-net worth individuals all over the world is growing after a significant decline in 2015, according to new findings from Wealth-X.
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Online retail routinely sacrifices loading speed for features, potentially losing customers
In their efforts to make ecommerce as feature-packed as possible, retailers may be sacrificing a key statistic of the shopping experience: load times.
Luxury brands, cheap domains: Why retailers are losing the fight against online impostors
According to the International Trademark Association, more than $460 billion of counterfeit goods were bought and sold last year, mostly online. And the problem does not end with phony goods – sometimes luxury names are used as lures for other kinds of crime, such as credit card theft, with or without delivery of faux items.
Ferragamo reaffirms sustainability commitment with actionable efforts
Italian apparel and accessories label Salvatore Ferragamo has taken great steps to become a sustainable company and reduce its negative effects on the environment.
3 things new luxury brands can teach established marketers
They may have less resources, but new luxury brands are rethinking marketing and changing the landscape for everyone.
Interests, leisure activities represent divide between affluents and wealthy: report
While affluent consumers have relatively similar interests to the average consumer such as seeing a film or cooking, the truly wealthy tend to be far less involved in the same sorts of activities, according to a new report from the Shullman Research Center.
McLaren invites festivalgoers to assemble a supercar
British automaker McLaren is making its presence known at the Goodwood Festival of Speed June 29 to July 2 by inviting attendees to build a McLaren, but with a twist.
Hennessy visualizes layers of flavors, aromas in JonOne-designed bottles
LVMH-owned cognac maker Hennessy is bringing color to the mix for the seventh annual Hennessy Very Special Limited-Edition bottle for 2017.
Will duty-free shopping’s popularity incite a retail bounce back?
Retail in relation to travel is a significant source of revenue with global duty-free shopping projected to increase 27 percent by 2021, according to a new report from GlobalData.
Selfridges doubles as a performance space to save London’s music
British department store Selfridges is emphasizing the close relationship between fashion and music with a new in-store initiative that mixes retail with performance.