While Singles’ Day catches the eye of most luxury retailers rather than Black Friday deals, those that continue to skip the discount-focused day will miss out, as even affluent consumers still appreciate a good deal.
The luxury apparel market is forecasted to be worth $60.7 billion by the end of 2024, up from $1.8 billion in 2015, according to a report by Transparency Market Research.
With consumers becoming more invested in longer vacation stays overseas, Iceland has dramatically increased in interest with not just adventure seekers but with affluent families as well, according to Virtuoso.
Without a standardized pricing model, there is a huge amount of room for diamond dealers to take advantage of consumers.
Compared to other generations, millennials are 20 percent more likely to look at the elements of L.A.T.T.E. when making shopping decisions.
Millennials grew up in the age of the Internet and no longer see the majority of online ad inventory, let alone engage and click. How do you truly grab their attention?
Moët Hennessy Louis Vuitton is opening its doors for a single day to give 220 students a first-hand glimpse at the French conglomerate’s inner workings.
Affluent parents are increasingly bringing their children with them as they travel first class and stay at luxury properties, creating a growing need for kid-friendly amenities.
The way modern women access and experience beauty is more dynamic and varied than ever before, which poses an important question: How to create desire and allure while still engaging with a modern luxury customer?
Pokémon Go, a free-to-play, location-based augmented reality game developed by Niantic, has been driving a lot of hype. Some claim it is the hottest mobile game ever and peg it as the next tech trend, whereas others argue it is declining in popularity, losing millions of players weekly.
